Online business

Vietnamese famers have average income of 3.4 million VND/month The Ministry of Agriculture and Rural Development reported that the average income for farmers in 2020 was 43 million VND/year, which is equivalent to under 3.4 million VND/month. In the Draft Strategy for Sustainable Agriculture and Rural Development for the 2021-2030 period (with a vision towards 2050), the Ministry set the goal of raising farmers’ average income and reducing poverty in a sustainable manner. By 2030, the rural population’s income would have to be 3 times higher than in 2020, and poverty rate would fall by 1-1.5 %. Vietnam targets 100,000 IT enterprises, digital economy to contribute 30% GDP At a recent event in Da Nang, Deputy Minister of Information and Communications Phan Tam said that Vietnam has had 58,000 ICT enterprises and has set a target for that number to reach 100,000 by 2025. "The goal is that by 2030, Vietnam will be in the top 50 countries in terms of digital governing, and its …

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Da Nang calls for RoK’s investment in ICT A forum to promote investment in information and communications technology (ICT) in the central city of Da Nang from the Republic of Korea (RoK) was held virtually on November 30, bringing together representatives from over 200 enterprises and investors from the two countries. The event aims to introduce potential, advantages, preferential and investment support policies of Da Nang to RoK businesses and investors, especially in ICT, and high technology. Addressing the event, Deputy Minister of Information and Communications Phan Tam said the RoK is the largest foreign investor in Vietnam with over 9,000 valid projects worth over 71.5 billion USD, including nearly 500 investment projects in the ICT field with the presence of the world's leading technology corporations such as Samsung and LG. To welcome more investments from the RoK, the Vietnamese Government has been perfecting models, mechanisms and policies to create breakthrough …

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The central bank received three applications for Mobile Money service and has licenced all of them - VNPT, MobiFone and Viettel. Pham Tien Dung, Deputy Governor of the State Bank of Vietnam (SBV), says the central bank granted Viettel the Mobile Money service rights after the Vietnam Post and Telecommunications Corporation (VNPT) announced it would pilot this service in Vietnam. The central bank received three applications for Mobile Money service and has licenced VNPT and MobiFone. Deputy Governor Pham Tien Dung said the State Bank of Vietnam has also granted a license to Viettel to provide Mobile Money services but it has not received official information from Viettel about the license. A source told ICTnews that the license of Mobile Money service for Viettel was slower than VNPT and MobiFone due to the requirement for completing the dossier. Previously, on January 7, 2020, the Government urged a pilot use of telecommunications accounts to pay for services of …

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Speaking at an online meeting of the permanent members of the cabinet and representatives of eight provinces in the south-central region and the Central Highland, the PM expressed condolences to the bereaved families whose members died during natural calamities. For the time to come, the leader asked relevant ministries, authorities and localities to continue summing up the losses and efforts to deal with the consequences, and ordered an emergency assistance of 1,000 tons of rice to each of Binh Dinh, Phu Yen and Quang Ngai provinces. He also stressed the need to continue the fight against the COVID-19 pandemic in the context of the floods, and to recover production and business as well as the supply of necessities to the people. Statistics show that from November 27 -30, up to 19 people were killed or rendered missing by floods that pulled down 26 houses and damaged 25 others, 1,657 hectares of rice and other food crops. The situation has eased but the recovery work is still …

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The event through December 25, organized by the Tourism Department and the Tourism Association of the city, takes place both in person and virtually on the festival’s website (https://ngayhoidulich.visithcmc.vn), the website on local tourism (www.visithcmc.vn), the Shopee e-commerce platform, and the online travel agent Traveloka. It attracts the participation of nearly 40 provinces and cities nationwide and 80 businesses running tourism establishments, hotels, places of interest, and entertainment centers, with hundreds of tourism products and services offered. Nguyen Thi Anh Hoa, Director of the municipal Tourism Department, said the this is a demonstration of authorities and enterprises’ resolve to revive the tourism industry of the city, as well as the whole country, in a time all economic, cultural, and social activities have to flexibly adapt to the COVID-19 pandemic. To the city, the event is also meant to help local enterprises get ready for fully resuming tourism …

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Nguyen Van Khoa, Chairman of VINASA, speaks at the event. — Photo diendandoanhnghiep.vn An online event of the Viet Nam Digital Transformation Summit - Viet Nam DX Summit 2021 officially opened on Wednesday. The event is organised by the Viet Nam Software and IT Services Association (VINASA) in collaboration with the Viet Nam National Institute of Software and Digital Content Industry (NISCI). The summit gathered more than 80 speakers who are leaders, industry experts and more than 8,000 delegates sharing and discussing at 11 thematic sessions focusing on the hottest issues in digital transformation of key industries such as finance and banking, healthcare, agriculture, transportation-logistics, real estate, industrial production and information security. Nguyen Van Khoa, chairman of VINASA, said that the event was held with the expectation of creating an annual forum for exchanging knowledge and practical experience, connecting supply and demand in digital transformation, …

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Participants at the workshop. — VNA/VNS Photo Digital technology, if exploited to the maximum, can bring in over VND1.733 quadrillion (US$74 billion) to Viet Nam by 2030, with the most beneficial sectors including manufacturing, agriculture and food, and education-training. The information was unveiled in a report on the potential of Viet Nam’s digital economy, which was presented at a workshop held in Ha Noi on Monday. Conducted by strategic economics consultancy company AlphaBeta, the report shows that Viet Nam has many opportunities to benefit from the digital economy. Accordingly, the young, educated and tech-savvy population accounts for 70 per cent of its citizens under 35 years old. The literacy rate in the 15-35 age group is over 98 per cent, higher than the average global rate of 91 per cent. About 70 per cent of the population uses smart phones. Viet Nam also has the second fastest growing Internet economy in Southeast Asia after Indonesia. The report, meanwhile, …

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The workshop to announce the Digital Transformation Index (DTI) 2020. — Photo hanoimoi.com.vn Da Nang leads the rankings in the Digital Transformation Index (DTI) Report 2020 in all three pillars of digital government, digital economy and digital society. The Ministry of Finance is the leading agency in the rankings at the ministerial level in providing online public services. This is information from the workshop on the Digital Transformation Index (DTI) of ministries, ministerial-level agencies, government agencies and provinces and centrally-run cities last year held in Ha Noi on Wednesday. Last year is the first year that the Ministry of Information and Communications evaluates the Digital Transformation Index (DTI) of ministries, ministerial-level agencies, agencies of provinces and municipalities. The DTI 2020 report is compiled from four data sources collected including digital transformation report data of ministries, ministerial-level agencies, Government agencies …

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