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Saturday, August 20 2022
Tiếng Việt
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Date 14/04/2022-16:41:00 PM
Deputy Minister Tran Duy Dong works with Visa INC.
(MPI) - Deputy Minister Tran Duy Dong had a meeting with Visa Country Manager for Vietnam and Laos Dang Tuyet Dung in Hanoi on April 14.
DM Tran Duy Dong (center) and Ms. Dang Tuyet Dung. Photo: MPI

The meeting is to enhance the MPI and Visa’s cooperation to further intensify innovation and digital transformation in the public sector of Vietnam. The Vietnamese Government particularly pays attention to innovation and has specific directions such as implementing a national population database and providing public services and administrative procedures for people.

The Prime Minister issued the Decision No. 1269/QD-TTg dated October 2nd, 2019 on establishment of Vietnam National Innovation Center (NIC) - an affiliated unit of the MPI to support and develop the startup ecosystem and innovation. The MPI has advised the Government on strategies and socio-economic development plans as well as resource allocation and foreign direct investment attraction.

Photo: MPI

Updating on the operation of Visa INC, Country Manager Dang Tuyet Dung said that Visa is the world’s leader in digital payments, currently providing payment transaction between costumers, businesses, financial institutions and government agencies in over 200 countries/territories. Visa’s payment solutions are focused on supporting the needs of Government such as disbursement, payment and regular one such as benefits, loans, grants, pensions and tax refunds; payment for commercial purchases; digital transformation promoted and efficiency improved of the public sector pay.

Visa places innovation centers in the US, UAE, Singapore, etc to do research, develop new products, fully simulate the customer’s experiences as well as support the digital transformation for businesses and government agencies, aiming to bolster payment for the economy’s supply chain.

Highly valuing Visa’s outstanding activities and transparency in the public sector, DM Dong asked the Visa and NIC open up cooperation opportunities and coordinate in building innovation capacity and an innovation index in the public sector; support businesses in innovation and implement digital transformation programs for businesses in the NIC ecosystem./.

Bao Linh
Ministry of Planning and Investment

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