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19:25 (GMT+7) - Friday 15/4/2022
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VIETNAM TODAY


PM ISSUES DIRECTIVE ON DIGITAL TECHNOLOGY ENTERPRISES

Released at: 17:28, 16/01/2020

Photo: FPT

Directive touches on the many factors involved in bolstering local enterprises
during Vietnam's digital transformation process.

by Minh Do

 * Digital technology changing accountancy
 * Deputy PM: Vietnam to facilitate development of digital technology

Prime Minister Nguyen Xuan Phuc has signed Directive No. 01 / CT-TTg on
promoting the development of digital technology enterprises in Vietnam.

Based on many new technologies with a digital core (artificial intelligence,
deep machine learning, big data, blockchain, cloud computing, and the Internet
of Things (IoT)), digital transformation is creating new development space - a
digital economy, a digital society, and e-government. In particular, it opens up
a great opportunity for Vietnam to develop by adopting breakthrough measures,
quickly catching up with developed countries and completing a full digital
transformation process.

The country needs to develop businesses that apply, transfer, research and
develop, and produce products, platforms, and solutions based on digital
technology to promote innovation, which plays a very important role in realizing
the opportunities and potential that digital transformation brings when bringing
digital technology into all areas of life to every citizen.



Vietnamese digital technology enterprises should take the lead and create
breakthroughs in the implementation of the “Make in Vietnam” strategy with the
guideline that “Vietnamese enterprises strive to gradually master technology,
actively design and manufacture, create products, and be proactive in creating
new services, solutions and business models.” Local digital businesses will
contribute to the mission of making Vietnam an industrialized country, growing
its economy quickly and sustainably and embracing the goal of making it a
high-income country by 2045.

Following the model of a number of countries with developed economies based on
digital technology enterprises, by 2030 Vietnam needs at least 100,000 digital
businesses to develop the digital economy and build smart cities and
e-government and broadly apply digital achievements in socioeconomic fields and
national digital transformation.

Four types of digital businesses must be given focus: (i) Big commercial and
service enterprises in socioeconomic fields shifting their operations to digital
technology and core technology research and investment; (ii) Information
technology enterprises that will undertake pioneering missions in researching,
developing, and mastering digital technology and are proactive in production;
(iii) Startups applying digital technology to create new products and services
in socioeconomic sectors and fields; and (iv) Startups innovating in digital
technology.




 * TAGS
 * PM Nguyen Xuan Phuc
 * digital technology businesses





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