Hoang Viet Anh, FPT Digital's chairman. — Photo courtesy of FPT FPT Corporation recently established FPT Digital, specialising in providing digital transformation consulting services to businesses. This is the ninth member company of FPT Corporation and was established with the aim of perfecting the digital transformation service ecosystem for corporate customers. Its digital transformation consulting service covers three areas including comprehensive digital transformation consulting, digital human resource development consulting and information technology system development consulting. Hoang Viet Anh, FPT's deputy general director, will be chairman of FPT Digital and Tran Huy Bao Giang, FPT director on digital transformation, will be its general director. FPT expects the establishment of FPT Digital to boost revenue in digital transformation consulting, create momentum for the development of technology consulting services. — VNS …
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Comprehensively reforming State’s economic management
With five groups of solutions and 25 tasks, the plan puts forward that by 2030, the State’s management methods will be reformed in a fundamental and comprehensive manner and aligned with international principles and practices in a bid to create a favourable business climate for all economic sectors, thereby helping achieve all targets relevant to the private economic sector as stated in Resolution No 10-NQ/TW, developing the private economic sector into an important driving force of the socialist-oriented market economy. During the course of the three years implementing the resolution, Vietnam’s private economic sector has seen robust development and has gradually become a driving force in promoting national economic growth. Private businesses, particularly large scale ones, have made remarkable strides in establishing their roles and position in the national economy. Many private enterprises have shown performance levels as effective as or even more so than State-owned and foreign-invested enterprises. More and more major private corporations and domestic joint stock companies have invested abroad in developed countries to expand their markets and promote their brands such as Vingroup, Vietjet Aviation Joint Stock Company, Truong Hai Auto Corporation (Thaco), T&T Group, Vietnam Dairy Products Joint Stock Company (Vinamilk), and FPT Group. Private enterprises made up only 20% of the 500 largest enterprises in Vietnam (VNR500) in 2017, the figure then reaching 57.8% in 2019. The proportion of overall revenue from private enterprises also increased to 37.51% in 2019 from 27% in 2016. These figures were made possible thanks to the efforts of enterprises themselves as well as Government policies designed to create a favourable and equal business environment in recent years. However, according to the General Statistics Office, private enterprises only contribute about 9.1% of GDP. To address the problem, the 13th National Party Congress’s Resolution was …
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