The growth model relying heavily on capital and low-cost labor is gradually showing its limitations, while science and technology, AI, semiconductors, blockchain (a decentralized digital database), and digital assets are opening up new growth opportunities. However, turning these potentials into real resources requires a shift in institutional thinking from passively managing problems as they arise to proactively creating space for development.

If the past 5 years were a period of building a ‘data reservoir’, the next 5 years will be a time of forming a ‘data power plant’, where data is not only stored, but also harnessed to create new values. This also requires management agencies to shift from a mindset of managing data to the one of exploiting and promoting its values, bringing heritage closer to the public while opening new opportunities for economic development based on heritage.

In the framework of Hue Digital Transformation Week 2023 – “Creating digital data – promoting regional connectivity” held by the Provincial People’s Committee in collaboration with the Vietnam Software & IT Services Association (VINASA), the opening ceremony of the exhibition featuring typical digital technology platforms and solutions took place on the morning of December 14 at Song Huong Theater.