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Digital economy expected to contribute 20 percent of GDP by 2025

VietnamPlus Thursday | 06/04/2020 17:02

Vietnamese people use smartphones at Tao Dan Park in Ho Chi Minh City. Photo by Shutterstock/An Nguy.

Vietnam targets digital economy to contribute 20% of GDP over the next five years, according to the national digital transformation programme until 2025 signed by Prime Minister Nguyen Xuan Phuc on Wednesday.

The programme 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 programme, Vietnam also plans to universalise broadband internet and 5G services, have over 80 percent of its population using e-payment accounts, and become one of the top 30 countries in the Global Cybersecurity Index.

Source: VietnamPlus

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