Digital transformation saw a remarkable progress last year, with awareness of this regard among State agencies, businesses and people significantly improving, according to Deputy Minister of Information and Telecommunications Nguyen Huy Dung.
Vietnam remains an attractive destination for foreign investors, including those from Singapore, thanks to the Government’s concerted efforts and measures to improve business climate and the expansion of free trade agreements, according to Singaporean Ambassador to Vietnam Jaya Ratnam.
Indonesia’s ongoing transformations, including the switch to value-added economic activities, green energy development, and the digital economy, must continue despite the adverse impacts of COVID-19, Indonesian President Joko Widodo has said.
The Fourth Industrial Revolution is taking place around the world with a boom in digital technology, creating great opportunities for but also challenges to the development of each country, enterprise, and person.
The Vietnam Chamber of Commerce and Industry (VCCI) and Facebook Group (now Meta) held a webinar on December 22 to discuss improving competitiveness of agro-fishery firms in Can Tho’s digital economy.
Singapore and the UK have basically concluded negotiations on the UK-Singapore Digital Economy Agreement (UKSDEA), which began in June this year, according to the Singaporean Ministry of Trade and Industry.
The 8th Vietnam Corporate Sustainability Forum (VCSF) took place in Hanoi on December 9, with a focus on working towards a decade of sustainable development so that no one is left behind.
The northern province of Bac Giang will adopt a series of solutions to accelerate the implementation of digital transformation, develop the digital economy and society in the locality in the future.
Once operational, the Vietnam National Pavillion on Chinese e-commerce platform JD.com will help Vietnamese products to be distributed directly to consumers in the importing countries, said an official.
Bac Giang city in the northern province of the same name will mobilise all resources to develop in the direction of green and smart urban area, Chairman of the municipal People’s Committee Dang Dinh Hoan has said.
Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.
The Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) on November 26 announced an e-commerce week and the Vietnam Online Shopping Day – Online Friday 2021.
The Vietnamese internet economy could reach 220 billion USD in Gross Merchandise Volume (GMV) by 2030, ranking second in Southeast Asia after Indonesia, according to the e-Conomy SEA 2021 Report recently published by Temasek, Google and management consulting firm Bain & Company.
Malaysia and the US have agreed to enhance cooperation in various fields, including cybersecurity, digital economy and technology transfer as well as potential collaboration between entities from the two countries.
The average cash transaction has seen a significant decline compared to before COVID-19 broke out, and the figure is expected to drop in the incoming time, according to a recent report by Visa.
Vietnam’s digital economy is forecast to grow by 31 percent to 21 billion USD this year thanks to a 53 percent expansion in e-commerce, according to a report by Google, Temasek and Bain & Company.
The national plan for e-commerce development in the 2021-2025 period aims to turn e-commerce into one of the pioneering area of the digital economy, helping enhance the competitiveness of businesses and promoting the growth of both domestic market and export, according to Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan.
The Vietnamese digital economy will grow by 31 percent this year, reaching 21 billion USD, Temasek, Google and management consulting firm Bain & Company have announced in a recent joint report.
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