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Billionaires Truong Gia Binh and Nguyen Duy Hung talk about data and blockchain.

Báo Dân tríBáo Dân trí03/12/2024

(Dan Tri Newspaper) - Mr. Truong Gia Binh emphasized that Vietnam has a strong position and is shining on the world technology map. According to Mr. Nguyen Duy Hung, technology and blockchain "have penetrated every corner of every family."


Vietnam holds a strong position and is shining on the world technology map.

Speaking at the Vietnam Tech Impact Summit 2024 held on the morning of December 3rd, Mr. Truong Gia Binh, Chairman of the Board of Directors ofFPT Group, stated that the world is experiencing unprecedented changes, from geopolitical crises to disruptions in supply chains.

"Vietnam is becoming the safest haven amidst the global geopolitical storm," he emphasized.

The Chairman of FPT believes that with increasingly developing diplomatic relations with major powers and a solid position in the region, Vietnam is becoming an attractive destination. "Vietnam has a strong position and is shining on the world technology map," he said.

The Chairman of FPT believes that data is the essential fuel of the digital economy (Video: Minh Quang).

Mr. Truong Gia Binh also emphasized that data has become the most important fuel for any economy. "If I had to choose one word, I would choose data," he stressed.

AI, blockchain, and other digital technologies all rely on data for development. However, Mr. Binh also warned that data only realizes its value when it is properly managed and supported by appropriate policies.

"Vietnam has the potential and strength to shine on the global technology map. But to achieve that, we must take action and commit ourselves today," Mr. Truong Gia Binh affirmed.

Digital assets are borderless; a legal framework is a prerequisite.

Sharing the same view, Mr. Nguyen Duy Hung, Chairman of SSI Securities Corporation, also emphasized that technology and blockchain are no longer distant concepts but have "entered every corner of every family."

Digital assets are no longer a foreign concept but have become an indispensable part of the global financial system. Pioneering countries in this field not only foster innovation but also build strategic positions in the global economy.

According to Forbes research, Vietnam currently ranks second in the world in terms of ownership and interest in digital assets. Mr. Hung believes that the development of blockchain applications is clear evidence of the potential and creativity of domestic businesses.

Mr. Nguyen Duy Hung believes that technology companies need not only capital, but also a stable legal environment (Video: Minh Quang).

However, Mr. Hung also frankly pointed out the major challenges that the Vietnamese market is facing.

"This isn't just a story about technology, it's a story about the ecosystem," he said. He argued that Vietnam still lacks a clear legal framework to support investors and businesses in developing confidently, avoiding the risk of fraud, and protecting their legitimate rights.

He compared it to this: "Tangible assets have borders and customs. But digital assets do not." Therefore, a transparent legal framework is needed to manage them, helping Vietnamese businesses avoid having to go abroad like Singapore to establish themselves and have their assets legally recognized.

He also emphasized that technology companies need not only capital but also a stable legal environment. "We want to invest money to support businesses, but we don't know how if there's a lack of a clear legal framework," Mr. Hung shared.

The Chairman of SSI believes that if Vietnam does not build a strong and sustainable market starting today, the great opportunity in digital assets will be missed and "it is unknown when another opportunity will come again." "If no one lights the fire today, there will be no fire," he emphasized.

He argued that Vietnam needs a legal framework to ensure that innovators, investors, and the entire technology ecosystem can confidently thrive. Only then can Vietnam truly become a powerful technology hub, not only in the region but globally.



Source: https://dantri.com.vn/kinh-doanh/2-ty-phu-truong-gia-binh-nguyen-duy-hung-noi-ve-du-lieu-blockchain-20241203130120288.htm

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