MIC promotes investment and trade in ICT with 11 Latin American countries

October 30, 2020 | 10:20 am GMT+7

With the theme "Vietnam - Latin America Digital Connection", the virtual Vietnam - Latin America ICT Trade Investment Promotion Conference was organized on October 29.


 The conference was coordinated by the Ministry of Information and Communications with 11 embassies of Latin American countries in Hanoi including Argentina, Brazil, Chile, Colombia, Cuba, Haiti, Mexico, Panama, Peru, Uruguay and Venezuela.

The conference aims to promote connections between Vietnam and other countries in the US - Latin region - an area that has a long geographical distance but still has great potential. In particular, in the context that the Covid-19 epidemic, the use of digital platforms and the industrial revolution 4.0 is really a driving force and an effective tool for countries to get closer together.
Speaking at the Conference, Deputy Minister of Information and Communications Phan Tam said: if Vietnam and Latin America countries capture and maximize the advantages of digital technology, the space gap will be reduced, the cooperation and partnerships will be strengthened. Small traders can sell their goods on e-commerce platforms to customers whether they are in Latin America or Vietnam.
Also thanks to digital technology, patients receive better treatment with virtual tools, remote medical services through high-speed 5G network. This is changing the way patients are being treated, regardless of their locations.
 In Vietnam, thanks to the timely application of digital technology, Vietnam is among the very few countries in the world recording GDP growth of nearly 2% in the first half of 2020 and successfully maintaining a "new normal", while the pandemic is well under control.
Vietnam is determined to develop a digital economy and widely apply digital technology in all fields. In June 2020, the Prime Minister signed a Decision approving the National Program for Digital Transformation, paving the way for the formation of a digital government, digital economy and digital society by 2025.
Vietnam wishes to provide competitive opportunities to make Vietnam the best destination in the region for digital businesses. Vietnam especially encourages foreign technology companies to cooperate with Vietnamese partners in areas such as IoT, AI, big data, blockchain, virtual reality, cybersecurity, Fintech, 3D printing, 5G ecosystem, etc.
The Deputy Minister also informed the participants: Vietnam's ICT sector is transforming strategically from outsourcing to creating, designing and manufacturing digital products within the framework of the campaign "Make in Vietnam".
In that context, Deputy Minister Phan Tam believes that this is the right time for Latin American technology enterprises to explore and invest in the Vietnam market.
In the framework of the forum, Vietnamese ICT enterprises introduced “Make in Vietnam” products such as Viettel introduced 5G base station gNodeB, online billing system vOCS 4.0, Vessel monitoring device. VNPT introduces e-government products, VNPT eKYC, ... Bkav introduces security cameras integrated with AI, Bphone, etc.
Also at the Conference, the National Information Network on Science, Technology and Technological Innovation in Peru introduced the Perú Cris project. The project aims to consolidate and manage academic and scientific information across Peru, to generate statistics to support decision-making at institutional, regional, industry and national levels.