Gov’t asks for focus on digital finance, digital economy this year

The Government issued a strategy for developing e-Government toward Digital Government, a national strategy for developing the digital economy and society, and programs about national digital transformation to 2025 with a vision to 2030.

The latest edition of the e-Conomy SEA report by Google, Temasek Holdings Pte and Bain & Co published in late December highlighted that Việt Nam had the fastest growing digital economy in Southeast Asia with a year-on-year increase of 28 percent in gross merchandise value (GMV).

The report pointed out that the driving force for Việt Nam’s digital growth was the growing penetration of new forms of commerce across urban and rural regions for businesses. Logistical infrastructure also improved to facilitate nationwide e-commerce transactions and there was a noticeable high-quality homegrown tech workforce that had been driving innovation in Việt Nam.

Trần Minh Tuấn, director of the Department of Digital Economy and Society under the Ministry of Information and Communications, said that based on the survey of Financial Times and Omdia, Việt Nam was the second fastest growing digital economy in the world, expanding at the rate of 12.3 percent in 2022, after India. In 2023, Việt Nam might fall behind Mexico and India but could take the lead in the world in digital economy growth in the 2022-26 period.

Refer to:
Vietnam news

Image by Photo Mix from Pixabay

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