03.09.2021, 15:59

Prime Minister Promotes Digital Economy Development At Global Summit

The Vietnamese Prime Minister made five specific proposals to promote international cooperation in the field of technology.


Prime Minister Promotes Digital Economy Development At Global Summit

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Prime Minister Pham Minh Chinh attends and delivers a speech at the 2021 Global Trade in Sevices Summit via video (Photo: VNA)

Prime Minister Pham Minh Chinh delivered a speech at the 2021 Global Trade in Services Summit via video on September 2 evening, highlighting the promotion of cooperation in digital transformation given the current context.

The PM said that in the context that countries are suffering impacts of the Covid-19 pandemic, climate change, and resource depletion, promoting international cooperation in the field of digital technology is the key to helping countries transform their growth models, better exploit resources, promote flows of capital, goods, and services, thereby creating a new driving force for economic growth, and ensuring sustainable, inclusive and comprehensive development.

He emphasized that Vietnam’s potential for digital economic development is enormous as the country is a dynamically developing economy in ASEAN, has a network of 17 Free Trade Agreements (FTA) with over 60 partners, and is a market of nearly 100 million population, most of whom are young and quickly adapting to digital technology, according to VNA.

To promote international cooperation in the field of technology, the Vietnamese Prime Minister made five specific proposals, VOV reported.



Chinese President Xi Jinping hosted the event (Photo: Xinhua)

Firstly, he said countries need to take advantage of digital transformation to accelerate the fulfillment of the United Nations Sustainable Development Goals 2030, which focus on narrowing the development gaps and social inequality between countries, creating conditions for people in underdeveloped areas to have equal access to services provided on digital platforms.

Secondly, he recommended further strengthening the role of international cooperation agreements on digital technology so that the digital economy develops strongly and in the right direction, while at the same time it ensures cyber security and safety, guarantees privacy, fights monopoly, and eliminates inequality in the implementation of tax obligations.

Vietnam is willing to work alongside other countries to build an appropriate legal framework in order to help the digital economy develop strongly, contribute and harmonize with the common interests of the whole society, he stressed.

Thirdly, according to Chinh, it is imperative to strengthen international cooperation in the education and training of human resources in the field of science and technology, supporting employees to gradually adapt to digital technology.

Fourthly, he suggested promoting the role of digital technology in trade facilitation, especially the movement of goods by multimodal transport, creating favorable conditions for people’s travel, and ensuring the supply chain is not disrupted in the context of the Covid-19 pandemic.

Last but not least, he said countries need to strengthen cross-border e-commerce on the basis of equality and mutual benefit, thereby helping promote exports, especially for seasonal agricultural and aquatic products.

The Global Trade in Services Summit 2021 opened in Beijing, China, on September 2 as part of the China International Fair for Trade in Services (CIFTIS) 2021. CIFTIS2021 is the largest of its kind with the participation of more than 700 enterprises inside and outside China. There are 15 related conferences and forums within the fair’s framework. This is the first time Vietnamese enterprises have joined the event in both direct and online formats.





Valerie Mai

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