Deputy PM calls on businesses to apply information technology
The World Bank (WB) in Vietnam held a ceremony to reveale its World Development Report 2016: Digital Dividends in Hanoi on March 14.
The report showed that the internet, mobile phones and other digital technologies have created benefits through the promotion of development, expanding opportunities and enhancing services.
According to the report, number of internet users worldwide has increased more than three times since 2005, however at present, 4 billion people have still had no access to the internet.
The report underscored the need to roll out development strategies for digital technologies with broader vision than those communications and information technology (IT).
To implement fully the development strategies for digital technologies, the WB proposed two key activities: eliminating the digital gap and strengthening the management of each nation to ensure healthy competition among businesses.
The report pointed out that in order to maximize benefits of IT transformation, countries should continue to improve their business climate, invest in people’s education and health, and promote good governance.
It noted that in nations 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,
According to the WB, digital technologies have spread rapidly in much of the world, boosted growth, expanded opportunities and improved service delivery.
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.
Investments in basic infrastructure, reducing business's costs, removing trade barriers, supporting start-up businesses, and facilitating competition in the field of digital technologies were one of key measures proposed in the report. Such solutions will help businesses improve productivity and promote innovation.
Speaking at the event, 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.
The Deputy Prime Minister called on businesses to apply IT in their operation and the public to increase their access to IT in their daily lives.
At the conference.
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The report underscored the need to roll out development strategies for digital technologies with broader vision than those communications and information technology (IT).
To implement fully the development strategies for digital technologies, the WB proposed two key activities: eliminating the digital gap and strengthening the management of each nation to ensure healthy competition among businesses.
The report pointed out that in order to maximize benefits of IT transformation, countries should continue to improve their business climate, invest in people’s education and health, and promote good governance.
It noted that in nations 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,
According to the WB, digital technologies have spread rapidly in much of the world, boosted growth, expanded opportunities and improved service delivery.
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.
Deputy PM Vu Duc Dam makes a speech at the event.
|
Speaking at the event, 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.
The Deputy Prime Minister called on businesses to apply IT in their operation and the public to increase their access to IT in their daily lives.
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