News

Where is Vietnam in the global digital race?

To assess where Vietnam is in the digital race, the World Bank uses the assessment framework on the digital economy, with four pillars: Connect, Harness, Innovate, Protect (CHIP).Accordingly, Vietnam performed well compared to countries in the first group and even those in the second group ...

Lan Anh

Seminar seeks opinions on draft decree on Internet-based services

A seminar was organised on February 17 to gather experts’ opinions on a draft decree on amendments and supplements to Decree No. 72/2013/ND-CP (Decree 72) on the management, provision and use of Internet-based services and information on the Internet, which aim to create more relevant ...

Three scenarios to help digital economy make breakthrough by 2025

The goal for the digital economy to account for 20 percent of GDP by 2025 is very challenging. However, Nguyen Trong Duong, Deputy Director of the Department of Enterprise Management under the Ministry of Information and Communications, believed that with a breakthrough scenario, the Vietnamese digital ...

Vietnam ranks 55th in digital transformation

Vietnam ranked 55th in digital transformation with 41 points in Huawei’s Global Connectivity Index (GCI 2020). Since 2015, the GCI has tracked the progress of 79 economies in deploying digital infrastructure and capabilities.This year’s index benchmarks 79 countries according to their performance in 40 indicators ...

Digital economy expected to account for 30% of GDP by 2030

Vietnam’s digital economy is anticipated to rapidly grow to the point where it makes up approximately 20% of national GDP by 2025, with the figure expected to rise further to 30% by 2030.These statistics feature in the draft National Strategy on Industry 4.0 which highlights ...

2019 breakthrough targets must wait for 2020

There is only one month left of the year and it’s safe to say it’s been a successful one for Việt Nam with all major socio-economic tasks likely to be achieved.In 2019, the Government defined key tasks focusing on macroeconomic stability, inflation control, and production ...

Vo Tri Thanh

Vietnam Business Summit 2019 opens in Hanoi

The Vietnam Business Summit 2019 (VBS 2019), one of Vietnam’s biggest international business-related events, opened in Hanoi on October 16. The event is being held in parallel with the 10th Asia Business Summit (ABS) also in Hanoi on October 17. Both events are hosted by the Vietnam Chamber ...

Harnessing a digital future

With its vast potential of e-commerce development thanks to surging IT and wide smartphone coverage, Vietnam is trying to build its own digital economy fuelled by a hallmark strategy on Industry 4.0 that is expected to help the country improve its competitiveness, attract more high-quality ...

Thanh Dat

Vietnam’s Industry 4.0 Summit 2019 opens in Hanoi

The Vietnam’s Industry 4.0 Summit 2019 officially opened in Hanoi on October 3 as part of the activities to realise the Politburo’s Resolution No. 52-NQ/TW on actively participating in the Fourth Industrial Revolution to accelerate the national development. Under the theme of “Vietnam’s Strategy & Action ...

Vietnam speeds up digital conversion race

Vietnam has made concrete steps to seize opportunities from digital conversion, which has become the main development trend around the world thanks to great advantages in technologies and creativity.Over the past few years, Vietnamese living in big cities have gradually formed an online shopping habit. A ...

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