Under the Politburo's Resolution No.31-NQ/TW on orientations and tasks for the development of Ho Chi Minh City by 2030, with a vision to 2045, Ho Chi Minh City will become a locomotive in terms of the digital economy and digital society. Specifically, the digital economy will account for 40% of its Gross Regional Domestic Product (GRDP) by 2030, Thang said at a seminar entitled “Digital transformation in financial-banking-fintech-personal database” held recently in the city.
    |
 |
|
An overview of the seminar (Photo: thanhuyhcm.vn) |
To this end, the city has issued many policies, focusing on the development of science-technology and innovation, defining them as the two main driving forces to help the locality excel in the future, he said.
Accordingly, attention will be paid to developing key industries and promulgating many policies to support business development activities. Ho Chi Minh City will also continue to invest and effectively exploit technology incubation centres at universities, hi-tech parks and the Quang Trung Software Park to form a sustainable start-up ecosystem.
The city has also implemented many important programs and projects such as the digital transformation program, a project on turning Ho Chi Minh City into a smart city and the one to support the development of businesses and information technology - communication products in the 2020-2030 period, he noted.
Defining 2023 as the year of "digital data," Thang said Ho Chi Minh City will focus on connecting, sharing, exploiting and analysing data for digital transformation. Therefore, a data governance strategy has been issued, focusing on three groups of data, namely those on land and urban areas; people's information and financial-business development. The strategy aims to unlock the potential of data to better serve the activities of municipal public agencies, provide more user-friendly and efficient services to local residents and increase labour productivity and innovation toward the comprehensive and sustainable development of the digital economy.
The promotion of digital transformation is increasingly popular in many provinces and cities as well as ministries and agencies as an indispensable requirement in the development process, experts said.
|
|
 |
|
A corner of Ho Chi Minh City (Photo: thanhnien.vn) |
According to Vu Viet Ngoan, former Chairman of the National Financial Supervisory Commission, Vietnam has made rapid changes in the digitisation of databases, creating a new source of energy for businesses, especially those in the financial and banking sectors.
He predicted that the wave of digital transformation will continue to take place strongly in the banking and finance sector, adding that most banks have carried out a digital transformation program. The development of technology poses challenges to banks in terms of customer experience requirements, but it is also a driving force for the banking industry, Ngoan said.
Source: VNA