{"id":25532,"date":"2021-10-21T06:57:09","date_gmt":"2021-10-20T23:57:09","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=25532"},"modified":"2021-10-21T06:57:09","modified_gmt":"2021-10-20T23:57:09","slug":"digital-economy-to-bring-over-74-billion-for-vietnam-by-2030","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/digital-economy-to-bring-over-74-billion-for-vietnam-by-2030\/","title":{"rendered":"Digital economy to bring over $74 billion for Vietnam by 2030"},"content":{"rendered":"

A recent workshop reviewed Vietnam\u2019s current situation and possible development of its digital economy<\/span>\u00a0<\/span><\/p>\n

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Vietnam needed to accelerate the digital economy’s development on the basis of science-technology and innovation to improve the quality of life, productivity, efficiency, and competitiveness.\u00a0 VietnamStockImages\/Shutterstock<\/figcaption><\/figure>\n

As reported by Vietnam News<\/a>, if executive properly, digital technology can generate over VND1.733 quadrillion (USD74 billion) for Vietnam by 2030, with manufacturing, agriculture and food, and\u00a0educating-training sectors benefitting the most.\u00a0<\/span>\u00a0<\/span><\/p>\n

The\u00a0workshop, co-organised\u00a0by the Ministry of Planning and Investment\u2019s Vietnam National Innovation Centre (NIC) and Google, covered the current situation and possible development of Vietnam\u2019s digital economy,\u00a0including\u00a0mechanisms and policies to promote its growth.\u00a0<\/span>\u00a0<\/span><\/p>\n

The report, conducted by AlphaBeta, shows that Vietnam holds many opportunities to benefit from the digital economy.\u00a0<\/span>\u00a0<\/span><\/p>\n

Young, educated, and tech-savvy people make up 70 percent of the citizens under 35 years of age. Additionally, the literacy rate\u00a0of the\u00a015-35 age group is over 98 percent, higher\u00a0than the average global rate of 91 percent.\u00a0<\/span>\u00a0<\/span><\/p>\n

Vietnam also has the second-fastest growing Internet economy in Southeast Asia, with approximately 70 percent of residents using smartphones. <\/span>\u00a0<\/span><\/p>\n

However, there are multiple barriers to benefitting from digital technology,\u00a0including\u00a0digital connectivity, regulatory requirements, and a shortage of digitally skilled human resources, says the report.\u00a0<\/span>\u00a0<\/span><\/p>\n

Deputy Minister of Planning and Investment Tr\u1ea7n Duy \u0110\u00f4ng said in the context of the COVID-19 pandemic, Vietnam needed to accelerate the digital economy’s development on the basis of science-technology and innovation to improve the quality of life, productivity, efficiency, and competitiveness.<\/span>\u00a0<\/span><\/p>\n

More: Vietnam\u2019s famous Ha Long Bay buzzes with 1,000 intra-provincial visitors<\/strong><\/a><\/p>\n

Jacques Morisset, World Bank lead economist for Vietnam, suggested the nation focus on upgrading workers\u2019 digital skills, encouraging businesses’ innovation, and enhancing the accessibility and quality of information.\u00a0<\/span>\u00a0<\/span><\/p>\n

V\u0169 Qu\u1ed1c Huy, director at NIC, said the centre had cooperated with partners such as Google and Amazon to organise online training and capacity-building programmes in technology, e-commerce application, and digital transformation for domestic businesses.<\/span>\u00a0<\/span><\/p>\n

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The Property Report editors wrote this article. For more information, email:\u00a0<\/em>propertyreport@propertyguru.com<\/a>.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A recent workshop reviewed Vietnam\u2019s current situation and possible development of its digital economy\u00a0<\/p>\n","protected":false},"author":12,"featured_media":25533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[2402,1135,228,135],"class_list":["post-25532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-digital-economy","tag-digital-transformation","tag-innovation","tag-vietnam","news_country-vietnam","news_author-property-report"],"acf":[],"yoast_head":"\nDigital economy to bring over $74 billion for Vietnam by 2030 | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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