People, community at heart of digital transformation: Deputy PM

People must be at the heart of digital transformation and serve as the driving force and ultimate purpose of sustainable development, Deputy Prime Minister Le Thanh Long said on November 20.

Deputy Prime Minister Le Thanh Long speaks at the opening ceremony of the 2024 World Internet Conference Wuzhen Summit in China’s Zhejiang province. (Photo: VNA)
Deputy Prime Minister Le Thanh Long speaks at the opening ceremony of the 2024 World Internet Conference Wuzhen Summit in China’s Zhejiang province. (Photo: VNA)

Beijing (VNA) – People must be at the heart of digital transformation and serve as the driving force and ultimate purpose of sustainable development, Deputy Prime Minister Le Thanh Long said on November 20.

Speaking to an audience of some 1,000 delegates from countries, regions and international organisations across the globe at the 2024 World Internet Conference Wuzhen Summit in China’s Zhejiang province, Long stressed that digital transformation is an inevitable trend, an objective requirement, a strategic choice, and a top priority for countries, towards rapid and sustainable development. Artificial intelligence, blockchain, Internet of Things, big data, and cloud computing are becoming crucial production tools. Strong digital transformation brings both opportunities and challenges to residents, he noted.

He called on countries and organisations to bolster close cooperation to build an Internet community of safety, responsibility and development while laying stress on Vietnam’s significant progress in the digital transformation programme until 2025 with a vision to 2030, focusing on the three pillars of digital government, digital economy and digital society.

Vietnam, he said, has carved out positive results in digital growth, ranking among the world's top 10 fastest-growing e-commerce markets, 74th among 193 countries in the E-Government Development Index, and 44th out of 133 in the Global Innovation Index this year.

The Deputy PM outlined Vietnam's key priorities for the new development phase, including perfecting institutional frameworks with special mechanisms for digital transformation, strengthening national digital infrastructure, developing high-quality human resources, promoting digital platforms for citizens and businesses, and building a healthy digital culture while preserving traditional values.

He expressed his confidence that China will continue promoting its important role in the global economy, particularly bolstering digital transformation and green transition, adding with joint international efforts, countries could build a peaceful, safe and prosperous digital future for humanity.

Themed “Embracing a People-Centered and AI-for-Good Digital Future - Building a Community with a Shared Future in Cyberspace”, the summit runs from November 19-22 and features 24 specialised forums addressing critical issues from digital education to AI governance.

On the same day, Long received Lu Dongliang, Chairman and President of China-ASEAN Information Harbor Ltd, during which he spotlighted the robust Vietnam – China friendship and comprehensive cooperation over the recent past. He stated that the Vietnamese Government creates favourable conditions for ministries, sectors and localities to enhance win-win collaboration with Guangxi enterprises, including China-ASEAN Information Harbor Ltd.

He suggested the firm step up discussions, share experience in the development of IT infrastructure as well as IT management with the Vietnamese sides, and bolster collaboration in digital economy with Vietnamese tech giants.

Lu, for his part, expressed his admiration for Vietnam’s digital transformation journey, saying he hopes to foster cooperation with the country in building a data exchange platform and digital workforce training.

The Vietnamese Deputy PM will have a meeting with Wang Hao, Secretary of the Party Committee and Governor of Zhejiang province on November 21./.

VNA

See more

Authorities inspect the procedures of vehicle operators transporting goods at the Huu Nghi International Border Gate (Lang Son province). (Photo: VNA)

Customs trade hits 1.05 billion USD on first day of new model

Realising the 12th Party Central Committee's Resolution 18 on streamlining the political system’s organisational structure, on March 15, the customs sector began operating under a three-tier model: the Department of Customs, regional customs offices, and border checkpoints. This reorganisation has reduced the number of units by 485, or 53.77%, from 902

Long Hau 1 Industrial Park in Can Giuoc district, Long An province. (Photo: VNA)

Industrial real estate expects a boost from policies, FDI

The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for real estate in 2025.

Construction site of Terminal 3 (Photo: VNA)

Vietnam Airlines, Vietjet Air flights to operate from Tan Son Nhat’s new terminal in May

Designed to handle 20 million passengers annually, Terminal T3 of the Tan Son Nhat International Airport includes four main components: the passenger terminal, a multi-story parking facility integrated with non-aviation services, the elevated road system at the terminal frontage, and aircraft aprons. The total investment for the terminal is nearly 11 trillion VND (431.2 million USD), with construction beginning in December 2022

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.

Minister of Industry and Trade Nguyen Hong Dien (L) and US Secretary of Energy Chris Wright in Washington D.C. on March 13. (Photo: VOV)

Vietnam, US look to strengthen comprehensive energy cooperation

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Deputy Prime Minister Nguyen Chi Dung speaks at the first meeting of the steering committee for the building of a project on the private economic sector's development in Hanoi on March 15. (Photo: VNA)

Private sector's development key to Vietnam’s economic growth

Currently, the private economic sector comprises over 6.1 million business establishments, including approximately 940,000 registered enterprises and over 5.2 million household businesses. The sector contributes around 50% of the country’s GDP, accounts for over 56% of total social investment, employs approximately 82% of the workforce, and generates around 30% of state budget revenue and more than 30% of total import-export turnover.