Delegates attend a meeting on digital enterprises and innovation in Ha Noi on Friday. — Photo tienphong.vn Viet Nam’s gross domestic product (GDP) growth reached 6.81 per cent last year, the highest in the last decade. The country’s competitive capacity increased five places to rank 55th out of 137 countries, its innovation index increased 12 ranks and the index of sustainable development rose 20 places. These achievements are attributed to the efforts of the Government in transforming the economic growth model, applying the achievements of industry 4.0 and promoting innovation in the digital era, announced a meeting on digital enterprises and innovation in Ha Noi on Friday. It was co-organised by the Institute for Brand and Competitiveness Strategy (BCSI) and the Viet Nam Internet Association. The digital economy has four pillars, which are digital technology infrastructure, supporting infrastructure, electronic business and e-commerce, said Nguyen Thi Minh Huyen, deputy head of the Viet Nam eCommerce and Digital Economy Agency. The country has a population of 96 million, of which 35 per cent are city dwellers. The number of Internet users is 64 million, accounting for 67 per cent of the total population. Huyen noted that the supporting infrastructure for digital technology in Viet Nam was still modest. According to a survey of the Viet Nam eCommerce and Digital Economy Agency, only 40 per cent of the country’s population had banking accounts. The online payment rate accounted for only 10 per cent of transactions. According to Universal Postal Union 2017, the index… [Read full story]
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