The Hanoitimes - Digitalization is an opportunity for Vietnam to leapfrog and become an industrialized nation very soon. Digitalization – the best way to help Vietnam obtain SDGs, UNDP says It’s time for Vietnam to use ICT for better accessibility to public sector Vietnam has experienced more than two decades of connecting to the Internet and joined the race of digital transformation around the globe. Illustrative photo Connected to the Internet in 1997, Vietnam has demonstrated a fast change in socio-economic development to rank itself among the 20 countries with the largest numbers of Internet users in the world. Vietnam has witnessed a steep rise in Internet, smartphone, and social media adoption in the last decade. As one of the fastest growing economies in the region, the country is intent on maximizing the opportunities presented by the Fourth Industrial Revolution, with e-government initiatives located at the heart of the public sector … [Read more...] about How digitalization transforms Vietnam?
Digital transformation initiatives
Viet Nam News HCM CITY — Vietnamese businesses have been urged to embrace digital transformation to remain competitive and enhance their value. Speaking at a seminar on digital transformation held on March 21 in HCM City, Phí Anh Tuấn, deputy chairman of the city’s Computer Association (HCA) and CEO of PAT Consulting Ltd, said: “Businesses need to change their mindset or they will lose in the digital world.” Changing from traditional models to new technologies such as Big Data, the Internet of Things (IoT) and cloud computing will enhance production efficiency, he said. Digitisation changes operational and leadership methods as well as work processes and corporate culture. It can help enterprises increase their revenue by 30 per cent while cutting costs by 30 per cent, according to experts. Phan Thanh Sơn, technology director at FPT, said Việt Nam was using digital transformation in e-government, smart city … [Read more...] about Digital transformation needed to keep competitive
VietNamNet Bridge - The cost for applying high technologies is becoming more affordable, which gives more opportunities to businesses to speed up digitalization of their production and business. Tran Ha Thanh, technology director of Techcom Securities (TCBS), said TCBS has decided to use Microsoft Azure, a cloud computing service, after a long trial use period. The solution will help TCBS analyze data in depth, which will provide important information to the company’s managers to make reasonable and timely decisions. It also serves TCBS’s goal of developing a technological platform to provide services to 1 million customers by 2020. According to Thanh, a friendly easy-to-use platform and high data security level are the two most important characteristics of an app. Businesses have been advised to choose the hybrid cloud, the environment that combines private (enterprise) clouds and public clouds, which can take full advantage of enterprises’ existing … [Read more...] about Businesses willing to spend big money on digital transformation
Viet Nam News HÀ NỘI — Increasing profit a few hundred per cent, saving billions of dollars in technology costs, operating complex data systems in real time, transforming appropriate business models, improving operational efficiency and personalising customer experience on large-scale digital platforms at fast speed were the benefits of digital transformation, said Dr. Phương Trầm, FPT head consultant on digital transformation and former DuPont CIO at a seminar in Hà Nội this week. Digital transformation in organisations and businesses is the process of changing from traditional models to digital enterprises by applying new technologies such as Big Data, the Internet of Things (IoT) and cloud computing. It also changes operation and leadership methods, working processes and corporate culture. Digital transformation brings many benefits such as cutting operating costs, reaching more customers in a shorter time, quicker and more accurate … [Read more...] about Vietnamese enterprises to boost digital transformation
A panel discussion on digital transformation during the Industry 4.0 era was held in HCM City on September 20 by the Association of Vietnam Scientists and Experts, the HCM City Institute for Development Studies and Quang Trung Software City. — VNS Photo Viet Nam News HCM CITY — Digital transformation is a vital step for businesses to stay afloat in the Industry 4.0 era, a seminar heard in HCM City on Thursday. Đào Trung Thành, chief technology officer of Media Ventures Vietnam Group, said studies show that while 90 per cent of CEOs believe the digital economy would have a major impact on their industry, less than 15 per cent are funding and executing digital transformation plans. Digital transformation is being driven by a set of technology mega trends like mobility, hyperconnectivity, super-computing and real-time big data analytics, and cloud computing. “If we do not transform, our company may not exist after the next few years,” he said. … [Read more...] about Firms urged to hasten digital transformation