Seminar talks future of Vietnamese digital economy

A scientific seminar to offer strategic forecasts about the future of the Vietnamese digital economy took place in Hanoi on December 14.
Seminar talks future of Vietnamese digital economy ảnh 1Illustrative image (Source: FPT Corporation)
Hanoi (VNA) – A scientific seminar to offerstrategic forecasts about the future of the Vietnamese digital economy tookplace in Hanoi on December 14.

The event was co-organised by the Vietnam Academy of SocialSciences (VASS) and the Australia-based Commonwealth Scientific and Industrial Research Organisation’s Data 61project.

Speaking at the event, expert Nguyen Thu Nga from the VASS saidthe Vietnamese government has tapped into the potential of digital economy byissuing a master plan on the development of e-commerce and a national hightechnology development programme.

The number of Internet subscribers soared 320-fold to 64million in January 2018 from nearly 200,000 in 2000.

Australian digital economy expert Jessica Antherton saiddigital economy is one of the pillars of economic growth as countries worldwideare embarking on the fourth industrial revolution.

She pointed out seven key trends impacting the Vietnamesedigital economy till 2040, including emerging digital technology that willimprove production, further focus on cyber and private security, energy andinfrastructure in service of digital network, smart city development, increasein the middle-income class in Asia, wider gap in income, and increase in theuse of high-value products and services.

There remains room to develop digital economy in the nexttwo decades, but it should be directed cautiously, she said.

Participants at the event discussed trends and risksaffecting the Vietnamese digital economy and what Vietnam could do to avoideconomic failures or crises in each scenario.-VNA
VNA

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