Launching the "World Development Report 2016: Digital Dividends" workshop (Source: vov.vn)
Hanoi (VNA) – 🌠The World Bank (WB) announced its World Development Report 2016: Digital Dividends in Hanoi on March 14.
The report underscored the need to roll out development strategies for digital technologies with broader vision than those of information and communications (IT).
It said the full benefits of the IT transformation will not be realised unless countries continue to improve their business climate, invest in people’s education and health, and promote good governance.
In countries where these fundamentals are weak, digital technologies have not boosted productivity or reduced inequality. Countries that complement technology investments with broader economic reforms reap digital dividends in the form of faster growth, more jobs and better services, the report noted.
Addressing the ceremony, WB Country Director to Vietnam Victoria Kwakwa said digital technologies have spread rapidly in much of the world.
In many instances, digital technologies have boosted growth, expanded opportunities and improved service delivery, she said.
According to Kwakwa, the report suggested countries work on the “analog complements” – strengthening regulations that ensure competition among businesses, adapting workers’ skills to the demands of the new economy, and by ensuring that institutions are accountable, in order to get the most out of the digital revolution.
Deputy Prime Minister Vu Duc Dam affirmed that the Vietnamese Government encourages the development of digital technologies, as evidenced through the country’s favourable legal climate for digital technologies.
IT has helped people from all walks of life, especially those in far-flung areas and the poor, have more opportunities to exercise their rights to mastery, the official said.
He called on businesses to apply IT in their operation and the public to increase their access to IT in their daily lives.
IT firms, particularly, should give importance to social responsibilities in order to develop together, he said.-VNA
Calling for greater urgency to end extreme poverty, World Bank Group President Jim Yong Kim announced on October 9 that the World Bank has set an interim target to reduce global poverty to 9 percent in 2020, which, if achieved, would mark the first time the rate has fallen into the single-digit level.
Cambodia , with economic growth forecast at 7.2 percent in 2014, will be one of the countries recording the highest growth in Southeast Asia , according to the World Bank (WB).
The World Bank (WB) expects Vietnam’s economic growth to hover around 6-6.2 percent in 2015, underpinned by further recovery in domestic demand, robust private consumption and investment growth.
Vietnam's gross domestic product growth is forecast to reach 6 percent this year, gradually increasing to 6.5 percent in 2017, according to the World Bank.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Launching the "World Development Report 2016: Digital Dividends" workshop (Source: vov.vn)
