That was the speech of Minister of Information and Communications Nguyen Manh Hung at the Vietnam - Asia DX Summit 2024 on the afternoon of May 28, 2024 in Hanoi, organized by the Vietnam Software and IT Services Association (VINASA) with the theme: " Digital transformation, Green transformation, Digital economic development ".
Deputy Prime Minister Tran Luu Quang: "The theme of the Forum is not only an inevitable trend of the world but also the shortest path to a bright future."
Deputy Prime Minister Tran Luu Quang attended and delivered a speech at the Forum. The event was attended by representatives of ministries, sectors, and localities; representatives of the Embassies of Indonesia and Mexico, and representatives of a number of international organizations, leaders, and experts from 17 economies in the region and 35 provinces and cities across the country. On the VINASA side, there was Mr. Truong Gia Binh, Chairman of the VINASA Founding Council, and a number of leaders of the Association.
Digital transformation and green transformation are strategic choices
Speaking at the Forum, Minister Nguyen Manh Hung emphasized the important role of digital transformation and green transformation in the first half of the 21st century. According to the Minister, digital transformation and green transformation are twins that go together, support each other, and contribute to ensuring a country's rapid and sustainable development.
Deputy Prime Minister Tran Luu Quang and Minister Nguyen Manh Hung visited the exhibition displaying digital transformation solutions.
The Minister pointed out that Vietnam has identified digital transformation and green transformation as strategic choices and the main driving force of economic growth. In 2020, the green economy contributed about 2% of GDP with a growth rate of over 10%, while the digital economy contributed 12% of GDP. By 2023, according to calculations by the Ministry of Information and Communications, the digital economy had grown strongly, contributing 16.5% of GDP with a growth rate of over 20% per year.
Digital transformation creates a new type of resource: data. The more this resource is used, the more it is created, and it does not run out like other resources. Digital transformation also allows us to escape from the physical world. The physical world is virtualized in cyberspace, and in cyberspace, innovation happens much faster. When successful, it is reflected back to the physical world. The country that transforms digitally faster will be richer.
Green transformation helps people return to nature and protect the living environment. If you want to develop quickly, then digital transformation. If you want to be sustainable, then green transformation.
Digital transformation and green transformation both require digital technology. Digital technology is at its core semiconductor chips.
Minister of Information and Communications Nguyen Manh Hung: "Digital transformation is more of an institutional revolution than a technological revolution."
Enterprises and associations are interested in contributing their opinions to the Draft National Strategy on Semiconductor Chip Development.
Minister Nguyen Manh Hung said that the Ministry of Information and Communications has completed the final draft of the National Strategy on Semiconductor Chip Development. This strategy focuses on three key points: Semiconductor chip development is part of the Vietnam Electronics Industry Strategy; Vietnam will move from a global semiconductor human resource hub to a semiconductor industry; Vietnam will be number one in the semiconductor supply chain from x to x + 1. The Minister hopes that digital technology enterprises and associations will be interested in contributing their opinions to the draft strategy.
According to the Minister, to develop Vietnam's digital economy, it is necessary to rely on digital innovation, invest in digital infrastructure and especially AI computing infrastructure. It is necessary to integrate the digital economy into all industries and fields. It is necessary to perfect digital institutions, implement digital governance and train digital skills, digital human resources and especially attract digital talent.
Emphasizing the role of theory on digital transformation and developing Vietnam's digital economy, Minister Nguyen Manh Hung said that the Ministry of Information and Communications aims to build this theory.
In just one month, Vietnam's digital transformation program will complete 4 years and enter its 5th year. In 2024, Vietnam will focus on developing the digital economy with four pillars: Information and communication technology industry; Digital economic development of all sectors; Digital governance; Digital data development.
Finally, the Minister emphasized that digital transformation is more of an institutional revolution than a technological revolution. Dare to apply, dare to take the lead in application and apply safely will create development and also create technological perfection. We should talk more about institutional change to pave the way for the widespread application of digital technologies.
MISA exhibition booth
There needs to be more businesses taking the lead in developing fields such as AI, semiconductor chips, etc.
Speaking at the event, representative of the Organizing Committee, Mr. Truong Gia Binh, Chairman of the Founding Council of VINASA shared: The whole world is entering a stage of intelligent development with two trends of digital transformation and green transformation, which are both a driving force and an opportunity but also a huge challenge. To exploit the potential of digital transformation - green transformation, creating dual development in both digital economy and green economy, many Vietnamese enterprises need to "commit" to pioneering the development of the fields: Artificial intelligence, semiconductor chips, smart electric vehicles in digital transformation, green technology. It is necessary to focus human resources and finance on these key technology fields.
