An international conference on digital transaction platforms in Asia kicked off in Binh Dinh Province, south-central Vietnam on Wednesday with participation of 130 scientists from 12 countries and territories.

The fifth edition of the event, entitled ‘Digital transaction platforms in Asia,’ was organized at the Interdisciplinary Center for International Science and Education (ICISE) in the provincial capital city of Quy Nhon.

The two-day conference mainly focused on policy management and applications related to the electronic transactions and e-commerce field.

The research results presented at the event will be used to assess the current state of management and development of electronic transactions in both major and emerging economies in Asia, providing profound insight into the field, which is considered as increasingly essential and crucial, especially amid the current push for digital economic and social development.

Associate Professor Adrian Athique from the University of Queensland in Australia, head of the event organizing committee, said the conference served as an opportunity for international and Vietnamese scientists to maintain existing interdisciplinary collaboration networks and initiate new ones.

The event also provided a platform for young Vietnamese scientists, graduate students, and researchers to seek opportunities for learning and gaining experience to enhance their professional capabilities and develop their career paths, he added.

Associate Professor Adrian Athique from the University of Queensland in Australia delivers a speech at the scientific event, February 21, 2024. Photo: Lam Thien / Tuoi Tre

Major countries have witnessed dramatic changes in digital transactions. In Vietnam, cashless payments are increasingly preferred, the University of Queensland scholar shared.

Scientists at the event also talked about how small-business owners and vendors in Vietnam’s rural areas can get easier access to digital transactions without overwhelming the infrastructure system, according to Athique.

Those who seek to engage in e-commerce platforms and digital transactions should learn skills to broaden their customer base and manage and meet customers’ expectations via e-commerce platforms, he suggested.

He highlighted that the central government and banks should take action to ensure digital transactions among local people remain safe, understandable, and trustworthy.

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