From Plan to Action: Vietnam’s Pursuit of Valuable Data in the Age of Digital Transformation

In this modern era, digital data has emerged as the most important, valuable, and virtually limitless resource for any country. The Minister of Information and Communications, Nguyen Manh Hung, has emphasized that successes in creating and effectively exploiting data are at the core of a successful digital transformation. However, despite its growing recognition, the current state of digital data in Vietnam presents various challenges and opportunities for improvement.

Status of Digital Data in Vietnam

The National Digital Transformation Authority has recently released a report shedding light on the state of digital data in Vietnam. Among the eight main criteria focusing on digital data, it was highlighted that five have yet to reach even half of the set targets. This indicates a significant gap between the envisioned progress and the current reality. Additionally, the report reveals that in August 2023, only 14 percent of ministries and provinces offered data sharing on an integrated platform, significantly missing the target of 100 percent that was set for this year.

Recognition and Strategy for Data in Vietnam

Despite the challenges, there is a growing recognition of the importance of digital data in Vietnam. It is crucial to establish a national strategy to effectively develop and exploit this valuable resource. Such a strategy should clearly define the roles of various ministries, state agencies, and localities in the process. By establishing comprehensive guidelines and shared objectives, the nation can harness the full potential of digital data for its digital transformation journey.

Categorization and Legal Regulations

To ensure the safety of information, cost savings, and efficient operation of governmental units, it is imperative to prioritize the precise categorization of data. A systematic approach to categorizing data can enhance its security, accessibility, and usability. Furthermore, there is a need for legal regulations that define the types of data to be accessed exclusively by the state, ministries, and local authorities, as well as the types that can be shared and accessed by the public. These regulations will not only safeguard sensitive information but also promote transparency and accountability.

Data Processing and Exploitation

While acknowledging the value of digital data, it is essential to recognize that data processing and exploitation are of paramount importance. Raw data alone cannot bring about significant advancements; it is through advanced analytics, interpretation, and utilization that data truly becomes a valuable resource. By adopting technologies like artificial intelligence, machine learning, and data analytics, Vietnam can unlock powerful insights and drive innovation across various sectors.

The digital data resource is undoubtedly meant to be shared and utilized to create even more beneficial value. It is imperative to direct these efforts towards serving citizens, businesses, and the government better. By acknowledging the significance of digital data, implementing a national strategy, establishing clear roles, and enacting comprehensive legal regulations, Vietnam can harness the full potential of digital data for its digital transformation agenda. Moreover, by focusing on data processing and exploitation, the nation can unlock new avenues for growth, efficiency, and innovation.

Explore more

Revolutionizing SaaS with Customer Experience Automation

Imagine a SaaS company struggling to keep up with a flood of customer inquiries, losing valuable clients due to delayed responses, and grappling with the challenge of personalizing interactions at scale. This scenario is all too common in today’s fast-paced digital landscape, where customer expectations for speed and tailored service are higher than ever, pushing businesses to adopt innovative solutions.

Trend Analysis: AI Personalization in Healthcare

Imagine a world where every patient interaction feels as though the healthcare system knows them personally—down to their favorite sports team or specific health needs—transforming a routine call into a moment of genuine connection that resonates deeply. This is no longer a distant dream but a reality shaped by artificial intelligence (AI) personalization in healthcare. As patient expectations soar for

Trend Analysis: Digital Banking Global Expansion

Imagine a world where accessing financial services is as simple as a tap on a smartphone, regardless of where someone lives or their economic background—digital banking is making this vision a reality at an unprecedented pace, disrupting traditional financial systems by prioritizing accessibility, efficiency, and innovation. This transformative force is reshaping how millions manage their money. In today’s tech-driven landscape,

Trend Analysis: AI-Driven Data Intelligence Solutions

In an era where data floods every corner of business operations, the ability to transform raw, chaotic information into actionable intelligence stands as a defining competitive edge for enterprises across industries. Artificial Intelligence (AI) has emerged as a revolutionary force, not merely processing data but redefining how businesses strategize, innovate, and respond to market shifts in real time. This analysis

What’s New and Timeless in B2B Marketing Strategies?

Imagine a world where every business decision hinges on a single click, yet the underlying reasons for that click have remained unchanged for decades, reflecting the enduring nature of human behavior in commerce. In B2B marketing, the landscape appears to evolve at breakneck speed with digital tools and data-driven tactics, but are these shifts as revolutionary as they seem? This