Forbes Vietnam Innovation Forum: Sailing the digital sea

It is a need to build a dynamic, fast-growing, sustainable and self-reliant economy on the basis of science-technology and innovation, and in combination with international relations and integration, heard a forum in Ho Chi Minh City on March 30.

The Forbes Vietnam Innovation Forum, themed “Sailing the digital sea”, was jointly held by Forbes Vietnam, the Vietnam National Innovation Centre (NIC) and Do Ventures.

Deputy Minister of Planning and Investment Tran Duy Dong speaking at the forum.

Speaking at the event, Deputy Minister of Planning and Investment Tran Duy Dong said factors such as geopolitical competition, trade wars between powers, and strong impacts of the fourth Industrial Revolution have presented an urgent need for self-resilience in production.

Vietnam has climbed up five places to the 54th position in the latest Global Startup Ecosystem Index by startup research company StartupBlink, he said, adding that the country remained among the world top 50 innovative countries.

In 2022, Vietnam posted the highest growth rate in digital economy in Southeast Asia with 28% as compared with the previous year, from 18 billion USD to 23 billion USD. The growth rate is expected double the national GDP growth by 2030.

They are encouraging signs as Vietnam shifts from the recovery mode to a regeneration phase, the official noted.

Google and Temasek also estimated that Vietnam's digital economy will reach 43 billion USD by 2025.

Orkan Akcan, Executive Vice President for International Growth of Insider, an Asian technology unicorn, said innovation and optimising development opportunities during the transition from the traditional economy to the digital economy will bring a lot of opportunities to Vietnam.

He suggested domestic firms utilise innovation and develop right products to access markets and affirm their footholds.

Nguyen Duc Long, a representative from the NIC, said the centre has selected some sectors to focus its support for startups, including smart production, smart cities, cyber security, digital communications, semiconductor and medical technology.

Bac Giang: new rural area building in tandem with digital transformation

Bac Giang will focus on removing obstacles to raise the efficiency in the implementation of the National Target Programme on New-Style Rural Area Building in the northern province.

 

Digitalization of fruit growing areas facilitates product management and traceability

(BGO)- After more than 1 year implementing the project to support sustainable development of fruit trees, the competent agencies in northern province of Bac Giang have digitalized 129 concentrated production areas. This year, the sub-department of Plant Protection (under the provincial Department of Agriculture and Rural Development) has digitalized 80 more planting areas, which is defined its key task.

 

Youth Month themed “Youth pioneer digital transformation” launched in Bac Giang

(BGO) – The Ho Chi Minh Communist Youth Union (Youth Union) in Bac Giang province on February 26 launched the Youth Month 2023 themed “Youth pioneer digital transformation”.

 

Electronic invoice boosts digital transformation, strict revenue management

(BGO) – Considering tax payer as the center, the Taxation Department in Bac Giang province has accelerated the digital transformation, typically successful application of electronic invoice (E-invoice). It proves clear efficiency in administrative procedure reform and supports tax payer.     

 

Training cooperation to improve digital capacity and promote digital transformation

The Information and Communications Public Management Institute (ICI) and the Digital Transformation Strategy Institute (DTSI) signed a cooperation agreement on February 22 to enhance the digital capacity of organisations and individuals towards the implementation of the three pillars of national digital transformation – digital government, digital society, and digital economy.

 

Source: VNA