Digitalization of the Vietnamese Economy: Opportunities & Challenges
This presentation delves into the digitalization of the Vietnamese economy, exploring the potential advantages and hurdles it brings. It discusses emerging digital opportunities for consumers, government, and businesses, as well as the impact of e-learning and the rise of digital applications. The document highlights the mounting challenges faced by Vietnam, such as the need for significant investments in infrastructure, technology adoption, and digital skill development. It also points out regulatory issues that hinder the growth of the digital economy in the country.
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Presentation Transcript
Digitalization of the Vietnamese Economy: Opportunities & Challenges Alice Pham 23.08.2018 Bangkok, Thailand
Emerging Digital Opportunities Consumer Government Business
Mounting Challenges The country needs to put in huge investment to develop the infrastructure base, adopt new technologies, and inculcate digital skills amongst the labour force so as to bridge the remaining digital divide. The digital economy not only disrupts traditional markets, it also has a disruptive impact on regulations. Vietnam s regulatory framework is faced with three broad groups of problems: Lack/absence of necessary regulations to govern different aspects of the digital economy Discriminatory regulations might slow down the development of the digital economy and Certain existing or prospective regulations are not appropriate for the dynamic digital markets
Mounting Challenges (Contd) Consumer Government Business
The Way Forward Infrastructure Human Capital Regulatory Framework
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