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Pandemic Makes 85% of Vietnamese Consumers More Likely to Use Digital Banking
Samaya Dharmaraj
November 30, 2021
Vietnam to be Fastest-Growing E-Commerce Market in Southeast Asia by 2026
Samaya Dharmaraj
November 29, 2021
The partnership comes at a time when Vietnam is restructuring its universities and research institutions, promoting the link between the academic sector and enterprises, encouraging private investment in innovation and attracting foreign enterprises to transfer technology.
The economic restructuring plan for the 2021-2025 period looks to develop national products based on new or high technologies and create a breakthrough in the competitiveness of key economic sectors.
The new e-invoice system is expected to help build the country's digital tax database and improve accuracy, security and conformity in tax management nationwide.
The Vietnamese Internet economy could reach US$220 billion in gross merchandise volume by 2030, ranking second in Southeast Asia after Indonesia.
Over 93% of electricity customers have shifted to cashless payment so far and Vietnam’s cashless payment market is expected to grow strongly in the next three to five years as mobile money and e-wallets gain popularity.
With a densely populated city like Hanoi, using modern technology in production will increase farmer incomes and solve the problems of land shortage, improve the living environment and reduce pollution.
The project, for the 2021-25 period, targets that the value of non-cash payments will be 25 times higher than the GDP, the proportion of the payment method in e-commerce will account for 50% by 2025.
The Vietnam National Institute of Culture and Art Studies (VICAS) officially launched an online platform that shares information on intangible cultural heritage for researchers, practitioners and policymakers.
Singapore OpenGov Leadership Forum 2018
OpenGov Conference – A Gathering of Top Minds in Digital Transformation.