VOV.VN- The nation can be viewed as a lucrative market in terms of its digital economy, with the second fastest growth pace in the world last year, behind only India.

The official visits to Singapore and Brunei by Prime Minister Pham Minh Chinh, his spouse and a high-ranking Vietnamese delegation from February 8-11 have been successful, contributing to lifting Vietnam-Singapore strategic partnership and Vietnam-Brunei comprehensive partnership to a greater height, said Minister of Foreign Affairs Bui Thanh Son.

VOV.VN - During the Feb. 8-10 visit to Singapore, Prime Minister Pham Minh Chinh met high-ranking officials and business executives in an effort to promote cooperation between the two countries.

VOV.VN - Prime Minister Pham Minh Chinh and Speaker of the Singaporean Parliament Tan Chuan-Jin both expressed their hope for increasingly close-knit, substantive, and fruitful ties between the two countries during their meeting on February 9 as part of the Vietnamese PM’s ongoing official visit to the city-island state.

VOV.VN - The Business Times published an article on February 8 quoting Singapore’s Foreign Minister Vivian Balakrishnan as sayings that Vietnam and Singapore need to step up cooperation in digital economy and sustainable development.

Vietnam and Singapore hold substantial potential for cooperation in digital economy, science-technology and green economy, Dr. Pham Duc Minh from the Agency for Science, Technology and Research under the Singaporean Government has said.

The Vietnamese Ministry of Information and Communications handed over a platform for massive open online courses (MOOCs) and a security operations centre (SOC) system to the Lao Ministry of Technology and Communications on January 11.

The wide applicability and huge connected data store created from blockchain have made this technology increasingly important in the progress of realising the goal of bringing the digital economy to 20% of GDP, as set by the government.

Foreign and domestic companies are strongly eyeing to develop data centres in Vietnam, as demand for data storage in the country is increasing.

Vietnam is speeding up the development of the digital economy, considering this a "breakthrough" step to promote the country's economic growth in the context of the 4th industrial revolution.