Vietnam’s digital economy will likely reach US$52 billion in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company.
With the gross merchandise value (GMV) of its internet economy accounting for over 5% of the country's GDP in 2019, Vietnam is emerging as the most digital of all economies in the region, the report said.
Read more: Vietnam’s digital economy to hit US$52 billion by 2025
Digital transformation has become a critical need for technical infrastructure enterprises to survive in the fourth industrial revolution, especially amid the COVID-19 pandemic, speakers said at a recent seminar in Ho Chi Minh City.
Nguyen Van Dang, director of the Gia Dinh Water Supply Joint-Stock Company under the Saigon Water Corporation (SAWACO), said that digital technologies improve administrative methods and production activities, helping to better serve customers.
Read more: VN: Digital transformation a must for technical infrastructure sector
The trend of e-commerce development differs between slow-growing regions and developed regions.
Hanoi and Ho Chi Minh City continue to lead Vietnam e-business index 2021 (EBI 2021), according to the latest report released on April 20 by the Vietnam E-commerce Association (VECOM) in Hanoi.
Read more: Hanoi, Ho Chi Minh City lead Vietnam e-business index 2021
Ministries, agencies and localities will continue with digital transformation programmes for the new period in the near future.
The Prime Minister has agreed with the policy of building and developing e-Government, with stepping up administrative reform on the back of advanced technologies while improving openness, transparency and placing the people and businesses at the centre.
The initial ecosystem for a digital school is taking shape at the Posts and Telecommunications Institute of Technology (PTIT).
Dozens of students, lecturers and officers now can carry out nearly all activities: using motorbike parking service, keeping track of class schedules, checking exam scores and paying for meals with smartphones.