Digital transformation crucial to an independent, self-reliant economy: PM

Prime Minister Pham Minh Chinh on August 8 described digital transformation as an important tool for the building of an independent and self-reliant economy and the extensive and effective integration into the world.
Digital transformation crucial to an independent, self-reliant economy: PM ảnh 1PM Pham Minh Chinh speaks at the meeting of the National Committee on Digital Transformation in Hanoi on August 8. (Photo: VNA)
Hanoi (VNA) – Prime MinisterPham Minh Chinh on August 8 described digital transformation as an importanttool for the building of an independent and self-reliant economy and the extensiveand effective integration into the world.

He made the remark while chairing thethird meeting of the National Committee on Digital Transformation in Hanoi.

The Ministry of Information andCommunications reported that digital transformation was promoted strongly and reapedencouraging outcomes in the first half of 2022.

So far, 100% of the enterprises have usede-invoices, e-commerce revenue reached 11.27% of total retail sales (comparedto the target of 7%), 66% of the people aged 15 and above had payment accounts (1%higher than the target), 70.91% of the adults owned smartphones (compared tothe target of 85%), and 71.75% of all the households used broadband cable internet(compared to the target of 75%).

Digital infrastructure has continued tobe improved, with fixed and mobile broadband internet speeds respectivelyreaching 71.79 Mbps and 35.29 Mbps, up 32.7% and 4.7% year on year.

Besides, 35 national digitalplatforms have been developed, of which 31 have become operational and four ona trial basis. Ministries and sectors have also coordinated to build 50 otherplatforms, including 18 serving the formation of a digital government, 16 for adigital economy, and 16 for a digital society.

Digital transformation crucial to an independent, self-reliant economy: PM ảnh 2The third meeting of the National Committee on Digital Transformation in Hanoi on August 8. (Photo: VNA)
Breakthroughs have also been recordedin the digital economy, whose added value has made up about 10.41% ofGDP, according to the ministry.

However, certain difficulties andshortcomings still exist, including the shortages of capable personnel andfunding for the task and the lack of monitoring mechanisms.

PM Chinh, who is also head of thenational committee, said digital transformation needs constant reforms, a breakthroughmindset, a strategic vision, proactiveness, and creativity.

He underlined the importance of mobilisingevery resource for the work, especially through the public - private partnership,while ensuring harmonious interests among the State, people, and enterprises.

He asked ministers, heads of ministry-levelbodies and Government agencies, chairpersons of the provincial-level People’sCommittees, and the steering committees for digital transformation ofministries, sectors, and localities to drastically carry out the assigned tasksunder the national digital transformation programme, the national strategy for developingthe digital Government, and the national strategy for developing the digitaleconomy and society to meet the targets for 2022.

The Government leader also gave outduties to each ministry and sector while requesting businesses, particularlythose in the information, communications, and science - technology industries, toplay an active role in the national digital transformation process./.
VNA

See more

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam and French President Emmanuel Macron witness the exchange of cooperation documents and agreements between the two countries. (Photo: VNA)

Finance Ministry, AFD exchange 48.6 million USD financial cooperation deals

An AFD-funded project in Dien Bien province aims to improve the management and efficient use of water resources and strengthen water regulation between river basins, helping secure water supplies for production and daily life while improving resilience to drought, erosion, flooding and climate change.

The working session between Vietnamese Minister of Industry and Trade Le Manh Hung and Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission (photo: moit.gov.vn)

Vietnamese minister proposes EAEU open market to Vietnamese goods

Minister of Industry and Trade Le Manh Hung asked the EAEU to consider removing several obstacles to bilateral trade, with a focus on eliminating the threshold safeguard measure on Vietnamese textile and garment products and opening the Russian market further to Vietnamese fishery products.

Vice Chairman of the Hanoi People’s Committee hands over investment policy approval for Moscow House project in Hanoi to the Moscow authorities. (Photo published by VNA)

Hanoi, Russian localities step up cooperation in urban railways, technology

Secretary of the Hanoi Party Committee Tran Duc Thang and the delegation held talks with Moscow authorities to review implementation of the 2025-2027 cooperation programme and discuss key priorities for the new period, including urban transport, science and technology, digital transformation, trade and investment, and cultural exchanges.

Vietnamese Ambassador to Mexico Nguyen Van Hai (fourth from right) and others attend the seventh Veracruz International Energy Congress. (Photo: VNA)

Vietnam, Mexico strengthen energy, port cooperation

A number of Mexican state Veracruz businesses expressed their wish to organise a delegation to Vietnam to gain first-hand insights into the market, seek partners and explore investment and business opportunities, initially focusing on trade, energy, agriculture and tourism.

At the working session (Photo: VNA)

Can Tho, Guangxi seek collaboration in logistics, supply chains

Chinese investors now back 35 projects in Can Tho with registered capital of nearly 1.2 billion USD. In the first seven months of 2026, Can Tho’s exports to China hit 77.5 million USD, while imports stood at 64.7 million USD. Key exports included rice, seafood, farm produce, processed agricultural products and apparel while main imports comprised agricultural chemicals, veterinary medicines, fertilisers, chemicals, fabrics and other materials and inputs.

Vietnamese Minister of Finance Ngo Van Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, Russia move to boost financial cooperation

On bilateral economic, trade and investment ties, Tuan said two-way trade hit 3.24 billion USD in the first seven months of 2026, up 12% from a year earlier. Vietnam’s exports to Russia totaled 1.33 billion USD, while imports amounted to 1.91 billion USD.