Topic: Ministry of Information and Communications

September revenue up 17%.

Vietnam ranks third in Asia in exporting chips to the US.

The Ministry of Information and Communications has said that the number of small and medium-sized enterprises (SMEs) accessing and using the digital transformation support program SMEdx is on the rise. More than 490,000 SMEs have approached “Make in Vietnam” digital platforms selected by the program. As of September, the number of businesses using such platforms stood at more than 62,000, an increase of 20-fold compared to March.

The Digital Transformation Index (DTI 2021) report, released by the Ministry of Information and Communications (MoIC) on August 8, states that the digital government, the digital economy, and the digital society - pillars of DTI 2021 - have increased compared to 2020, but only 12 of the 89 ministries and provinces participating in the assessment had a DTI 2021 value of 0.5 or higher, or just 13.48 per cent, revealing that digital transformation remains in its initial stages.

According to the Ministry of Information and Communications, Vietnam’s open data on the national data portal is only one-tenth of Australia’s and 32.8-times worse than in the US. More effort is therefore needed to reach the goal of being in the 50 leading countries in the open data index by 2025.

According to the Ministry of Information and Communications, more than 318,000 small and medium-sized enterprises (SMEs) in the digital economy participated in the SMEdx digital transformation program in the first half of 2022, an increase of 760 per cent compared to last year.

According to the Ministry of Information and Communications, more than 3,400 new digital technology enterprises appeared in Vietnam in the first half of 2022, bringing the total number to 67,300, or 0.69 enterprises per 1,000 people. Vietnam has set a target that, by 2030, there will be 100,000 such enterprises, attracting $30 billion in FDI and contributing 6-6.5 per cent of GDP.

A Draft Law on Electronic Transactions is receiving consultation from the Ministry of Information and Communications (MoIC) for finalization and submission to the government. The Draft was discussed by experts at a seminar organized by the Vietnam Chamber of Commerce and Industry (VCCI) and MoIC on July 14.

A set of measurement tools for the digital economy, issued recently by the Ministry of Information and Communications (MoIC), includes 23 indicators that will be assessed at three levels: national, ministerial, and sectoral and provincial. There are six indicators at the national level, three at the ministerial level, and 14 at the sectoral and provincial level. The Ministry has also provided a list and codes for occupations in the digital economy.

The orientation of the government and the Ministry of Information and Communications on digital transformation this year is to encourage people and businesses to use local digital platforms and to help them enjoy the benefits of the process.