Attending the forum were Deputy Minister of Information and Communications Phan Tam, along with experts and representatives of domestic and foreign digital technology enterprises.

The forum includes 3 sessions: Policies to promote digital investment in Vietnam in the digital age; Potential and opportunities for digital investment in Vietnam; Connecting to build a digital investment ecosystem.

At the first session, delegates shared the current status and development orientation of Vietnam's digital technology industry. Accordingly, Vietnam's digital technology industry has a revenue of 150 billion USD with 67,500 enterprises, of which 1,500 digital technology enterprises operate in the international market.

In addition, Vietnam has high-quality human resources, is in the top 10 in the world in terms of programming skills and is the country that trains the most engineers. Vietnam is also a country with many preferential policies for the digital technology industry.

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Deputy Minister of Information and Communications Phan Tam speaks at the workshop. Photo: Pham Cong

The second session focused on connecting financial services and technology, ideal destinations for digital technology investment in Quang Ninh and Binh Duong, experience for investment in the digital technology sector and recommendations for Vietnam.

In the third session, speakers and experts exchanged and discussed connections to build a digital investment ecosystem.

At the forum, Deputy Minister of Information and Communications Phan Tam said that in the context of the strong development of the 4.0 industrial revolution, digital technology is gradually changing the world in an unprecedented way, becoming a basic productive force and the main driving force in the socio-economic flow.

According to the Ministry of Information and Communications, Vietnam's digital technology industry revenue is estimated to reach 152 billion USD in 2024. The Vietnamese digital technology business community brings together nearly 54,000 businesses that are operating and generating revenue, creating jobs for more than 1.8 million workers.

More than 1,500 Vietnamese digital technology enterprises have invested and gradually affirmed their position in foreign markets. With a large number of digital technology enterprises, Vietnam has the conditions to build and master an ecosystem of digital products and services.

This is a solid premise for forming an industrial production sector with high intellectual content, fast and sustainable growth rate, and the driving force to carry out strategic breakthroughs, modernize the country, develop the digital economy and digital society.

Vietnam is proud to be a country that has been growing strongly, becoming an attractive destination for international investors, especially in the field of digital technology. Since 2020, Vietnam has attracted nearly 3 billion USD for nearly 1,000 digital technology projects, coming from over 50 countries.

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Conference scene. Photo: Pham Cong

"This is a clear demonstration of the attraction and development prospects of the digital technology industry in Vietnam. Many of the world's leading technology corporations such as Intel, Samsung, Apple, Amkor and many other large technology corporations in the world have invested and will invest billions of USD in Vietnam. These corporations also committed to continue to invest heavily in Vietnam in the coming time," Deputy Minister Phan Tam said at the conference.

Deputy Minister Phan Tam added that Vietnam is committed to continuing its efforts to create a favorable, transparent and innovative business environment, while strengthening international cooperation to promote the development of the digital technology industry.

Also on the morning of November 20, a workshop on policy and regulatory recommendations to promote service reliability in ASEAN and a conference of ASEAN information officials took place. These are activities within the series of activities of the Vietnam International Digital Week organized by the Ministry of Information and Communications in coordination with the People's Committee of Quang Ninh province from November 19 to 22.