Digital transformation – a catalyst for green and sustainable models

VIETNAM, March 22 – HÀ NỘI — Digital transformation is considered a catalyst for many businesses to transform and adapt to green and sustainable models. Recently, dual transformation (green and digital) has been mentioned by the European Union and is an important future trend. Deputy Minister of Planning and Investment Trần Quốc Phương made the statement at a conference on digital transformation – Faster, Smarter, and Greener held in Hà Nội on Tuesday. The National Digital Transformation Programme for 2025, with a vision to 2030, emphasised three main focus points, including digital government, digital economy, and digital society. According to the Ministry of Information and Communications, in 2022, the total revenue of Việt Nam’s IT and telecommunications (ICT) industry reached about US$148 billion, and the digital economy reached 14.26 per cent of GDP. To achieve the goal that, by 2025, the digital economy will account for 20 per cent of GDP under its rapid development scenario. Việt Nam needs to maintain average annual digital economic growth of about 20 per cent, more than three times the projected GDP growth. Phương said that after some decades of rapid growth, Việt Nam has been struggling with major challenges affecting its economic […]

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