The digital economy has created new trends and demands and Vietnam should take advantage of these while preparing for necessary changes to build the digital economy, said Deputy Minister of Industry and Trade Cao Quoc Hung.
Blockchain could play an important role in building the digital economy and improving the efficiency of some fields that Vietnam is still weak such as logistics services and product origin trace.
VOV.VN - The digital economy has ushered in an era of new business models and methods which present huge opportunities for businesses to expand their markets, reduce business costs and promote after-sales services as well as facilitating global shopping habits.
Regulations of the draft law on cyber security should create a legal framework to avoid negative consequences on enterprises and the development of information technology and telecommunications, said Deputy Minister of Information and Communication Nguyen Minh Hong.
A workshop on Cross-border Data Flows took place in Hanoi on May 3 to discuss the importance of data access and sharing and the need to develop a legal framework on data management to boost the growth of digital economy.
VOV.VN - The prerequisite condition for the development of the digital economy is an assurance of the protection of the rights of privacy and personal information, say experts.
Young people, especially university students and youths working in businesses, should be supported to promote start-up and scientific research, Prime Minister Nguyen Xuan Phuc has said.
Although logistics and e-commerce in Vietnam is booming, the two sectors have been hamstrung by a lack of linkages between them, said Tran Thanh Hai, Deputy Director of the Import-Export Department under the Ministry of Industry and Trade.
Foreign investment funds are interested in fields benefiting from the growing middle class in Vietnam, listed companies and those with plans to make initial public offering (IPO) in the areas of food, retail, digital technology, aviation, tourism, oil and gas, banking and real estate, said an entrepreneur.
Singapore, as the rotary chairman of the Association of Southeast Asian Nations (ASEAN), plans to speed up ASEAN’s economic recovery from advanced technologies to innovate and make the region more competitive.
M1 Communication Limited Liability Company of the Military Industry and Telecoms Group (Viettel) has become one of the original equipment manufacturers (OEM) receiving permission to access leading mobile technologies of the US’s Qualcomm Inc.
VOV.VN - There remains much to be done to take full advantage of trends in the evolving app economy to ensure it develops into a solid contribution to Vietnam’s Gross Domestic Product (GDP), according to a recent report by the Progressive Policy Institute (PPI).
The vigorous growth of the internet and technology in Vietnam is expected to provide a platform to support the development of a digital economy.
VOV.VN - The digital economy is becoming ever more important to the global economy, said Deputy Prime Minister Vu Duc Dam at the Information and Communications Technology (ICT) investment forum that opened on Wednesday (October 18) in Hanoi.
Small- and medium-sized enterprises (SMEs), which make up 90 per cent of businesses in Vietnam, should take advantage of new marketing tools like social media to have access to global value chains, experts said at a meeting held on October 17 in HCM City.
Ministers and senior officials from all the 10 ASEAN member states gathered at the second ASEAN Ministerial Conference on Cybersecurity (AMCC) in Singapore on September 18 to seek measures against cyber attacks.
A workshop on enabling access to the digital economy of micro, small and medium sized enterprises (MSMEs) was held in Ho Chi Minh City on September 12, as part of the ongoing 24th APEC Small and Medium Enterprises Ministerial Meeting.
The National Committee for Digital Economy and Society has given the green light to a five-year operational plan and was instructed by the Prime Minister to speed up the expansion of internet coverage to all areas.
Nearly 100 delegates from 21 member economies of the Asia-Pacific Economic Cooperation (APEC) discussed best practices sharing of standards and conformity assessment implementation on smart cities in the APEC region at a workshop in Ho Chi Minh City on August 18.
VOV.VN - Vietnam should use emerging information technology including cloud computing, e-commerce and the internet of things to shore up the digital economy, said experts at the second Vietnam Private Sector Forum.