return icon Vietnamnet.vn

Data is resource for Vietnam's economic development

Deputy Minister of Information and Communications Pham Duc Long at the Vietnam Internet Day 2021 spoke on the topic "Recovery and breakthrough in the era of datafication".

 

Dữ liệu là tài nguyên để phát triển kinh tế Việt Nam
Deputy Prime Minister Vu Duc Dam speaks at the Vietnam Internet Day 2021. Photo: Trong Dat

The event, held in Hanoi on December 15 by the Vietnam Internet Association, revealed a panoramic, multi-dimensional picture of the development of the Internet in Vietnam.

According to Chairman of Vietnam Internet Association Vu Hoang Lien at the first Vietnam Internet Day held in 2012, Vietnam had only 30.8 million Internet users. After ten years, Vietnam's internet economy could reach 220 billion USD in Gross Merchandise Volume 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.

By June 2021, the number of Internet users in Vietnam was nearly 70 million.

Deputy Prime Minister Vu Duc Dam said the number of internet service providers in Vietnam now stands at more than 100 and is likely to increase in the time ahead. He called for joint efforts to create an environment and ecosystem where the potential of each individual and organization is used to accelerate Vietnam’s digital transformation.

Dữ liệu là tài nguyên để phát triển kinh tế Việt Nam
Deputy Minister of Information and Communications Pham Duc Long: Photo: Trong Dat

 

 

“We do not simply consider the user as a customer, but together we will create an ecosystem and environment to promote the full potential of each individual and organization for the digital transformation of Vietnam to develop in a positive and effective way,” said Mr. Dam.

Deputy Minister of Information and Communications Pham Duc Long stressed the need to change the mindset toward digital transformation, build data culture, develop digital infrastructure, protect basic moral values and ensure cybersecurity and safety.

Under a draft scheme on information and communication infrastructure during the 2021-2030 period, with a vision towards 2050, the Ministry of Information and Communications aims to develop national data infrastructure, and form a system of international, national, regional and local data centers that are connected with each other, thus turning Vietnam into a regional and international center for data storage and processing.

The ministry is working on a national data strategy expected to be approved, issued and rolled out next year, he said, urging the business community to join hands in developing digital infrastructure, especially data infrastructure.

The Ministry of Information and Communications aims to have 65,000 digital enterprises accompany 1 million Vietnamese enterprises to form 1 million digital enterprises so that Vietnam can develop a digital economy and catch up with the 4th Industrial Revolution.

Trong Dat

Data defined as new resource for economic and social development

Data defined as new resource for economic and social development

Most recently, Vietnam's e-government development strategy towards digital government for the period 2021-2025 with a vision to 2030 has clearly identified that data is a new type of resource.

 

MORE NEWS

VIETNAM BUSINESS NEWS MAY 16

Big customers to buy electricity directly from generators

Market cap of 10 State-owned firms expected at US$5 billion each by 2025

The Government has set a target that at least 25 State-owned enterprises will have a market capitalization of over US$1 billion each by 2025, including a minimum of ten firms with a market cap of over US$5 billion each.

VIETNAM NEWS HEADLINES MAY 16

European Film Festival in Vietnam to take place in four localities

31ST SEA GAMES: UPDATES MAY 16

Five golds for Vietnam in SEA Games 31’s athletics

Microplastic pollution found in Da Nang air

Microplastic pollution in the air in both inner and suburban areas of the central city of Da Nang has become serious. Microplastics can go directly into the lungs during daily activities.

State Securities Commission prioritises stabilising solutions for stock market

The State Securities Commission (SSC) is closely monitoring the developments of the economic - political situation, assessing the influence on Viet...

Local aviation market sees strong recovery

The aviation market in Vietnam is vibrant and recovering with the number of international visitors increasing five-fold, according to experts.

Vietnamese PM receives leaders of US companies in New York

Prime Minister Pham Minh Chinh received executives of Warburg Pincus and Glenfarne Group in New York on May 15, part of his working visit to the US and the UN.

Digital transformation: action and breakthrough results

During the time supply chains were disrupted because of the Covid-19 pandemic, Vietnam's wood and furniture industry still maintained its market share and even surpassed rivals to become the largest wood exporter to the US.

Keeping CPI below 4 pct this year a challenge for VN: Economist

It will be a challenge to keep Consumer Price Index (CPI) growth under 4 percent this year, according to an economist.

Vietnam currently tops SEA Games 31 medal tally

Vietnam is standing atop the SEA Games 31 medal tally with 68 golds, leaving second-placed Thailand far behind.

Five bodybuilding gold medals for Vietnam at SEA Games 31

Vietnam reaped a total of five gold medals among the 10 bodybuilding categories at the ongoing 31st Southeast Asian Games (SEA Games 31) after competitions of this sport wrapped up on May 15.

Hanoi should learn lessons from the past in urban planning

Hanoi has announced the master plan for the Red River urban area, with a scale of 1/5000.

Mechanical engineering companies fail to conquer US$300 billion home market

The Vietnamese mechanical engineering product market is estimated to have huge value of $300 billion, but local companies have only a small market share.

Tightening control over ETC service providers

The Ministry of Transport has failed to ensure the progress of the application of the nonstop electronic toll collection (ETC) service as required by the Government and is hurriedly boosting attaching ETC tags on vehicles.
back_to_top