Digital Economy

It is time for us to consider digital data as the core of the digital transformation process, as the data economy has been and continues to bring many economic and social benefits to countries, people, and businesses worldwide.

The process of socializing clean water has not been accompanied by the development of a reasonable market structure for clean water services, leading to ineffective private sector investment in this field.

This is one of the prominent issues that need to be addressed in the Draft Revised Cinema Law.

From the perspective of the public sector, cloud computing is seen as an essential technological infrastructure to meet the needs of governance, connection, and data sharing within state agencies, as well as paving the way for open data to the public.

The digital economy (DE) has taken shape and is developing rapidly. The Asia-Pacific region is emerging as a central market and a new driver of growth. Global production and supply chains, for decades, have also focused on Asia, including China, India, Southeast Asia, and South Asia, which host the world’s main factories and workshops. Naturally, Vietnam is part of this global game.

The gaming industry has shifted its focus from producing high-end hardware or consoles to developing engaging and long-lasting gaming content on cloud platforms.

The current draft of the Advertising Law (amendment) mainly focuses on content control and does not recognize advertising as a service industry with a complete supply chain. This results in regulations that are not suitable for each individual or organization involved in this service supply chain. Therefore, it is essential to shift the approach from viewing advertising as a cultural field to recognizing it as a commercial service in order to design legal regulations that align with the actual development of the industry.

• Online advertising involves advertisers, intermediaries, and consumers, with intermediaries enabling programmatic ads.

• They shouldn't be liable for user content but should assist authorities.

• Authorities must tackle false advertising and consider collective lawsuits for affected users.

• Benefits and Risks of Credit Scoring: Credit scoring algorithms help financial institutions reduce processing time and risks, but they can also infringe on customer privacy and equality.
• Legal Loopholes: Regulations in Vietnam regarding personal data protection and ensuring equal treatment in credit scoring are still incomplete, making implementation difficult.
• Proposed Solutions: It is necessary to improve legislation, establish ethical guidelines for the use of AI, and ensure transparency and fairness in the scoring process to protect customer rights.