Digital economic development

Over the years, the province has implemented a number of policies to promote the transformation of telecommunications infrastructure into digital infrastructure, as a premise to beef up the development of digital government, digital economy and digital society. Digital infrastructure with the core component of broadband telecommunications infrastructure has been connected to each household and individual; cloud computing infrastructure, identity and digital authentication platform have been prom...

Over the years, the province has implemented a number of policies to promote the transformation of telecommunications infrastructure into digital infrastructure, as a premise to beef up the development of digital government, digital economy and digital society. Digital infrastructure with the core component of broadband telecommunications infrastructure has been connected to each household and individual; cloud computing infrastructure, identity and digital authentication platform have been prom...

Applying digital technology to operate machinery system at Viet Nhat HTVJ Industrial Joint Stock Company (Pho Noi Textile and Garment Industrial Park)

The whole province now has more than 3,000 enterprises with production and business activities related to digital transformation; nearly 400 enterprises whose main business is electronics, telecommunications and information technology. These are the cores that create a clear change in digital transformation in production and business activities. Since then, the digital economy has been formed and developed.

Previously, transactions were mainly done by traditional methods from traditional markets, but now, electronic transactions have developed strongly. E-commerce has made clear changes, is widely used and applied in state management agencies and businesses, contributing to improving efficiency in management, administration and production and business activities, socio-economic development. The province has built an e-commerce platform (http://ecomhungyen.vn). Currently, on the electronic trading floor of the province, there are 60 businesses, organizations and individuals registering to participate with over 150 products displayed and sold. In addition, many organizations and individuals producing and trading goods actively and proactively participate in e-commerce platforms such as: shopee; sendo, voso, postmart… Mr. Bui Xuan Tam, Director of Ne Chau Longan Cooperative (Hung Yen city) shared: Besides focusing on improving product quality, from 2021, we have introduced products. The main brand of the cooperative is listed on e-commerce and social networks to introduce and advertise products to a large number of consumers across the country and abroad. As a result, the brand and reputation of the cooperative are constantly reaching out, contributing to promoting product consumption as well as improving product value in the market. Many products of the cooperative have been consumed in supermarkets, commercial centers, shops selling and introducing products across the country.

According to a report of the Department of Information and Communications, the province now has more than 10,000 businesses, cooperatives and business households participating in e-commerce trading floors with over 180,000 products and nearly 11 million transactions/year. The revenue in 2022 from business activities on e-commerce platforms has reached over 1.1 trillion VND.

Electronic payments also evolved to support electronic transactions. Currently, most electricity and telecommunications service providers accept payment of service fees via electronic means. In addition, modern supermarkets, shopping malls and distribution facilities use cashless payment methods. The majority of consumers have turned to online shopping through e-commerce platforms, social networks, sales e-commerce applications and sales e-commerce websites... Especially since the outbreak of the Covid-19 epidemic until now, consumers tend to increase online shopping and online payment. Payment methods in e-commerce are diverse and convenient for both businesses and consumers such as: collection service of postal businesses (COD service), payment via bank account, e-commerce wallet, credit cards... have created favorable conditions for e-commerce to thrive. The province now has about 86% of the population having a bank account; nearly 60% of enterprises build websites to introduce their businesses and products; 100% of businesses pay taxes electronically, use electronic invoices... This is proof that the digital economy is growing.

Representative of Pho Hien green agricultural cooperative (Hung Yen city) liestreams selling agricultural products on e-commerce platform voso

Although there have been positive changes, the province's digital economy still has limitations and has not really become a driving force for socio-economic development. The number of enterprises operating in the field of information technology to support transformation is small, so it has not been able to provide much support to localities and businesses in digital transformation; e-payment infrastructure, human resources for e-commerce and technology are still limited... According to the Digital Transformation Project of Hung Yen province in the period of 2021 - 2025, with a vision to 2030, the province strives to 2025, digital economy accounting for 20% of GRDP (gross product in the area); the proportion of the digital economy in each industry or field shall reach at least 10%; average annual labor productivity increases by at least 7%; there are 500 digital enterprises… By 2030, the digital economy will account for 30% of GRDP; the proportion of the digital economy in each industry or field shall reach at least 20%; annual labor productivity increases by at least 7.5%; strive to have more than 1,000 digital businesses… Comrade Bui Van Sy, Director of the Department of Information and Communications said: To achieve the above goal, the province determines to boost the development of the digital economy with a focus on digital technology business development, provide digital technology products, creative industries, platform economy, sharing economy, e-commerce and smart manufacturing... thereby promoting digital transformation in businesses, improving the competitiveness of enterprises and the economy. To focus on promoting propaganda and popularization of e-commerce applications and building e-commerce infrastructure and platforms. To develop a plan to beef up electronic payment in the province. To support, provide knowledge, digital solutions, digital transformation processes for businesses and build mechanisms and policies to encourage and promote businesses to participate in digital transformation ..

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