If AI tools are applied on a large scale, the economic benefit would be VND1.89 trillion, or $79.3 billion, to Vietnamese businesses by 2030.

The ministry is speeding up the compilation of the Law on Digital Technology Industry, which aims to create a favourable environment for digital technology companies to make breakthroughs and expand their international reach.

The Ministry of Information and Communications (MIC) on August 12 held a working session with relevant ministries and agencies to collect feedback on the draft Law on Digital Technology Industry.

Many Vietnam busineses that want to sell products to China, with more than one billion consumers, need guidance on how to enter the market.

As the world is thirsty for high-quality human resources in digital technology, Vietnam wants to become a link in the global workforce supply chain for the field.

Foreigners are choosing Vietnam as a place to open offices and employ workers in their businesses. With a young labor young force at relatively low cost, Vietnam has become an attractive destination for technology startups and multinationals.

Vietnam is making important shifts from telecommunications infrastructure to digital infrastructure, from communications infrastructure to digital economy infrastructure, and from information technology to digital technology.

The update was given at the regular press conference organised by the Ministry of Information and Communications (MIC) on Monday.

Ten years ago, at Nha Toi Quan (My Home Restaurant), a restaurant in Hanoi, five IT engineers gathered together and talked about plans to set themselves up in business.

The Ministry of Information and Communications (MIC) and experts all agree that Vietnam’s digital technology firms have great opportunities and favorable conditions to go global.

Investment in the fields of high technology, services, industrial production and industries with modern technical content is increasing significantly.

Digital technology, the internet and social media are strong incentives to innovate journalism and the main source of revenue for journalism will come from cyberspace.

A video analysis platform satisfies supervision demand. Digital technology helps settle the problem of transport vehicles with excess weight.

The application of digital technology into the process of buying and selling goods is believed to become a "lifesaver" for Vietnamese businesses in the fight against smuggling, trade fraud, production and trading of counterfeit and substandard goods.

Once again, the news of Vietnamese university graduates unable to meet the requirements set by employers has been put into discussion amid efforts to find reasonable policies to improve higher education quality.

The blockchain industry has been increasing with two-digit growth rates over the last decade. Staff will be the key to the development of the digital economy.

Building and implementing the national program on heightening independence and self-reliance of Vietnam’s production by 2045 is an important policy at making the nation develop sustainably in the era of international integration.

Going abroad to compete, conquer, and increase revenues is now one priority of all Vietnamese telecoms, digital technology enterprises.

Many newspapers' earnings are on the decrease. Creating sources of revenue from digital platforms is expected to be the solution for Vietnam’s press.