Friday, 15/11/2024
Bắc giang 30 °C / 23 - 33 °C
Hotline: +84.0204.3 856 624

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

Digital industry to contribute a quarter of Vietnam’s GDP by 2025

Updated: 14:32, 10/05/2019
A pending project on national digital transition aims for the digital industry to contribute 25 percent of Vietnam’s GDP by 2025 and for the country to be placed fourth among ASEAN member states in terms of national digital ranking.

The project, designed by the Ministry of Information and Communications, is opened for public feedback before being submitted to Prime Minister Nguyen Xuan Phuc.

{keywords}

Illustrative photo.

It consists of three phases, implemented between 2019 and 2030. The first phase (2019 – 2020) will focus on digitisation in socio-economic areas to boost productivity, create new development sources, build relevant infrastructure and legal framework and provide guidance for enterprises on digital transition.

The second phase (2021 – 2025) aims to turn digitisation into a part of the national competitiveness. During the period, digital transition will take place across sectors, particularly in updating business models to apply digital platforms and ecosystems and in forming value chains.

The third phase (2026 – 2030) targets a comprehensive digital-based society and economy, with new digital industries formed. Significant support will be funnelled into technological fields like artificial intelligence (AI), Big Data, and Internet of Things.

Minister of Information and Communications Nguyen Manh Hung said Vietnam will announce its national digital transition strategy this year.

Affordable smartphones and mobile data plans have driven recent growth of internet usage in Vietnam. The country has about 64 million internet users (approximately 67 percent of the population), placing it among the top 20 countries with the highest internet penetration.

Meanwhile, more and more businesses have applied digital technology to production, business activities and management, which is reflected in the rapidly increasing rate of new technologies such as cloud computing, AI and automation.

A survey of about 5,000 businesses in Vietnam conducted by the Vietnam E-Commerce Association revealed that 43 percent of enterprises used websites, 32 percent used social networks and 15 percent used mobile applications to sell their products in 2018.

APEC workshop seeks to enhance digital literacy in women, girls
An Asia-Pacific Economic Cooperation (APEC) workshop was held in the northern province of Quang Ninh on April 12 to seek ways to advance inclusive development through enhancing women and girls’ digital literacy and related skills in the context of the Fourth Industrial Revolution.
 
Promoting digital economy in context of Industry 4.0
The digital age offers opportunities for the world economy, creating new business models, which helps boost global gross domestic product (GDP).
 
US firms help digitalise data of Hue relic sites
The Hue Monuments Conservation Centre is partnering with US Seagate and CyArk companies to digitalize data of two heritages of Tu Duc Tomb and An Dinh Palace, Director of the centre Phan Thanh Hai said on January 9.
 
Vietnam leads Southeast Asia in digital economy development
Vietnam’s internet economy is the largest relative to GDP in terms of gross merchandise volume in Southeast Asia this year.
 
First-ever awards honour excellent digital products, services
The first-ever Vietnam Digital Awards were presented at a ceremony in Hanoi on November 19, honoring organizations and individuals excelling in providing or applying digital technologies aimed to improve customers’ experience.
 

Source: VNA

Shares:
icon-zalo
digital-industry-to-contribute-a-quarter-of-vietnam’s-gdp-by-2025.bbg

Reader's comments (0)

Your comment...