Mr. Truong Gia Binh, Chairman of VINASA Founding Council
Digital transformation, green transformation is the shortest path to a bright future
At the Forum, Deputy Prime Minister Tran Luu Quang acknowledged and highly appreciated the digital transformation process that has been implemented over the past 4 years. Accordingly, people's awareness of digital transformation has had positive changes. The Government has promoted digital transformation in areas such as: Justice, agriculture, banking..., and at the same time invested quickly and strongly in digital infrastructure. As a result, fiber optic cables have reached all communes, wards and towns, 80% of households have fiber optic cables to their homes. Some Vietnamese enterprises have had spectacular starts, increasingly gaining a higher position in global competition.
The Deputy Prime Minister acknowledged the valuable recommendations and contributions of the delegates and experts attending the Forum. The theme of the Forum is not only an inevitable trend of the world but also the shortest path to a bright future. Vietnam has a great advantage in this field, especially in human resources.
However, according to the Deputy Prime Minister, there are still some limitations and shortcomings that need to be overcome. Mechanisms, policies and institutions have not really created a runway for businesses to take off; Digital infrastructure, the foundation for green growth, although available, has not yet met the requirements; Resources have not really been prioritized and are considered a pioneering field. In some criteria in the world ranking table on the ability to utilize green transformation in socio-economic development, Vietnam is still ranked 150/190.
Regarding the direction of action, according to the Deputy Prime Minister, it is necessary to prioritize the implementation of digital transformation, investment in digital infrastructure, especially in areas with demand and development impact such as economic zones and industrial zones, and in order of priority; mobilize non-budgetary resources; train human resources; there needs to be a mechanism to encourage businesses to participate in digital transformation, green transformation, especially startups with a spirit of accepting risks and adventure.
At the Vietnam - Asia Digital Transformation Summit 2024 with the theme "Digital transformation, green transformation, digital economic development", senior leaders and experts focused on discussing 7 hot issues in 3 thematic lines: Digital transformation - Green transformation, Digital economic development and Transformation technology with the following main contents:
– Digital transformation, green transformation, digital economic development . Focus on discussing, sharing, and consulting on practical issues, such as: National strategy on green growth for the period 2021-2030, digital-green solutions for sustainable development.
– Effective management and operation of businesses and organizations based on data. Digital – green transformation: Strategy, standards, effective implementation. Proposing new strategies and technological solutions in management and operation for sustainable business growth and development, guiding businesses to practice green transformation according to international standards.
– Digital transformation, green transformation in industrial production . Going into specific, practical issues of digital and green transformation for the production sector such as smart factory solutions, green factories to help optimize energy, optimize performance in production...
– Green finance for sustainable development. Potential, current situation and solutions to promote and develop green finance and credit in Vietnam will be discussed by experts at the Workshop.
– Digital Trust and Cross-Border E-Commerce Development. Discuss policies to promote cross-border e-commerce and promote effective and sustainable digital economic development. At the same time, guide the building of trust in the online environment through Digital trust - Platform for digital economic development and cross-border trade.
– Cooperation in developing semiconductor industry. Vietnam has recently been considered a place with “favorable time, favorable location, and favorable people” with many opportunities and potentials for the development of the semiconductor industry with an important geopolitical and economic position. The workshop focused on discussing policies for the development of the Vietnamese semiconductor industry and the formation of the Vietnamese semiconductor ecosystem by experts.
– Technology promotes digital transformation, green transformation, and digital economic development. Sharing about technologies such as 5G, AI, Chat bot, promoting the application of artificial intelligence in digital transformation of enterprises.
The 7 hot issues are also the topics of the 7 seminars of Vietnam DX Summit 2024. More than 70 speakers are leaders and senior experts from relevant ministries and branches such as: Ministry of Information and Communications, Ministry of Planning and Investment, Ministry of Industry and Trade; provinces and cities with high growth rates of digital economy and green economy such as: Ho Chi Minh City, Da Nang, Hai Phong, Bac Ninh; major domestic and international brands such as: Amkor, Temasek, VinFast, FPT, VNPT, Viettel, MISA, Ericson, Momo
In addition to 07 conference sessions, the Vietnam - Asia Digital Transformation Summit 2024 also organizes exhibitions displaying digital transformation solutions from technology enterprises and business matching activities between domestic and international enterprises.
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