Dr Dao Dinh Kha:Blockchain will bring about new projects to the economy development of Vietnam


The Blockchain Festival held by Huobi Pro opened at Gem Center in Ho Chi Minh City, Vietnam on 24, MAY.

Dr Dao Dinh Kha,Director General, Dept of Information Technology, The Ministry of Information and Communication participates the conference and delivers important speech. He says that Blockchain is becoming a more and more popular topic in IT and events. It is expected to add this technology to IT technology to set a new mark and bring about new projects to the economy development of Vietnam in the future.

Following is the full text of Dr Dao Dinh Kha’s address.

Dr Dao Dinh Kha:

On behalf of the organizer, I would like to thank you for your attendance. We will have break time and learn exciting information at the festival. And don’t forget to follow us on Twitter with a hashtag Blockchain festival.

Friends of Vietnam and overseas, today I am very pleased to participate in Blockchain festival in Vietnam. Today the most prominent event, which has attracted great attention from the community and the media so far.

Blockchain is becoming a more and more popular topic in IT and events. It is expected to add this technology to IT technology to set a new mark and bring about new projects to the economy development of Vietnam in the future.

I can see that we have many industry here with us today. And we will be delivering different speeches later on, talking about productivity, and I will share with you some of the areas we are interested in.

Brought us into the industry is the most essential part, Blockchain is considered one of the key technologies in the system.

As you know, ICT development is one of Vietnam’s key focus in the recent year. Vietnam’s IT sector, especially the software industry, has received rewards and recognized in the international market. It is considered one of the driving forces for economy development. The IT sector has received policy from the government of Vietnam, especially taxation and infrastructure incentives.

Due to the economy condition of the country, in the highly competitive space, requiring constant innovation in such a digital economy investment from private sector, both domestically and internationally. They play a crucial part in bringing great interest to Vietnam.

As a head of a government unity, I would like to warmly welcome everyone, organizers, co-hosts, partners, sponsors, media, visitors, delegates and all the members who have coordinated and supported this event.

We are here to listen and ready to exchange ideas with you all. We also recognize that this offers great potential for technology and policies.As you may know, the management mechanism will be different for different organizations. The legal framework will have to deal with accountability, reliability, system efficiency, enforcement in cases, no legal liability or activities happen in the system. These are the keys we need to address in order to protect public interest. In this forum, we would like to hear your views and comments so that our legal framework will be continuously improved with multiple perspectives. In addition to your experience, we would also like to collaborate with your education, research and training on these emerging technologies.

I believe that this festival is our opportunity to distribute ideas. This gives us the opportunity to promote corporation in the IC field, and together we shall create a favorable business environment that is conducive to creative idea, growth, and prosperity. We believe that it can be used creatively with public interests for top results.