February 28, 2024

We are creating some awesome events for you. Kindly bear with us.

Ha Long, Vietnam Formulates Plan to Boost Digital Payment Transactions

Ha Long, a city in Quang Ninh province, aims to have a 20%-25% average annual growth rate in the number and value of cashless payments by 2025. Officials recently held a teleconference discussing the implementation of a project for non-cash payment development for 2022-2025 across the city’s 33 communes and wards.

The project aims to bolster the growth of cashless payment in the local economy by making digital payment methods a habit of residents in urban areas. Gradually, it will develop the technology in rural areas and reduce social costs related to cash, a report has stated.

Ha Long plans to secure cashless payments, improve the banking system’s operational efficiency and state authorities’ supervision and management effectiveness, and use emerging technologies to develop a robust payment infrastructure system. By 2025, it expects that at least 90% of the residents aged 15 and above will have cashless transaction accounts. Up to 99% of contributions to the State budget and 100% of tuition fees at local schools and educational establishments are expected to be paid through digital methods.

Other sectors of the city’s economy are also implementing ways to pay for services electronically. In April, the Quang Ninh People’s Committee agreed to pilot a smart tourism model without cash at the Tuan Chau international tourism complex in Ha Long. Starting from May, the model will be piloted for 12 months.

In February, Ha Long put into use a smart application to promote digital transformation. The application is part of the city’s intelligent operations centre (IOC), and through it, people can send reports to authorities, access online public services, and use a map to find departmental headquarters, tourist attractions, hotels, schools, etc. It also provides information from local administrations and media outlets. Users can look up health stations and easily access COVID-19 treatment advice.

All public opinions submitted on the application will be sent to the IOC and then to the agencies in charge of the issues mentioned for settlement. Settlement results will also be publicised on the app so that people can check and assess state agencies’ performance. Authorities have noted that the app will help increase state agencies’ interaction with locals, thereby contributing to a civilised, modern, open, transparent, and friendly living environment in the city. More functions will be added to the app to further connect people.

The moves by Ha Long are part of Quang Ninh’s efforts to develop the digital economy and establish itself as a leader in comprehensive digital transformation at the provincial level. Among the targets for 2030, the province hopes the digital economy will account for about 30% of GDRP, and labour productivity will increase by over 13% annually.

Further, it aims to have all documents and papers at the district and communal levels handled digitally, 99% of the local adults to have e-payment accounts, and 90% of state agencies’ monitoring activities be conducted on information systems. It plans to host at least 500 digital businesses by 2030. Quang Ninh ranked fourth among the country’s 63 provinces and cities in the 2020 Digital Transformation Index rankings, following Da Nang city and the provinces of Thua Thien-Hue and Bac Ninh.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend