Open data and AI - the engine of economic growth

Jun 10th at 08:11
10-06-2023 08:11:07+07:00

Open data and AI - the engine of economic growth

Data was the new, most important and inexhaustible input, a new driving force for transformation, economic development, and a new way to improve management capacity, said Nguyen Huy Dung, Deputy Minister of Information and Communications, at an international conference on open data and AI.

Experts speaking at the conference. — Photo baothuathienhue.vn

The Ministry of Information and Communications coordinated with the People's Committee of Thua Thien – Hue Province and the World Bank to organise an international conference on open data and AI for economic growth in Hue City on Thursday.

The conference aims to exchange and comment on the role of open data and the development trend of artificial intelligence (AI) in the world, thereby identifying challenges, proposing specific actions to develop open data, promote the development and application of AI to create a driving force for economic growth.

This year was the year of National Digital Data in Viet Nam, said Dung.

Currently, around the world, governments have realised that public data is a valuable resource and needs to be exploited effectively.

Opening and sharing data would help promote innovation, economic and social development as well as strengthen cooperation between the Government and businesses – people, said the Deputy Minister. 

Bizhub





NEWS SAME CATEGORY

PM calls for greater VN-UAE economic cooperation

Prime Minister Pham Minh Chinh has called for greater economic cooperation between Viet Nam and the United Arab Emirates (UAE), particularly in the conclusion of...

Da Nang improves investment attraction quality

The central city of Da Nang is working to build a business environment conducive for investors, based on the pillars of hi-tech industry, tourism and sea-based...

PM urges greater efforts to accelerate administrative reforms

The most effective competitive advantage for Vietnam's economy is creating a favorable business investment environment free of legal barriers.

Thua Thien - Hue grants licenses to 9 projects

Since the beginning of the year, nine new projects have been granted investment approval by Thua Thien - Hue Province with a total investment of more than VND2...

January-May unemployment, underemployment affect 500K+ workers in Vietnam

A total of 509,903 workers experienced adverse effects on their employment, including job loss, job termination, reduced working hours, temporary suspension of...

Vietnam’s GDP growth ranges 5.8 - 6.9% in 2023-24: int’l organizations

Vietnam may achieve an economic growth of 5.8 percent at least in 2023 and 6.9 percent at most next year, but there remain a lot of challenges to overcome...

May data shows Viet Nam still has long way to go: HSBC

While Viet Nam’s May trade data point to no further deterioration, there is still a long way to go to see a meaningful rebound in its trade cycle, HSBC said in a...

Foreign investors buying up local businesses

As they struggle with the growing burden, numerous businesses are offering to sell almost all of their properties and other assets.

Viet Nam-Shandong investment and trade promotion conference opens

A conference on trade and investment promotion and economic cooperation between Viet Nam-Shandong (China) opened in Ha Noi on June 1.

Investors urged to build resilient ESG-centered financial ecosystem

Investors are under more pressure than ever to develop portfolios that are fit to tackle market volatility and embody their ethical values while meeting Viet Nam’s...


MOST READ


Back To Top