Deputy PM urges thinking outside box to accelerate digital transition
Deputy Prime Minister Vu Duc Dam has called for stronger efforts from the domestic IT enterprise community to promote digital transformation in Vietnams.
Deputy Prime Minister Vu Duc Dam speaks at the summit (Source: VNA)
Hanoi (VNA) - Deputy Prime Minister Vu Duc Dam has called for strongerefforts from the domestic IT enterprise community to promote digitaltransformation in Vietnams.
In his speech at the Vietnam ICT Summit 2019 themed “Digital transformation for a prosperous Vietnam” in Hanoi on August 8, Deputy PM Dam stressed the importance to createbreakthroughs and think out of the box in order to fully tap opportunities forthe process.
Heaffirmed that the summit offers a good chance for IT firms and relevantagencies to set big and overall targets and specific and practical actions to bolsterdigitalisation.
According to Minister of Information and Communications Nguyen Manh Hung, inthe digital transformation process, Vietnam will focus on developing four typesof businesses, including those with great financial capacity, market and humanresources, experienced businesses and technology and innovation start-up enterprises.
Under the country’s national digital transformation scheme, Vietnam aims to becomeone of the top four in ASEAN and the top 40 of the world in termsof the global competitiveness index.
To accelerate the process, IT firms need to start building digitalplatforms to connect organisations, enterprises, and households.
TheVietnam ICT Summit 2019 witnessed the formation of the Vietnam DigitalTransformation Alliance with the participation of eight leading technologicalfirms in Vietnam, which will invest in developing infrastructure and digitaltransformation platforms.
The alliance is expected to be joined by more enterprises in the coming time.
Vietnam ICT Summit 2019 was jointly organised by the Ministry of Informationand Communications and the Vietnam Software & IT Services Association (VINASA).
In the framework of the summit, an exhibition featuring solutions todigital transformation and activities to connect enterprises operating in thefield were arranged.-VNA
Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
A national plan is scheduled to be issued this year so as to serve as a basis to engage state agencies, businesses and individuals in digital transformation – a leading factor in growth facilitation and digital economy development.
The Vietnam Digital Transformation Alliance was launched by the Vietnam Software & IT Services (VINASA) within the framework of the Vietnam ICT Summit 2019 in Hanoi on August 8.
Three Vietnamese engineers have won Gold Award at The Global AI Challenge for Building E&M Facilities 2025, held in the Hong Kong Special Administrative Region (China).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
Deputy Prime Minister Vu Duc Dam speaks at the summit (Source: VNA) 
