On the morning of August 12, the Ministry of Information and Communications held a working session with relevant ministries and branches to collect opinions to complete the draft Law on Digital Technology Industry before submitting it to the Government and the National Assembly.

Attending the meeting were Deputy Minister of Information and Communications Bui Hoang Phuong, representatives of the Government Office, Ministry of Planning and Investment (MPI), Ministry of Finance and the Department of Information Technology and Communications Industry (MIC) - the drafting unit.

Previously, as assigned by the Prime Minister, the Ministry of Information and Communications presided over and coordinated with ministries, ministerial-level agencies, localities and relevant agencies and organizations to develop the draft Law on Digital Technology Industry.

The Law on Digital Technology Industry was drafted to address existing problems and shortcomings in the implementation of regulations on the IT industry in the Law on Information Technology. This legal document also aims to propose breakthrough policies to promote development while limiting risks, if any, in digital technology industry activities.

W-tt phuong bui.jpg
Working session to collect opinions to complete the draft Law on Digital Technology Industry. Photo: Trong Dat

According to the draft proposal, the Law on Digital Technology Industry will create a legal corridor to promote the development of the digital technology industry, turning it into an economic sector that contributes greatly to the country.

The Law on Digital Technology Industry aims to transform Vietnamese digital technology enterprises mainly from assembly and processing to innovation, design, integration, production and mastery of core technology; Create a market for the digital technology industry and promote the development of domestically designed and manufactured digital technology products.

The scope of regulation of the Law on Digital Technology Industry includes: Digital technology industry activities, digital technology products and services; ensuring the development of the digital technology industry; rights and responsibilities of organizations and individuals participating in and related to the digital technology industry.

This Law does not regulate the production and provision of digital technology products and services specifically for national defense, security, and cryptography. The subjects of application of the Law on Digital Technology Industry are expected to be agencies, organizations, and individuals participating in or related to the digital technology industry.

W-ky-su-phan-soft-cntt-1.jpg
An IT engineer is developing a health record application. Photo: Trong Dat

As the deadline for submission to the Government is approaching, Deputy Minister of Information and Communications Bui Hoang Phuong said that the Ministry of Information and Communications wants to invite representatives of ministries and branches to exchange, discuss, and directly contribute comments to the draft Law on Digital Technology Industry.

Sharing about the draft Law on Digital Technology Industry, Ms. Pham Thuy Hanh, Deputy Director of the Department of Law, Government Office, said that the draft needs to focus on two major policy areas, one is the issue of investment incentives, the other is the experimental licensing mechanism.

“ To develop the digital technology industry, the most important issue is investment incentives, investment procedures, policies, tax incentives, related policies, etc. in the direction of supporting the Ministry of Information and Communications to offer incentives at the highest level because these are the industries that need to develop and open up during this period, ” said the Deputy Director of the Department of Law, Government Office.

Giving comments from the perspective of the agency that is developing a special incentive mechanism for a number of new technology industries and source technologies, Mr. Do Van Su, Deputy Director of the Foreign Investment Agency (Ministry of Planning and Investment), proposed that it is necessary to develop policies for "digital technology zones" in the Law on Digital Technology Industry so that they are consistent with the Law on Industrial Parks and Economic Zones drafted by the Ministry of Planning and Investment.

Regarding preferential policies in digital technology zones, the representative of the Ministry of Planning and Investment suggested that the unit in charge of drafting the Law on Digital Technology Industry should hire a specialized consulting company to review each clause and regulation of the law.

At the meeting, representatives of relevant ministries and branches also mentioned many specific issues mentioned in the Law on Digital Technology Industry such as investment incentives for the semiconductor industry, VAT issues, research testing mechanisms, policies for digital assets, etc. With the sharing of experts, the meeting helped clarify many issues related to the Law on Digital Technology Industry.

How to realize the goal of 50,000 Vietnamese semiconductor engineers To train 50,000 semiconductor engineers, according to experts, the key factor is close and effective coordination between the State - School - Enterprise.