VIETNAM: The country must concentrate on upgrading workers’ digital skills, encouraging business innovation, and enhancing the accessibility and quality of information for Vietnam to become a major digital player in Asia, according to studies done by the Ministry of Planning and Investment’s Vietnam National Innovation Centre and industry experts.
Deputy Minister of Planning and Investment, Tran Duy Dong, noted that Vietnam needs to enhance the development of a digital economy based on science, technology, and innovation to improve the quality of life, productivity, efficiency, and competitiveness.
In light of the pandemic, Vietnam can take advantage of the many technology enterprises to learn and improve digital skills for local labourers.
The return of the Vietnamese diaspora, armed with huge investments in education and technical skills, contributes to the country’s digital talent pool. This network consists of business contact networks, professional associations, and dedicated independent institutes.
According to the Global Innovation Index 2021 ranking by World Intellectual Property Organization (WIPO), Vietnam is the most innovative country among the lower-middle-income countries, higher than Indonesia, Thailand, and the Philippines.
Vietnam’s digital economy is expected to account for one-third of the country’s gross domestic product by the end of 2030. It aims to be among the top 50 countries in the Information and Communication Technology Development Index as early as 2025.