January 16, 2021

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

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

Vietnam Digital Transformation Day 2020 commences

The Vietnam Digital Transformation Day (DX Day 2020) event, themed “National Digital Transformation: Sharing and Connectivity”, opened in Hanoi on 14 December.

The event was co-hosted by the Vietnam Software and IT Services Association (VINASA), the Ministry of Information and Communications’ Authority of Information Technology Application, and the Hanoi Promotion Agency.

At the event, domestic and foreign speakers shared their experiences and difficulties in digital transformation in several nations. On the occasion, VINASA held a ceremony to announce and honour the top ten most outstanding Vietnamese information technology firms of the year.  The organisers said they received over 170 applications from 100 enterprises, which went through three rounds of judgement by industry experts and government officials before the finalists were selected.

The awards cover various categories such as software export, business process outsourcing, financial technology, e-government solution provision, digital content, IoT, digital transformation platforms, digital infrastructure, security, digital transformation services and solutions, digital marketing, smart city solutions, IT services and solutions, IT training, and start-up businesses.

According to a press release, their products will assist domestic firms in digital transformation and create an ecosystem to push forward the process in the country. Politburo member Nguyen Thien Nhan noted that the ICT sector now contributes to 14.3% of the country’s gross domestic product (GDP), becoming key in the economy.

To raise its productivity ten-fold, he highlighted a need to digitalise databases, develop digital infrastructure, build high-tech parks, and especially build a contingent of qualified human resources in the field.

According to VINASA statistics, the total revenue of the top ten ICT companies surpassed VND 1.9 trillion (US$ 82.6 million) last year, accounting for over 76% of the sector’s total. Their software export earnings topped 4.9 trillion VND, making up nearly 24% of the combined.

The special publication featuring the top ten Vietnamese ICT companies in English, Japanese, and Vietnamese languages will be introduced to over 2,000 domestic agencies and units, more than 10,000 partners from around 100 economies worldwide, and trade promotion events in the US, Japan, Europe, the Republic of Korea, and Australia.

Following the National Digital Transformation Programme through 2025 and orientations towards 2030, the country has been pushing for the digitalisation of several sectors of the economy. Firstly, it plans to get Vietnam to rank in the top 70 and 50 countries in the E-Government Development Index (EGDI) by 2025 and 2030, respectively. Secondly, it expects to rank among the top 40 and top 30 in the Global Competitiveness Index (GCI) by 2025 and 2030, respectively. Lastly, it aims to rank among the top 35 and 30 countries in the Global Innovation Index (GII) by 2025 and 2030, respectively.

The government aims to have as many level-4 online public services as possible. Ministerial and provincial-level work dossiers must be processed online, and inspections should be carried out online as well. Further, all reports and statistic indicators will be digitally connected.

By 2025, the country plans to have fibre optic Internet infrastructure that covers more than 80% of households and 100% of communes. Also, over half of the population should have digital checking accounts, the figure is expected to be more than 80% in 2030. By 2030, fibre optic Internet should be available nationwide, along with 5G networks and services.