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Vietnam targets to have 100,000 digital firms by 2030

Digital banking. Image: worldfinanceinforms.com. Sketched by the Pan Pacific Agency.

Pan Pacific Agency | COMMUICATION AGENCY FOR PACIFICA REGIONS

HANOI, Jan 20, 2020, The Hanoi Times. In 2020, Vietnam would announce the strategy of national digital transformation, marking the beginning of a comprehensive and inclusive switchover process nationwide, The Hanoi Times reported.

Vietnam targets to have 100,000 digital firms by 2030, double the current 50,000, while the digital economy would account for 30% of the country’s GDP, the governmental portal reported.

The target is set in the prime minister’s Directive No.01, the first of its kind in 2020, aiming to promote the development of digital firms in Vietnam, build smart cities, e-government and expand technological advances in every socio-economic aspect towards national digital transformation.

“The move would help realize Vietnam’s desire to become a prosperous nation with a 100-million population market, laying a strong foundation for Vietnamese digital firms to compete globally,” said PM Nguyen Xuan Phuc in the directive.

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