As part of Telecoms World Asia 2020 agenda, we are once again placing a heavy focus on the telecommunications industry in some of Asia’s hot emerging markets. How to connect and grow emerging markets is set to become a high point of discussion in the new decade, so we spoke with VNTA’s Tran The Phuong, about how Vietnam’s telecommunications authority views the future, and what to expect in the coming years. VNTA will be speaking at Telecoms World Asia as part of our Connected Asia series, focusing on Vietnam, in the afternoon of Monday, July 20th in Bangkok.
1. Can you share a brief introduction of what you do and what are some areas of focus for VNTA?
The VNTA is interested in the following topics: launching 5G, shutting down legacy network (2G/3G), network virtualization, new trends in satellite connectivity and regulatory framework – as well as the future of broadband and how we can look to balance the financial implications of increased connectivity.
2. In one sentence, tell us how you would describe the state of the telecommunications industry today?
Of course the telecommunications industry is changing so fast which is creating both challenges and opportunities. What this is doing is requiring all stakeholders (telcos, regulators etc…) to work with one another to innovate, rethink and adapt themselves quickly and efficiently.
3. How do you see the industry evolving over the next 5 years?
For me there are three important areas where the industry can, and will evolve:
- Fully unleash the power of 5G.
- Fight against the continued struggle with decreasing revenue and finding solutions to this problem.
- Have to adopt digital transformation as part of an industry restructuring process.
4. What are some of the common challenges that regulators face today and how do you help them overcome these obstacles?
I think there are two big challenges ahead for regulators. The first is addressing the issue that shifts in technology are occurring too quickly for many of us, which ultimately makes it more difficult to know the regulator’s decision is the correct one in that given timeframe. Additionally, we have face further pressures on how to create a legislative and regulatory framework which is enabling and suitable for innovation.
In order to overcome these issues, it is important to adopt a consultation and collaboration based approach in making policy and regulation. For me, regulation adoption should be adaptive, balanced and fit for purpose in order to enhance regional and international cooperation and share the best practices and expertise in regulation.
5. What technology are you looking forward to hearing about at Telecoms World Asia 2020?
5G, Network virtualization and satellite constellations.
About Telecoms World Asia
Telecoms World Asia has been an annual platform for leading international carriers, operators, authorities and suppliers to meet, learn and create fruitful partnerships for the betterment of the telecoms ecosystem in Asia. Expect more than 1200 attendees, 120+ speakers and 70+ exhibitors this year, and a most diverse agenda yet with 5 theatres of content covering 5G, Network Virtualisation, Telco 4.0, Wholesale and Intelligent Connectivity.
To sponsor or exhibit, contact Shruthi at Shruthi.Hegde@terrapinn.com or +65 6322 2712.