Experience of Korea and China in Developing Digital Economy - Lessons for Vietnam

Authors

  • Thị Tường Vân Phạm

Keywords:

Abstract

Digital economy has given rise to a number of new business models providing digital products and services or service support for businesses, thanks to a range of new technologies in the context of the Fourth Industrial Revolution (Industry 4.0). In particular, businesses renovate production and business processes into ecosystem models in which production, trade and consumption are linked together, which also leads to labor productivity growth. The success of international models can be a lesson for Vietnam. The paper discusses the digital economy of South Korea and China, from which offers some recommendations for Vietnam.

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Author Biography

  • Thị Tường Vân Phạm

    TS., Viện Chiến lược và Chính sách tài chính, Bộ Tài chính. 

Published

2021-10-08

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