Per the national strategy for developing a digital economy and digital society by 2025, Vietnam will develop payment systems, propose mechanisms and create policies on issues related to a national digital currency.
To boost digitisation in agriculture, the provincial Farmers’ Union wants 4,000 businesses in the field of agro-forestry-fishery production, processing, and trading to offer their products online by the end of this year.
The two sides will share initiatives and effective methods in digital transformation and hold conferences to connect firms from either side, encouraging them to carry out digital transformation projects together.
Global e-commerce is estimated to grow by 28.4% annually between 2020 and 2027. Meanwhile, revenue from business-to-consumer e-commerce in Vietnam is expected to increase by over 20% each year.
It will be hard for civil servants to handle tasks on schedule if they use traditional methods so applying an information system is an urgent need.
Nearly 80% of the population in Vietnam are digital consumers with 58% using digital banking solutions. About 7 out of 10 consumers used cryptocurrencies, augmented reality, virtual reality and NFTs this year.
The scope of the law now includes e-signatures, e-certificates, the conversion between paper-based documentation and data messages, legally recognises electronic transactions and includes new cybersecurity and data security regulations.
The chip-based ID cards and facial recognition technology will be essential in the mission to reduce the use of forged papers and overloading at check-in counters at airports. It will also make travel more convenient for passengers overall.
Singapore OpenGov Leadership Forum 2018
OpenGov Conference – A Gathering of Top Minds in Digital Transformation.