Workshop spotlights digital transformation in Vietnam’s trade
A virtual workshop which revealed findings of a report on digital transformation in Vietnam’s trade sector for effective implementation of new generation free trade agreements (FTAs) was held on December 13.
CIEM Director Tran Thi Hong Minh speaks at the event (Photo: VNA)
Hanoi (VNA) – A virtual workshop which revealed findings of a report on digital transformation in Vietnam’s trade sector for effective implementation of new generation free trade agreements (FTAs) was held on December 13.
The event, organised by the Central Institute for Economic Management (CIEM), was part of activities within the framework of the “Macroeconomic Reforms/Green Growth Programme” implemented by German development cooperation agency (GIZ).
Uncertainties ꧂tri♐ggered by COVID-19 since last year have sped up digital transformation and digital economic partnership, CIEM Director Tran Thi Hong Minh said.
Seizing digital transformation trends and practices in commerce will foster innovation and resilience of Vietnamese businesses at large and trade activities in particular. Vietnam needs to exert efforts to fine-tune its policies in a bid to foster digital transformation in a fast and practical manner amid demand for effective implementation of new generation FTAs like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam FTA (EVFTA). The report analysed global trends and experience in digital transformation facilitating trade in the Republic of Korea, Switzerland, China, EU and Singapore. It reviewed legal framework, implementation and requirements to bolster the process in line with commitments stated in the FTAs, as well as development of some fields of innovation serving the work, namely digital infrastructure-telecommunication, fintech and logistics. Vietnam is advised to build an effective roadmap conducive for digital transformation in trade in the coming time, while ensuring cyber security and safety, and completing policies on competitive edge, tax regulations on e-commerce platforms and Intellectual property protection, among others./.
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The Ministry of Planning and Investment together with the US Agency for International Development (USAID) held a workshop entitled ‘Supporting Small and Medium Enterprises in Adapting to the New Normal’ on December 8.
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Digital transformation must serve all aspects of life, for the sake of Vietnamese people’s happiness and national prosperity, Prime Minister Pham Minh Chinh has affirmed.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
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ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
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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.
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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.
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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.
CIEM Director Tran Thi Hong Minh speaks at the event (Photo: VNA) 
