Chủ đề: digital transformation

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Vietnam Economic Times October 2023

Since introducing the nationwide electronic invoice (e-invoice) system on April 21, their use in many cities and provinces has reached over 50 per cent and in some cases 90 per cent. The amount of taxes paid by individuals through the eTax Mobile system since its implementation on March 21 stands at nearly VND160 billion ($6.29 million). Meanwhile, five foreign suppliers not permanently established in Vietnam voluntarily declared and paid taxes through the website of the General Department of Taxation.

Chairing the second session of the National Committee on Digital Transformation on April 27, Prime Minister Pham Minh Chinh acknowledged the positive results from efforts over recent times but also pointed out limitations. He also emphasized that digital transformation needs to be more effective for businesses and individuals to benefit.

Vietnamese authorities will do more to support the digital transformation of small and medium-sized enterprises.

Businesses and local authorities are both paying greater attention to the digital transformation of the tourism sector.

Under the Action Plan for 2022 on Digital Transformation, issued by the National Committee on Digital Transformation, Vietnam will focus on directing and coordinating ministries, branches, and localities to promote digital transformation and develop digital government. Goals to the end of the year include over 90 per cent of Vietnamese people having electronic health records and 85 per cent having smartphones.

On the occasion of Sierra Leone President Julius Maada Bio visiting Vietnam, on March 16, Mr. Jacob Jusu Saffa, Minister and Chairman of the Office of the President of Sierra Leone, and FPT Chairman Truong Gia Binh signed an MoU in which FPT will support the promotion of national digital transformation and digital workforce training in the African country. This is the first time a Vietnamese tech company has signed a total digital transformation contract with a foreign government.

Committees aim to give a helping hand to Vietnam’s efforts in digital transformation.

MoIC issues document directing ministries and localities in promoting digital transformation this year.

Prime Minister Pham Minh Chinh signed a decision on March 3 promulgating a Regulation on the principles and tasks for the National Committee on Digital Transformation. Committee members must proactively promote the process of national digital transformation, linked closely with administrative reform and building and developing e-government and digital government.

According to the development plan for technology innovation centers in Ho Chi Minh City in the 2021-2025 period, industrial production enterprises will be supported in technology transfer and innovation, in which special priority will be given to supporting technology transfer from abroad. The city has set a target of forming at least two technology innovation centers by 2025.

Vietnam entered into its digital transformation process in 2021, and 2022 will be a year to promote it further in all industries on a national and comprehensive scale, contributing to boosting economic recovery and restructuring as well as socio-economic development. The share of the digital economy is to account for 11.5 per cent of GDP.

Digital transformation in the agriculture sector, which focuses on developing smart agriculture and applying digital technology to automate production and business, will help tens of millions of farming households in Vietnam access knowledge and new ways of thinking and be in line with development trends in the country as a whole.

The need for digital transformation is rising but businesses continue to find the process problematic.

2021 has seen a strong breakthrough in the information and communications industry, moving the country towards digital transformation. And 2022 will be a year of further promoting digital transformation in all industries nationwide and implementing new strategies on digital infrastructure, data, digital technology, and digital technology enterprises.

The government has issued preferential policies to support businesses to innovate and catch up with development trends, while the Ministry of Planning and Investment is developing a program to support digital transformation at enterprises, cooperatives, and household businesses in the 2021-2025 period. In the Global Innovation Index 2021, Vietnam ranks 44th out of 132 countries and territories, leading the group of 34 low middle-income countries.

The State Bank of Vietnam (SBV) has decided to establish a steering committee on digital transformation in the banking sector, headed by SBV Governor Nguyen Thi Hong. It will be responsible for promoting the digital transformation process at credit institutions and foreign bank branches, creating the conditions needed for the implementation of Industry 4.0 in the banking sector.

Digital transformation will accelerate growth and improvements in all sectors of Vietnam’s economy.

Many F&B businesses have adopted online models since Covid-19 struck.