Malaysia announces strategy to advance digital economy

The Malaysia Digital Economy Corporation (MDEC) on July 19 announced its Digital Investments Future5 (DIF5) Strategy, a plan focusing on five key thrusts aimed at attracting investments and advancing Malaysia’s digital economy in line with the Malaysia Digital Economy Blueprint (MyDIGITAL).

Monday, July 19, 2021 18:21

Kuala Lumpur (VNA) - The Malaysia Digital EconomyCorporation (MDEC) on July 19 announced its Digital Investments Future5 (DIF5)Strategy, a plan focusing on five key thrusts aimed at attracting investmentsand advancing Malaysia’s digital economy in line with the Malaysia DigitalEconomy Blueprint (MyDIGITAL).

In a statement, it the DIF5 Strategy’s targets by 2025include 50 billion RM investments in the digital economy; attracting 50Fortune500 tech companies to land and expand in Malaysia; the establishment offive Unicorns; and the creation of 50,000 high-value jobs in MSC Malaysia.

It also targets to focus on five key industry sectors, fivefocused technologies, five emerging technologies and digital global businessservices. The five industry sectors that have been identified as key driversare Agtech, Healthtech, Islamic Digital Economy and Fintech, Cleantech andEdutech.

Attracting and driving investments in five focusedtechnologies are important to facilitate the growth of these sectors, namelycloud computing, data centrer, artificial intelligence, cybersecurity anddigital content tools.

The DIF5 Strategy will also be focusing on five key emergingtechnologies namely blockchain, dronetech, edge computing, extended reality andadvanced robotics to drive innovation and ensure Malaysia will be at theforefront of a rapid evolution of digital technologies and development of afuture-ready digital economy./.

VNA

#Malaysia Digital Economy Corporation #MDEC #Digital Investments Future5 Strategy #DIF5 #MyDIGITAL #malaysia #vietnam news agency #vietnamplus Malaysia

See more

Foreign tourists visit Wat Pho Pagoda in Bangkok, Thailand. (Photo: Xinhua/VNA)

Thailand upgrꦜaded to Level 1 in US travelꦯ advisory

22/06/2025 22:03

The announcement places Thailand in the safest category, alongside destinations such as Japan, Australia, Canada, and Singapore.

In his article, Oscar Sanchez Serra highlights President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press. (Photo: VNA)

10ꦍ0 years of Vietnam’s revolutionary press: President Ho Chi Minh's far-sighted vision

22/06/2025 18:39

In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.

Participants at the high-level open debate of the UN Security Council (UNSC) on “Poverty, Underdevelopment, and Conflict: Implications for the Maintenance of International Peace and Security” in New York on June 20, 2025. (Photo: VNA)

Sustainable development plays vital role in 🌱maint💫aining int’l peace, security: Vietnamese official

22/06/2025 18:07

Vietnam stands ready to work with partners toward a more comprehensive, effective, and sustainable peace and security agenda of the UN.

Malaysian police and servicemen in an excercise. (Photo: Bernama)

Malaysia: 500 security personnel to be deployed for ꦓASEAN meetings

22/06/2025 17:46

Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.

🗹Thailand intensifies nationwide cr🐼ackdown on cross-border syndicates

22/06/2025 16:01

Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.

Coordinating Minister for Economic Affairs Airlangga Hartarto answers questions from journalists on the sidelines of his official duties accompanying President Prabowo Subianto in St. Petersburg, Russia, on June 20. (Photo: ANTARA)

Indonesia con𝓡cludes FTA talks with Eurasian Economic Union

22/06/2025 06:20

Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.

The editorial published in the June 20 edition of Pasaxon. (Photo: VNA)

Lao newspaper highlights President H🅷o Chi Minh’s views on combative nature of revolutionary press

21/06/2025 20:01

The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.

Illustrative image (Photo: Bangkok Post)

Thailand co🍃ntinues trade talks with US despite political turmoil

21/06/2025 18:31

Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.

Malaysia's Petronas Twin Towers (Photo: AFP)

Malaysia plans sales, service tax hikes

21/06/2025 06:27

The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.

Bangkok's race would take place in a circuit near to Chatuchak Park. (Photo: Getty Images)

Thailand m𝐆oꦉves forward with bid to host F1 from 2028–2032

21/06/2025 04:35

The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.

The fifth Laos–Thailand Friendship Bridge was completed by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China. (Photo: VNA)

Bolikhamxay attracts Vietnamese investmen𝐆t 🐻in agriculture

21/06/2025 02:12

Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.

Dr Archina with students of SMK Methodist ACS Klang. (Photo: malaymail.com)

Malaysia explores solar-powered 𓃲robot to support sustainable aquac🍒ulture

21/06/2025 00:08

AquaRover is designed to help farmers monitor water quality, automate surface cleaning, and reduce dependence on manual labor.

Philippines seizes 175 million USD meth haul

20/06/2025 22:25

Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.

The exhibition stall of Vietnam News Agency at the National Press Festival 2025. (Photo: VNA)

Cuban journalist pr🐽aises revolutionary press’s role in Vieܫtnamese history

20/06/2025 20:47

In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.

Permanent Secretary of the Thai Ministry of Commerce, Vuttikrai Leewiraphan. (Photo: thainews.prd.go.th)

Thailand engages USꦍTR on f🐬ive-point trade proposal

20/06/2025 17:40

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.

Thai silk designs (Photo: Celebration of Silk)

Thai Silk Road to ⭕the World returns with global fashion showcase

20/06/2025 16:05

Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.

Prensa Latina's article on Vietnam’s assurance of smooth and effective transition to a leaner structure. (Photo: VNA)

Vietnam’s major administrative overhaul captures Latin America media’♍s attention

20/06/2025 14:26

Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.