Digital economy is playing an increasingly important role in driving economicgrowth, Hung said, adding that the key for digital transformation in 2024 is“change of approach.”
Instead of calling on fields to implement digital transformation, the ministrywill commission teams, including network operations and digital technologycompanies, to work on digital transformation application for each field, Hungsaid.
The mission of the digital technology industry is to use digital technology tomake Vietnam develop and become a high-income country by 2045. To do so, it isnecessary to master technology and encourage innovation, design andmanufacturing in Vietnam.
“We are in the early stage of the artificial intelligence (AI) revolution. Weneed to focus on AI development,” Hung said.
“In this era of digital transformation, no one will be the fastest. The focusis collaboration. Whoever cooperates well will win.”
Vietnam has been among the leading countries in the field of digitaltransformation and innovation in the region.
The World Intellectual Property Organisation ranked Vietnam 46th in theinnovation index in 2023, up two grades compared to 2022.
According to Pham Hong Quat, Director of the ministry’s National Agency forTechnology Entrepreneurship and Commercialisation Development, organisationssupporting innovation start-ups in both the public and private sectors are growingrapidly in both number and operational capacity.
There is large potential for digital transformation, especially in food-tech,healthcare, logistics, green growth and carbon credit, he said.
“Vietnam has opportunities in international integration, digitaltransformation, green growth, circular economy and sustainable developmentgoals. But there are also challenges,” Quat said.
In late December, the Prime Minister approved the project on improving Statemanagement and law enforcement capacity on digital transformation to 2025, witha vision to 2030, stressing that human resource, institution and technology arethree decisive factors for the success of digital transformation.
According to Hung, solutions to address human resources challenges can be variedyear to year.
In 2024, the focus will be on building virtual assistants to support officialsand civil servants, especially for positions working a lot with regulations anddata, so that they will have time for creativity, Hung said.
Application of technology will help reduce workload by three times, Hungstressed.
To promote inclusive digital transformation, the ministry has launched Lang So (DigitalVillage) portal with an aim to help people understand how digital technology isapplied to aspects of daily life and equip them with digital skills to changethe way they live, work and do business, and to become a part of the digitaleconomy.
With nearly 11,000 commune level administrative units, 29,000 cooperatives andfive million business households, every individual, every village, everycommune and every person should become an inspirational story in digitaltransformation, according to the ministry.
Vietnam’s digital economy is expected to gain robust growth and reach anestimated 45 billion USD by 2025, driven by e-commerce and online travel,according to a joint report by Alphabet, Temasek Holdings, and Bain &Company in November.
The report said Vietnam remains the fastest growing digital economy inSoutheast Asia for the second year in a row and is expected to hold thisposition until 2025./.