Vietnam, UK boost cooperation in digital economy and digital transformation

He was accompanying Prime Minister Pham Minh Chinh on a trip to Glasgow to attend the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow in the UK).

During the course of the meeting, both sides shared their strategic orientations, national schemes, and projects on developing the digital economy and digital society of each country, in addition to initiatives and support policies to promote the digital economy.

They also exchanged possibilities aimed at expanding co-operation, as well as strengthening co-ordination among management agencies in digital transformation. This is along with boosting links in the digital economy, digital business connections, whilst jointly developing and organising the implementation of initiatives within the framework of the UK-ASEAN Innovation Partnership and the Asia-Pacific Digital Trade Network.

They signed a Letter of Intent regarding the co-operation in the digital economy and digital transformation. This letter of intent acknowledges the common goals of the numerous parties, including sharing experience in building a favourable environment for the digital economy and digital transformation.

Philp also used the event to introduce a plan to carry out initiatives which can expand co-operation in digital economic development with the Asia-Pacific region and ASEAN, through the UK-ASEAN Digital Innovation Partnership. In addition, he also showcased a programme to support ASEAN in carrying out digital trade platforms, along with standards and architectural frameworks for smart building.

From 2022 the Ministry of Information and Communications will consider implementing Vietnam-UK digital forums, investment promotion programmes, and seminars so that businesses can find partners, expand into new markets and co-operate in projects on the digital economy and digital transformation.

The same day saw Minister Hung hold a working session with representatives from the trade association techUK and the UK-ASEAN Business Council, during which he affirmed co-operation between the two nations’ digital enterprises boasts huge potential. Therefore, this needs to be expanded moving forward, with the supporting and connecting role of both nations’ management agencies and related associations.

TechUK and UKABC also introduced a range of plans and initiatives aimed at developing the digital business community, promote digital innovation, build a favourable environment for digital startups, as well as open international co-operation programmes. Efforts to expand partnerships with countries and regions, especially the Asia-Pacific region and ASEAN, will also be made.

From 2022, the Ministry of Information and Communications will consider implementing Vietnam-UK digital forums, investment promotion programmes, seminars so that businesses can find partners and cooperate in projects on the digital economy and digital transformation.