Vietnam plans to become leading digital economy in ASEAN by 2030

Vietnam will become a leading digital country and economy in the ASEAN region by 2030 and allow testing of new technologies in the digital economy.
Vietnam plans to become leading digital economy in ASEAN by 2030 ảnh 1Vietnam will become the leading digital country and economy in the ASEAN region by 2030 (Photo: cafebiz.vn)
Hanoi (VNS/VNA) - Vietnam will become a leading digital country and economy in theASEAN region by 2030 and allow testing of new technologies in the digitaleconomy.

This is one of theproposals in a draft project on national digital transformation by theAuthority of Information Technology Application (AITA) under the Ministry ofInformation and Communications (MIC).

The ministry assignedAITA to develop the project and submit it for approval in November. The projectaims to realise orientations and policies of the Government to develop theeconomy based on digital technologies.

Speaking at aconference to review MIC’s activities in the first half of the year this week,Nguyen Thanh Phuc, AITA’s director, said in the draft all people would be ableto participate in the digital economy.

Phuc said the maintargets would include improving competitiveness of the economy, with an averagegrowth rate of the digital economy reaching 20 percent a year and labourproductivity growth of 7 to 10 percent by 2030.

The project alsoaims for Vietnam to be in the global top 20 and ASEAN top three in terms of theglobal competitiveness index, as well as building a transparent and effectiveGovernment to be in the world’s top 50 in terms of e-government.

In addition, theproject plans to have everyone using mobile payment services by 2030.

“Electronicidentification will be widely recognised and used by the State to promote notonly transactions between people and Governmental agencies but also othertransactions in the digital economy,” Phuc said.

The draft expects allVietnamese people to be equipped with skills to be safe in cyberspace. ICThuman resource must meet the country’s development requirements in its digitaltransformation.

AITA proposed thatthe digital transformation roadmap in Vietnam would be implemented in threeperiods. Accordingly, the country would digitalise industrial sectors andimplement digital transformation of the economy, society and State agencies in2020-2022.

It would focus ondigital transformation to improve labour productivity, creating new growthmomentum and competitiveness in 2023-25. Vietnam would move towards thedevelopment of a comprehensive digital economy and society in the last periodof 2026 to 2030.

AITA said Vietnam hadpaid attention to the application and development of ICT. However, digitaltransformation had been ignored, thus breakthroughs in terms of models,production processes and products based on data and digital technologies hadbeen lacking.

“For a successfuldigital transformation, all social components need investment, especially inresolving current shortcomings,” he added.

Network security

The Ministry ofInformation and Communications clarified that Vietnam needed to develop a safenetwork security ecosystem. Of which, there would be 100 strong networksecurity businesses in the next two years while 50 network security productsand services by Vietnamese firms would be widely used. The number of specialistsin the sector would reach some 1,000 people and bring the market to 1-2 billionUSD by 2020.

Nguyen Huy Dung,director of the ministry’s Authority of Information Security (AIS) saidalthough Vietnam had a modest position in the world’s network security map, thecountry still had opportunities to develop.

To realise thetarget, Vietnam's network security products and services must be widely usedaround the world. There should be reputable Vietnamese experts working in theworld's leading corporations on network security. Security experts shouldreturn to Vietnam to start a business, Dung said.

“We expect a widelocal market for the development of strong network security companies as wellas a safe and trusted cyberspace,” he added.

Each organisation andbusiness should use at least 10 percent of their total spending on IT to ensurenetwork security. They should prioritise local products and services.

Statistics from theministry show that the network security sector has seen strongdevelopment. In the first half of the year, there were 20 firms grantedbusiness registration on trading of network security products and services.-VNS/VNA
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