The Ministry of Information and Communications (MIC) and the Asian Development Bank (ADB) have signed a Memorandum of Understanding on cooperation in developing digital government, digital economy and digital society.

Online advertising, as the first choice of firms and brands amid the pandemic, is thriving in Vietnam and could reach the milestone of 1 billion USD in revenue this year.

Prime Minister Pham Minh Chinh has recently tasked the Ministry of Information and Communications (MIC) to finalize and submit a national strategy on developing digital economy and digital society this August.

In Vietnam, over half of businesses have turned to digital platforms to adapt to the new context amid the Covid-19 pandemic.

The next-generation social networks of Vietnam need to be products of the third internet wave, with a commitment to share benefits with users and develop together for users’ benefit.

A 10-member working group to promote digital economic development has been established by the Ministry of Information and Communications (MIC), led by Deputy Minister Nguyen Huy Dung.

A national database on population, which was launched on February 25, is a breakthrough in population management work in the country.

The fourth industrial revolution, digital transformation and the digital economy are mentioned many times in documents of the 13th Party Congress. 

The B2C E-commerce Index 2020 of Vietnam has climbed one rank over the last year, remaining among the top 10 developing and transition economies in the region.

In the past few years, Vietnam has achieved important milestones in the process of promoting the digital economy.

The development of Vietnam's digital economy will create new opportunities for Czech companies operating in this field in the Southeast Asian nation, particularly in cyber security or digital banking, according to Czech diplomat David Jarkulisch.

Vietnam’s digital economy is expected to reach $43 billion by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company.

Vietnam's digital economic outlook has been seeded on a fertile and potential land with a high rate of Internet usage and a developing technological infrastructure.

The Ministry of Natural Resources and Environment has changed from a passive to a proactive role in handling environmental issues over the last several years, 

Displaying local specialties on e-commerce platforms has proven to be the quickest way to increase the value of Vietnam’s farm produce and introduce it to international customers.

The Ministry of Information and Communications has determined that the cloud computing platform is a key part of telecommunications infrastructure to focus on in the coming years.

Pressure from high GDP target in 2021 is expected to help the Vietnamese government to create breakthroughs for growth in subsequent years.

The combination of livestreams and e-commerce could create an industry worth tens of billions of US dollars. This promises to be a very important element in the development of the digital economy.

The 17th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked off on Friday, highlighting booming digital economy cooperation and the implementation of a recently signed major trade pact.

Vietnam’s digital economy is expected to reach 14 billion USD in 2020, a year-on-year increase of 16 percent, and will likely reach 52 billion USD in 2025, re-accelerating to nearly 29 percent in compound annual growth rate.