Digitalisation – effective solution to recover economy: seminar

Digital economy is a trend pursued by countries worldwide amid the COVID-19 pandemic. (Photo: baochinhphu.vn)

Hanoi (VNA) – Digital economy,including digital finance and digital banking, will be an effective solution torecover the economy of the world and Vietnam in particular, heard a seminarheld by the National Assembly’s Foreign Affairs Committee on September 28.

In his remarks, Nguyen Manh Tien, deputy head of thecommittee, said digital economy is a trend pursued by countries worldwide amidthe COVID-19 pandemic, and Vietnam is not an exception.

Participants shared their views on Vietnam’s digitaleconomy, as well as advantages, difficulties and solutions to boost the digitaleconomy, particularly digital finance and digital banking, to deal with impactsof COVID-19 and prepare for post-pandemic recovery.

They also looked into international experience inthis regard, and proposed policies to serve the country’s socio-economicdevelopment effectively and sustainably.

At the seminar (Photo: VNA)

Tran Thi Lan Huong, senior public administrationexpert from the World Bank, said Vietnam has good infrastructure. However, therestill remain limitations in bandwidth, transmission quality, mechanisms andpolicies.

She suggested the country invest more in digitalcapacity in agencies and businesses, consolidate mechanisms to promoteinnovations, and utilise private resources in digitalisation.

A representative from European Chamber of Commercein Vientam (EuroCham) said EuroCham lauds the impressive progress theVietnamese Government has made in the digital government programme 2020.

EuroCham recommended Vietnam to develop and applysmart cloud policies to speed up digitalisation, and consider issuing policiessupporting the process.

Other delegates said Vietnam should step upinvestments in personnel training in digital technology, connectivity andinfrastructure, while paying more attention to building technology startupecosystem./.

VNA