Priority must be given to digital transformation, green transition: Deputy PM
Vietnam needs to properly prioritise digital transformation and green transition, emphasised Deputy Prime Minister Tran Luu Quang at the Vietnam - Asia Digital Transformation (DX) Summit 2024 held in Hanoi on the afternoon of May 28.
Deputy Prime Minister Tran Luu Quang (front row, 3rd from left) at the Vietnam - Asia Digital Transformation (DX) Summit 2024 held in Hanoi on the afternoon of May 28. (Photo: VNA)
Hanoi (VNA) – Vietnam needs to properly prioritise digital transformation and green transition, emphasised Deputy Prime Minister Tran Luu Quang at the Vietnam - Asia Digital Transformation (DX) Summit 2024 held in Hanoi on the afternoon of May 28.
The Deputy Prime Minister stated that the process and economic development aimed at sustainable growth are inevitable global trends and the shortest path to a bright future for Vietnam.
He said Vietnamese people possess advantageous qualities such as intelligence, diligence, and a readiness to embrace new advancements, while the nation has policies and action programmes to proactively participate in the Fourth Industrial Revolution.
Quang also pointed out existing issues, such as the lack of mechanisms and policies to create a "runway" for technology enterprises to "take off." This field has yet to receive prioritised resources and be treated as a pioneering sector. In the global rankings, Vietnam stands at 150th out of 195 countries and territories in terms of leveraging green transition for socio-economic development.
He said that the country needs to prioritise investment in digital infrastructure, focus on technology workforce training, and ensure the availability of high-quality human resources. Additionally, there should be mechanisms to encourage startups to participate.
Vietnam should effectively exploit and utilise global technological achievements through international cooperation and expert connections to achieve digital and green transformation and develop a digital economy.
At this annual event, Minister of Information and Communications Nguyen Manh Hung highlighted the importance of core technologies like semiconductors. The ministry has completed the final draft of the national strategy for semiconductor development, he noted.
Truong Gia Binh, chairperson of the founding council of the Vietnam Software and IT Services Association (VINASA), said that green and digital transformation can only contribute to the development of the digital economy when there is sufficient human resources for these new fields.
The forum will continue through May 29, with six specialised workshops, an exhibition showcasing digital transformation solutions, and business networking activities between domestic and foreign companies./ꦕ.
The digital transformation forum offers a chance to share models of connection and cooperation between businesses and the government in creating and exploiting digital data, offering digital services to people and businesses.
A seminar on data connecting and sharing serving digital government and governance took place in Hanoi on May 25 as part of the Vietnam - Asia DX Summit 2023.
The Vietnam - Asia Digital Transformation Summit (Vietnam - Asia DX Summit) 2022 demonstrates an aspiration to work side by side with the Government, agencies, ministries, sectors, localities and businesses in digital transformation and digital economic development.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.
According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.
Vietnam’s demographic advantage, including a youthful population of 100 million in a “golden age”, further bolsters its ambitions. Its dynamic workforce, with a natural inclination toward science, technology, engineering, and math (STEM), is a key asset in attracting private investment to innovation-driven sectors.
