Insurers should promote digital transformation rapidly as, compared to other financial industries, the insurance industry is considered to have slow digital transformation with limited economic efficiency.

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity, learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKVFTA) takes effect, according to banking insiders.

The domestic tourism sector needs data centres, hosted by the Vietnam National Administration of Tourism (VNAT) to accelerate digital transformation of the industry, said Nguyen Quyet Tam, a member of Vietnam Software & IT Services (VINASA) and CEO of VietISO.

Digital transformation has been essential for the tourism sector in the post-COVID-19 period by optimising operations, cutting expenses, improving efficiency, and attracting more visitors.

In order to make 5G technology a part of digital transformation efforts and Industry 4.0 in Vietnam, it is necessary not only to build telecoms network infrastructure but also develop a 5G mobile ecosystem.

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

VOV.VN - Vietnamese Minister of Education and Training Nguyen Kim Son on August 23 attended the opening ceremony of the China-ASEAN Education Cooperation Week 2022 which was virtually held in Guiyang City of China’s Guizhou Province.

The UK – Vietnam Free Trade Agreement (UKVFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050.

Minister of Finance Ho Duc Phoc has signed a decision promulgating the Ministry of Finance's digital transformation plan to 2025, with vision to 2030.

The Tourism Information Technology Centre (TITC) under the Vietnam National Administration of Tourism (VNAT) has published a set of documents on digital transformation in the tourism industry.