Vietnam will become the leading digital country and economy in the ASEAN region by 2030 (Photo: cafebiz.vn) Hanoi (VNS/VNA) - Vietnam will become a leading digital country and economy in the ASEAN region by 2030 and allow testing of new technologies in the digital economy. This is one of the proposals in a draft project on national digital transformation by the Authority of Information Technology Application (AITA) under the Ministry of Information and Communications (MIC). The ministry assigned AITA to develop the project and submit it for approval in November. The project aims to realise orientations and policies of the Government to develop the economy based on digital technologies. Speaking at a conference to review MIC’s activities in the first half of the year this week, Nguyen Thanh Phuc, AITA’s director, said in the draft all people would be able to participate in the digital economy. Phuc said the main targets would include improving competitiveness of … [Read more...] about Vietnam plans to become leading digital economy in ASEAN by 2030
Championing sabahs digital economy seminar
AI, blockchain create momentum for Vietnam’s digital economy
At a recent conference on application of AI and blockchain in market connection and online payments, organized by the National Agency for Technology Entrepreneurship and Commercialization Development under the Ministry of Science and Technology, Deputy Minister of Science and Technology Tran Van Tung said Vietnam is entering the fourth industrial revolution. Unlike the previous revolution, which was mainly based on the application of machines to streamline mass production, this scientific and technological progress promises to be an automation revolution through access to digital information instead of using human resources to maintain industrial production processes. Among the technologies, the potential for application of AI and blockchain for improving the efficiency of market connection and ensuring security and safety for the finance and banking sector is huge, because the two technologies analyze huge amounts of data and resolve specific industry problems. “Vietnam can … [Read more...] about AI, blockchain create momentum for Vietnam’s digital economy
Digital economy needs supporting policies: experts
The Vietnamese Government should outline policies to promote breakthrough technologies and bolster digital economic development amid the Fourth Industrial Revolution, World Bank Country Director for Viet Nam, Osmane Dione said yesterday. Total revenue from retail sale from e-commerce in is expected to surge to US$13-15 billion by 2020. — VNS Photo Doan Tung At a workshop themed ‘Policy Aspects for Viet Nam Digital Economic Development’, held by the Ministry of Industry and Trade (MoIT) and the World Bank Group in Ha Noi, he described cyber security’s crucial role in protecting customers as an important factor to develop Viet Nam’s digital economy. Enhancing digital skills for citizens should be priorities in the Government’s policies to ensure equal opportunities from the digital economy are offered to all, the official said, adding that education must be improved as well. Deputy minister Cao Quoc Hung said the Fourth Industrial Revolution has … [Read more...] about Digital economy needs supporting policies: experts
International seminar discusses digital economy development
The event was held under the framework of the Vietnam Economic Forum 2019, hosted by the Government of Vietnam and the Party Central Committee's Economic Commission. Speaking at the opening, deputy head of the committee, Nguyen Huu Nghia, emphasised that the workshop was held to exchange and discuss experiences both in Vietnam and the international community to serve the research and development of the Party and State’s guidelines and policies, while supporting enterprises to promptly and effectively approach the IR4.0. The workshop focused on the development trend and impact of the digital economy on the world economy, the impact of the digital economy on economic sectors, opportunities and challenges for Southeast Asian countries, and the wave of artificial intelligence (AI) in Vietnam. Delegates also discussed key areas that Vietnam should focus on in order to develop its digital economy in the future, solutions for Vietnam to develop its potential in ASEAN on the application … [Read more...] about International seminar discusses digital economy development
Seminar talks future of Vietnamese digital economy
Illustrative image (Source: FPT Corporation) Hanoi (VNA) – A scientific seminar to offer strategic forecasts about the future of the Vietnamese digital economy took place in Hanoi on December 14. The event was co-organised by the Vietnam Academy of Social Sciences (VASS) and the Australia-based Commonwealth Scientific and Industrial Research Organisation’s Data 61 project. Speaking at the event, expert Nguyen Thu Nga from the VASS said the Vietnamese government has tapped into the potential of digital economy by issuing a master plan on the development of e-commerce and a national high technology development programme. The number of Internet subscribers soared 320-fold to 64 million in January 2018 from nearly 200,000 in 2000. Australian digital economy expert Jessica Antherton said digital economy is one of the pillars of economic growth as countries worldwide are embarking on the fourth industrial revolution. She pointed out seven key trends impacting … [Read more...] about Seminar talks future of Vietnamese digital economy