Apple officially moved production of iPad, Macbook from China to Vietnam. On the afternoon of December 16, the Government Office announced that Foxconn had converted from November 26, 2020 to avoid risks in China.
Specifically, Foxconn is building a production line for iPads and Mac computers in Bac Giang and will go into operation in 2021. Foxconn has announced a new $ 270 million investment in Vietnam.
Companies based in Taiwan (China) such as Foxconn are also looking to relocate production out of China and to Vietnam, Mexico and India to prevent geopolitical risks. Some Airpods have been produced in Vietnam.
By 2021, the third generation of Airpod is expected to be produced in Vietnam as well.
Relocating part of production to Vietnam is expected to help reduce the impact if the US-China trade war worsens and can help maintain output, even if the new government is to be. Mr. Binden’s tension cooled down.
Also according to information from the Government Office, Vietnam is leading the game of commercial 5G technology. According to network equipment manufacturer Cisco, by 2025, the number of 5G subscribers in Vietnam is expected to reach 6.3 million.
Early deployment of 5G services can help Vietnamese mobile carriers increase revenue by 300 million USD / year, starting from 2025. However, in the next 5 years, Vietnam needs to invest about 1.5 – 2.5 billion USD in technology.
Vietnam is currently on the right track to achieve its 5G ambitions, but the way ahead is full of obstacles in terms of technology, national security and governance. Some anticipated difficulties include the high cost of equipment and services, limited selection of terminals that support 5G, and narrow network coverage.
In addition, due to the COVID-19 pandemic, the pilot plans in Vietnam could not be fully implemented as expected, not taking into account the problem of communication between regions and transportation of necessary equipment.
According to GSMA Intelligence, Vietnam now considers digital transformation the key to boosting its economy and becoming a prominent country in the Asia-Pacific region in terms of “digital advancement”.
Just 3 years from now, after decades of digital weakness, Vietnam – a traditional agricultural country has quickly transformed digitally thanks to “advances in digital identity, digital citizenship. digital and digital lifestyles ”.
GSMA believes that the Vietnamese Government is pursuing an Industry 4.0 strategy, which includes infrastructure and human resources, along with e-Government services and innovation initiatives such as the planned e-commerce transformation plan. will increase the number of electronic businesses up to 43% in the next 5 years.
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