Digital economy hoped to make up 20 percent of GDP by 2025

Update: 18:14 | 04/06/2020
Prime Minister Nguyen Xuan Phuc on June 3 signed off on the national digital transformation program until 2025 with a vision to 2030, which targets the digital economy contributing 20 percent of Vietnam’s GDP over the course of the next five years.
TIN LIÊN QUAN
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Illustrative photo. (Photo: kinhtedothi.vn)

The program aims to concurrently develop a digital government, economy, and society and create digital technology businesses capable of extending their reach to the world.

The digital economy is hoped to account for 20 percent of the country’s GDP by 2025 and at least 10 percent of each sector.

Vietnam also expects to be among the top 50 countries in the ICT Development Index and the Global Competitiveness Index, and one of the 35 leading countries in the Global Innovation Index (GII).

Eighty percent of online public services at Level 4 - the highest - will be provided via different devices, including mobile devices, while 90 percent of dossiers submitted at the ministerial and provincial levels, 80 percent of those at the district level, and 60 percent of those at the communal level will be handled online by 2025.

All national databases that create the foundation for e-government development, including those on population, land, business registration, finance, and insurance, will be completed, connected, and shared nationwide.

Given this, securing one of the top 70 positions in the E-Government Development Index (EGDI) is also a target of Vietnam for the next five years.

All Level 4 online public services are set to be available via multiple devices by 2030, which is also the deadline for all dossiers at the ministerial and provincial levels, 90 percent of those at the district level, and 70 percent of those at the communal level to be resolved online.

The country is also looking to secure a place among the top 35 in the EGDI rankings over the next decade.

In the national program, Vietnam also plans to universalize broadband internet and 5G services, has over 80 percent of its population using e-payment accounts, and become one of the top 30 countries in the Global Cybersecurity Index.

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(Source: VNA)