Vietnam Blockchain Association and Foreign Trade University join forces

December 23, 2022 | 15:27

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The Vietnam Blockchain Association (VBA) has cooperated with the Hanoi Foreign Trade University (FTU) to hold a cooperation signing ceremony and discuss the role of blockchain in the digital economy in order to provide information and disseminate knowledge for students.

Prof. Bui Anh Tuan, chairman of Hanoi Foreign Trade University shared, “FTU is oriented to become a school of innovation that not only cooperates with the VBA but also with many organisations and businesses here to achieve the common goal of building a strong digital economy."

Signing ceremony of cooperation training in human resources between Vietnam Blockchain Association and Foreign Trade University on December 22,2022

The signing ceremony between the VBA and the FTU on December 22

According to Tuan, the FTU currently teaches social sciences but is oriented to become a multi-disciplinary university, specifically opening up courses on data science, the digital economy, and Fintech.

With a population of nearly 100 million people, Vietnam is considered as having a good digital economy development rate. Currently, Vietnam's digital economy is forecast to reach $52 billion by 2025 thanks to having the leading growth rate in Southeast Asia.

The digital economy is based on digital platforms and technologies such as artificial intelligence, big data, the Internet of things, cloud computing, and blockchain.

Vietnam Blockchain Association and Foreign Trade University join forces

The discussion on the role of blockchain in the digital economy

Therefore, the issue of building a digital economy is of special interest to the government. The 13^th Party Congress set a target that by 2025, Vietnam's digital economy will account for about 20 per cent of GDP.

On March 31, the Prime Minister issued Decision No.411/QD-TTg approving the national strategy for the development of the digital economy and digital society to 2025, with an orientation to 2030.

Prof. Hoang Van Huay, chairman of the VBA stated, “Blockchain is a public database that cannot be changed by anyone in terms of content or history. It can be applied to international trade, economics, education and training, land, and resource management.”

The chairman of the VBA highlighted the three goals of the signing ceremony.

The first is to coordinate the training of human resources in blockchain technology and the digital economy and build curricula for related subjects. The second is to ensure that human resources are professional, highly qualified, and know how to apply what they have learned to the development of the digital economy.

Finally, to cooperate in the field of blockchain research to boost socioeconomic development in Vietnam, especially in relation to international trade.