Vietnamese famers have average income of 3.4 million VND/month The Ministry of Agriculture and Rural Development reported that the average income for farmers in 2020 was 43 million VND/year, which is equivalent to under 3.4 million VND/month. In the Draft Strategy for Sustainable Agriculture and Rural Development for the 2021-2030 period (with a vision towards 2050), the Ministry set the goal of raising farmers’ average income and reducing poverty in a sustainable manner. By 2030, the rural population’s income would have to be 3 times higher than in 2020, and poverty rate would fall by 1-1.5 %. Vietnam targets 100,000 IT enterprises, digital economy to contribute 30% GDP At a recent event in Da Nang, Deputy Minister of Information and Communications Phan Tam said that Vietnam has had 58,000 ICT enterprises and has set a target for that number to reach 100,000 by 2025. "The goal is that by 2030, Vietnam will be in the top 50 countries in terms of digital governing, and its … [Read more...] about VIETNAM BUSINESS NEWS DECEMBER 5
Digital economy news
Da Nang calls for RoK’s investment in ICT A forum to promote investment in information and communications technology (ICT) in the central city of Da Nang from the Republic of Korea (RoK) was held virtually on November 30, bringing together representatives from over 200 enterprises and investors from the two countries. The event aims to introduce potential, advantages, preferential and investment support policies of Da Nang to RoK businesses and investors, especially in ICT, and high technology. Addressing the event, Deputy Minister of Information and Communications Phan Tam said the RoK is the largest foreign investor in Vietnam with over 9,000 valid projects worth over 71.5 billion USD, including nearly 500 investment projects in the ICT field with the presence of the world's leading technology corporations such as Samsung and LG. To welcome more investments from the RoK, the Vietnamese Government has been perfecting models, mechanisms and policies to create breakthrough … [Read more...] about VIETNAM BUSINESS NEWS DECEMBER 1
Since 2010, Da Nang has identified information and communication technology as one of the three strategic breakthroughs in socio-economic development. The central city of Da Nang topped the Digital Transformation Index (DTI) rankings in 2020 for localities nationwide in all three key pillars of digital government, digital economy and digital society, according to the DTI 2020 Report released several days ago by the Ministry of Information and Communications. The DTI rankings were made based on four major sources - data from reports of ministries, ministry-level agencies, Government-run agencies and centrally-run cities and provinces in 2020; data collected from people, entrepreneurs, State officials and public servants; experts’ assessments on digital transformation and information technology; and evaluation collected through the Internet under the supervision of the Ministry of Information and Communications. The rankings aim to provide a panoramic picture on the … [Read more...] about Why has Da Nang taken the lead in digital transformation?
Residents register for the $2.6 billion financial support package from the Government to support workers affected by the COVID-19 pandemic. — Photo dangcongsan.vn Viet Nam's fiscal support package needs to contain the pandemic and minimise health and economic impacts, so it will be necessary to give priority to spending on health, social security and support for the business sector. Chairman of the National Assembly Vuong Dinh Hue yesterday chaired the Vietnam Economic Forum 2021 in Ha Noi, where economic experts discussed and suggested fiscal and monetary policies to support socio-economic recovery and development after the COVID-19 pandemic. The forum themed "Recovery and sustainable development" was co-organised by the National Assembly Economic Committee, the Central Economic Commission and the Vietnam Academy of Social Sciences, connecting 57 locations in the country and three international ones, gathering opinions from a large number of scientists and experts in various … [Read more...] about Support packages should be spent on health and business recovery: forum
The one-stop-shop administrative receiving and processing system of the Department of Planning and Investment in Bình Dương Province. VNA/VNS Photo BÌNH DƯƠNG – Bình Dương Province targets providing 100 per cent online public services at provincial and district levels by January. Bình Dương has attracted a great deal of domestic and foreign investment in industrial production. Speeding up administrative reform is one of the important goals of the province to create favorable conditions for businesses and people. Võ Văn Minh, chairman of the province's People's Committee, said the province currently has a total of 1,942 administrative procedures, of which 1,557 are at provincial level, 258 at district level and 127 at communal level. Online public services at provincial and district levels account for a high proportion, but the percentage of people dealing with online administrative procedures is not high. The director of the province's … [Read more...] about Bình Dương to provide all public services online
A cooperation agreement was signed on the investment of a data centre worth about 100 million USD in the central city of Da Nang, during a virtual ceremony held on November 23. At the signing ceremony (Photo: VNA) The centre will be jointly invested by the Da Nang IT Park Development Company and Infracrowd Capital of Singapore. Speaking at the event, Founder and CEO/ Managing Director of Infracrowd Capital said the Da Nang IT Park Development will become its comprehensive strategic partner in the development of green data centres and sustainable infrastructure in Vietnam. This opens up chances for Da Nang to realise the target of turning itself into a smart city through speeding up e-Government services and digital economy development, including artificial intelligence application, by 2030. Also at the event, Trungnam Electronics Manufacturing Services and Xelex Technology Company sealed a deal on the manufacturing of 100,000 tablets which help students … [Read more...] about Da Nang attracts data centre project worth US$100 million