Illustrative image. (Photo: baodautu.vn) Hanoi (VNA) - Digitaltransformation is an opportunity for Vietnam to become a developed country.However, many challenges remain to ensure a rapid, smart and green digitaltransformation, experts have said.
According to the 7th editionof e-Conomy SEA report by Google, Temasek and Bain, Vietnam's digital economyreached a value of 23 billion USD in 2022 and is on track to hit 49 billion USD by2025 - the fastest in Southeast Asia.
Data from the Ministry ofInformation and Communications showed that the revenue of Vietnam’s informationand communications technology (ICT) industry reached 148 billion USDlast year, accounting for 14.26% of the country’s gross domestic product (GDP).
To achieve the goal of the digital economy making up 20% of Vietnam’s GDP, it is necessary for thecountry to maintain an annual digital economic growth of about 20%, more thanthree times higher than the projected GDP growth.
Lessons learned fromdeveloped countries will be valuable suggestions for Vietnam to achieve thisgoal, insiders said.
According to Denis Brunetti,President of Ericsson Vietnam, Myanmar, Cambodia and Laos, 5G technology willenable industries to accelerate digital transformation and reduce energyrequirements, as well as carbon emissions.
Ericsson will continue to share its experience with customers in Vietnam,helping to ensure successful coverage and capacity deployment, he was quoted by Dau tu (Vietnam Investment Review) newspaper as saying, addingthat the focus will be on the stable network, simplicity and security.
A representative of theEuropean Chamber of Commerce in Vietnam (EuroCham) said that an importantlesson from their experience in the EU is to harmonise data protectionstandards to minimise negative impacts and buildpublic and business trust
Meanwhile, David Liden, TradeCommissioner of Sweden in Vietnam, said that since 2000, his country has issuedthe Electronic Signatures Act, which is helpful in signing, storing and tracingimportant documents such as employment or service contracts.
This action has helped reduceemissions from physical movement, paper and the energy used for storage, hewent on.
For Vietnam, Vietnamese ICTbusinesses expect the Government and ministries and sectors to quickly complete a legal system in line with the requirements of international integration anddigital economy development, as well as with international standards.
It is necessary for theNational Assembly to consider promulgating the revised Law on ElectronicTransactions with appropriate regulations and mechanisms to regulate theactivities of organisations, individuals and businesses which are compatible with thedigital economy, they said.
Small- and medium-sizedenterprises, which play a vital role in the digital transformation process,should be encouraged to invest in the digital economy.
The formulation and implementationof a project on the digital transformation of State-owned enterprises by 2025, with an orientation to 2030 are also a must, they added./.
