VOV.VN - The number of international travelers to the nation this year is anticipated to fall by over 80%, while the figure for domestic tourists will witness a 45% fall, resulting in estimated losses of US$23 billion.

Vietnam is constantly looking for new driving forces for growth and the country has leveraged opportunities from digital and e-commerce for economic growth, according to CIEM director Nguyen Thi Hong Minh.

Vietnam’s cloud computing market has so far been worth nearly VND3.2 trillion (US$133 million), heard a workshop in Hanoi on November 24.

VOV.VN - Vietnam welcomes and creates the best possible conditions for foreign businesses to operate successfully in the long term in the country, Prime Minister Nguyen Xuan Phuc assured foreign businesses at a reception in Hanoi on November 25.

VOV.VN - The Vietnam Venture Summit 2020, the second event of its kind, got underway in Hanoi on November 25, providing a dialogue platform between the Vietnamese Government and major international venture funds.

The Ministry of Information and Communications (MIC) launched the corporate management platform Base.vn in Hanoi on November 20.

Vietnam’s digital economy is expected to reach US$14 billion in 2020, a year-on-year increase of 16%, and will likely reach US$52 billion in 2025, re-accelerating to nearly 29% in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.

State-owned enterprises (SOEs) must push up digital transformation to improve their competitiveness and operation efficency, Chairman of the Committee for Management of State Capital at Enterprises (CMSC) Nguyen Hoang Anh said.

Prime Minister Nguyen Xuan Phuc on November 16 attended the launch ceremony of the “VssID - Digital Social Insurance” – the mobile application of the Vietnam Social Security (VSS).

Leaders from ASEAN member countries, and the Republic of Korea (RoK), Japan and China shared the view on the need to enhance their cooperation in the COVID-19 fight and economic recovery, during the 23rd ASEAN Plus Three (APT) Summit held online on November 14.