February 23, 2024

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Vietnam Develops Plans to Accelerate Digital Transformation

Prime Minister Pham Minh Chinh has called for fundamental and comprehensive reforms in digital transformation to enhance labour productivity and the competitiveness of both enterprises and the nation. These reforms are aimed at promoting the development of an independent and self-reliant economy that can integrate extensively and effectively with the global economy.

Chinh, who is also Chairman of the National Committee for Digital Transformation, said that digital transformation is a critical and ongoing task that must be implemented at all levels, sectors, and localities, with active participation from the entire population. However, there is a need to prioritise tasks efficiently to prevent redundancy and unnecessary expenditure.

At present, all enterprises have e-invoices while e-commerce revenue accounts for 7.5% of the total retail value. Up to 75% of households have broadband Internet access, 30.07% of small and medium-sized enterprises use digital platforms, and 85% of the population use smartphones. As of late February, over 177 million files were processed on the National Public Service Portal, over 8 million of which were in a digital format.

The Prime Minister highlighted that digital government is a crucial driving force that is leading the development of a digital economy, digital citizenship, and digital society. He emphasised that people and businesses should be at the centre of these digital efforts and that they should be provided with high-quality services.

Regarding future key tasks, he asked the National Committee for Digital Transformation and relevant steering committees of ministries, agencies, and localities to develop plans that focus on the theme of the National Year of Digital Data, with clear roadmaps, goals, and responsibilities for those involved.

The government intends to launch 53 key public services in line with Scheme 06 and the PM’s Decision 422/QD-TTg. It will connect online public services with the National Public Service Portal to save time and costs and mitigate corruption and fraud. Citizens are not required to submit residential status certificates while handling administrative procedures, the Minister stressed.

He also assigned specific tasks to the Ministry of Public Security, the Ministry of Information and Communications, the Ministry of Justice, the State Bank of Vietnam, the Ministry of Labour, Invalids and Social Affairs, and the Ministry of Natural Resources and Environment.

Last year, Vietnam ranked 63rd out of 113 global economies in a global ranking of digital environments and support systems for entrepreneurs, according to the Asian Development Bank (ADB). The Global Index of Digital Entrepreneurship Systems (GIDES) put Singapore in the first place, followed by the United States and Sweden. In Asia, Indonesia ranked 71st, India ranked 75th, and the Philippines ranked 79th. 17 of the 21 developing Asian economies included are ranked toward the bottom, underscoring the need for these economies to nurture digital entrepreneurship.

As OpenGov Asia reported, digital entrepreneurship helped economies stay afloat during the COVID-19 pandemic, and it has the potential to become a major engine of growth and innovation in the post-pandemic world. For this to happen, there needs to be a supportive environment enabled by conducive policies and incentives. While the environment for Asia’s digital entrepreneurs made substantial strides in the past couple of years, there’s still a lot of room for improvement.

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.

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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.

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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.

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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.

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