Vietnam's leadership has unveiled a comprehensive digital roadmap for this year, prioritizing digital economic growth, expanded public services, and robust digital infrastructure. The plan emphasizes practical, outcome-driven transformation with clear accountability for government agencies.
On May 20, at a meeting with the Speaker of the Singaporean Parliament Tan Chuan-Jin, who is visiting Vietnam, Prime Minister Pham Minh Chinh emphasized that the country has long been one of Vietnam’s leading partners in the region and largest investor in ASEAN. He asked that it share its experience in digital transformation and continue to support Vietnam in human resources training, especially for high-quality management staff.
Under a breakthrough scenario, Vietnam’s digital economy in 2025 could account for 26.2 per cent of GDP, far exceeding the target of 20 per cent. Three solutions for a breakthrough in the digital economy include introducing national strategies and programs, completing the legal framework, mechanisms, and policies, and accelerating the implementation of the national digital transformation program.
The Vietnam Software and IT Services Association (VINASA) will announce its Digital Transformation Framework for Small and Medium-sized Enterprises (SMEs) and Manufacturing Businesses at the Vietnam DX Summit 2021 on November 30. The Framework consists of 26 documents in 26 sectors in the three fields of trade, services, and small-scale manufacturing.
The pandemic created unprecedented difficulties for small and medium-sized enterprises (SMEs) around Vietnam but also encouraged them to move forward with implementing digital transformation. This now represents an opportunity for businesses to progress further, experts and business insiders told the recent “Post-crisis innovation - Breakthrough opportunities for SMEs” online discussion.
Social distancing was a boon for online purchasing, with customers increasingly turning towards cashless payments. This is an opportunity for banks to break through in digitalization during the “new normal”.
Digital transformation is necessary to help businesses get through the current situation and avoid going backwards. But businesses must be fully prepared and take into account the risks, not just follow the trend.
The customs development strategy to 2030 identifies building a smart customs model, applying scientific advances, and gradually modernizing the customs sector to provide convenience to businesses.