The Ministry of Information and Communications hosted the first Vietnam Open Summit, themed “Promoting national digital transformation”, in Hanoi on November 18 in both the face-to-face and video conferencing forms.

Mr. Nguyen Huy Dung, Director of the Authority of Information Technology Application, has been appointed as Deputy Minister of Information and Communications.

The Vietnam Venture Summit 2020, the second event of its kind, is set to take place in Hanoi on November 25 and will provide a dialogue platform between the Vietnamese Government and a number of major international venture funds.

With all ministries and branches now having local government service platforms (LGSP) that connect to the national platform, data will be accessible by state agencies for reasonable use.

Experts believe that EVFTA will be an opportunity for Vietnam to speed up digital transformation, but say Vietnam needs to change its mindset.

Prime Minister Nguyen Xuan Phuc said that the country must be stable to develop, and the most important driving force for development is to use technology, especially digital technology.

The digital transformation level of ministries and provinces will be measured by a digital transformation index. The information portal at dti.gov.vn will be launched to implement this online.

FPT Chairman Truong Gia Binh emphasized that digital transformation has become a vital issue. Of 10 leaders, nine are ready for digital transformation.

The launching ceremony of the akaBot platform – corporate process automation - was held by the Ministry of Information and Communications in Hanoi on Friday.

The role of women and gender equality-related issues will be discussed comprehensively for the first time at the ASEAN Women Leaders’ Summit held online on November 12, 

Saving billions of dong in printing documents and time for students to queue up for school admission are some of the benefits for schools starting digital transformation efforts.

Members of a cooperative in a commune in Bac Kan, after using digital technology to advertise products, have seen incomes increase from VND1-1.5 million to VND3.5 million a month.

Google expansion in most aspects has motivated the digital transformation in Vietnam, inspiring developers and regulators alike to take a slice from the huge funds flowing out of the country and into the wallet of the tech giant.

Ensuring cybersecurity is considered a key factor for a successful and sustainable digital transformation, and at the same time, an inseparable part of digital transformation, 

Accelerating the digital transformation process is considered to be an important premise for Vietnam to realize the opportunities brought by the industrial revolution 4.0.

Vietnam is taking a number of actions to accelerate digital transformation to adapt to the global health crisis and to develop in the new normal.

With great advantages and potential, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to spur the digital economy and digital transformation in Vietnam.

The nation’s digital economy hit US$12 billion in 2019, with the sector anticipated to record rapid growth in the coming years to reach a figure of US$43 billion by 2025.

Experts believe that the impact of Covid-19 will last at least 12-16 months more. Only 14 percent of companies, the most agile and flexible, can become the ‘winners’, according to Arnaud Ginolin, CEO of BCG.

Singaporean media outlet the Business Times has published an article detailing how the digital transformation efforts in Vietnam have yielded the biggest improvement in comparison to other economies in the region.