Deputy Prime Minister Tran Hong Ha and fellow delegates view an exhibition booth. — Vietnam News
HANOI: Opening the fifth National Forum on Digital Enterprises Development 2023 (VFTE2023) in Quang Ninh Province, Information and Communications Minister Nguyen Manh Hung underscores the significance of the Made-in-Vietnam movement.
Hung highlighted the semiconductor industry’s importance to Vietnam’s development during the digital transformation era.
Since its inauguration in 2019, VFTE2023 has become a major event for the industry, serving to showcase the progress of Vietnamese digital technology companies in the past year.
It also showed the development of digital technology in the spirit of Made-in-Vietnam and digital applications to enhance revenue, profit and labour productivity.
Under the theme “Innovating Digital Applications for Economic Development: Driving Economic Growth and Labour Productivity,” Hung said encouraging developments and achievements were registered in the past four years.
The number of digital technology businesses in Vietnam increased by 30%, digital technology industry revenue rose by 32%, and the proportion of Made-in-Vietnam products in the digital technology industry increased from 21% in 2019 to 29% in 2023.
Software production for foreign markets marked a growth of 43%, with over 1,400 businesses operating in this sector.
“Vietnam not only assembles and processes products but also innovates and solves Vietnam’s problems, going global from here,” Hung said, adding that self-reliance is unattainable without products being made in Vietnam.
He said that the crucial aspect of digital economic development is digital applications and the digital transformation of various sectors and networks.
Leading this effort should be digital technology businesses, as Vietnam boasts the necessary infrastructure, technology, skilled workforce, and understanding of digital transformation to pioneer innovative applications across various sectors, he added.
“Vietnamese digital technology businesses now have a new mission: industrialise and modernise the country through the innovation of digital applications and digital transformation,” Hung said. — Viet Nam News/ANN
