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EU Ambassador: EVFTA is a potential platform to promote digital economy and digital transformation in Vietnam

The Ambassador of the European Union (EU) to Vietnam, Mr. Giorgio Aliberti emphasized this with representatives of the Ministry of Information and Communications, the Ministry of Science and Technology and the Vietnam Software and Information Technology Services Association. Vietnam (VINASA) with a large number of EU and domestic businesses at Roundtable 2 on “Digital Economy, Digital Transformation in Vietnam and EVFTA Agreement”, held this morning on November 5 in Hanoi .

EVFTA is a historic Free Trade Agreement in a milestone in the relationship between Vietnam and the EU – one of Vietnam’s top trading partners, signed and effective from 1 August 2020. .

Mr. Giorgio Aliberti, EU Ambassador to Vietnam spoke at the conference.

“Vietnam is one of the fastest growing economies in the world and a very attractive market”, Mr. Giorgio Aliberti, EU Ambassador to Vietnam, shared. “Nowadays, we can buy and sell online, do procedures quickly thanks to the evolution of digital. With these changes, processes will become less complicated, less time consuming. And EVFTA is a very potential platform for sharing common values, not only economic benefits, but also a solution for both sides to win. “

The EU Ambassador also emphasized that when the COVID 19 pandemic occurs, the importance of digitization is underlined. Even COVID-19 is an opportunity because digitization has been a trend before the pandemic. Currently, Vietnam needs to provide and create the necessary infrastructure to promote digital economy and digital transformation in Vietnam, and the relationship with the EU is the most suitable testing platform, on a EVFTA agreement.

Sharing at the conference, Mr. Jacques Morisset, chief economist of the World Bank in Vietnam, also affirmed that digitization and technology are a trend in the next 10 years. At the same time, he pointed out that the three major trends that will have a huge impact on the economy are globalization (or the regression of globalization); the problem of non-contact and a living honor.

“Vietnam is moving towards a contactless economy and this trend has been driven by COVID-19”, Mr. Morisset confirmed. However, in addition to digital transformation tools, the World Bank’s chief economist also said that there should be strong changes in thinking for Vietnam to form a foundation for development in a digital world in the future: “Digitization is not just about smartphones or computers, but about changing minds.”

EU Ambassador EVFTA is a potential platform to promote digital economy and digital transformation in Vietnam | ICT News

TS. Nguyen Trong Duong, Ministry of Information and Communications.

Also at the event, representatives of the Department of Information Technology, Ministry of Information and Communications discussed strategies and policies to maximize the benefits of international trade agreements such as EVFTA, to promote the digital economy in Vietnam. Vietnam. At the same time, the representative of the Department of Technology Application and Development, Ministry of Science and Technology shared his opinion on strengthening technology and technical cooperation between Vietnam and the EU in order to contribute more to the economy. digital economy and digital transformation in Vietnam as well as improving cooperation between EU Vietnam. Perspectives on the digital economy in Vietnam and the intention to invest in the digital economy in Vietnam were also presented by speakers from VINASA, VIDTI and EuroCham.

In recent years, Vietnam’s digital economy has grown rapidly, making Vietnam the second fastest growing market in Southeast Asia. The digital economy in Vietnam is expected to benefit from the EVFTA Agreement and the impact of the COVID-19 pandemic. In that context, the Roundtable was organized to discuss appropriate actions for Vietnam to benefit the most from digital transformation in the coming years and decades.

This is the second roundtable event out of three roundtable events organized by the Mission with the support of the EU-Vietnam Partnership Promotion Fund (EVPF) until the end of 2020. The final conference will be focus on SME and EVFTA areas, scheduled to be held in early December 2020.

[ Æsir Tales ]
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