Digital economy worth $53 bln in Q1

By Quang Tue   April 29, 2022 | 03:00 am PT
Digital economy worth $53 bln in Q1
Shippers pick up deliveries during Covid-19 lockdown in HCMC, Sept. 16, 2021. Photo by VnExpress/Quynh Tran
Revenues from the digital economy are estimated at US$53 billion in the first quarter, according to the Ministry of Information and Communications.

The number of digital firms increased by 0.75 percent to 65,329 in the first two months of this year, the Ministry of Planning and Investment said.

At a meeting of the National Committee on Digital Transformation Wednesday, Prime Minister Pham Minh Chinh said digital transformation should be a priority for the nation as it is "a driving force for innovation and a basis for a modern economy".

He pointed to some persisting problems like poor online public services, low rate of users and online processing of documents by authorities, ineffective data sharing between agencies, and insufficient resources for transformation.

He called for greater focus on digital transformation, innovation and adoption of new technologies to effectively roll out plans and strategies to achieve a digital economy, government and society.

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