Digitization vs digital transformation

The exhibition on IoT and Cyber Security held at the annual Smart IoT and Cyber Sercurity Summit held in HCM City yesterday. VNS Photo by Phuong Mai   The rapid development of internet of things in Viet Nam has forced authorities and businesses to pay attention to cybersecurity, a conference heard in HCM Cityon Wednesday. Nguyen Khac Lich, deputy director general of the Ministry of Information and Communications (MIC)’s Authority of Information Security, said: “IoT is future. IoT is developing [rapidly] and that causes the number of cyberthreats and criminals to increase sharply.” According to the Ministry of Public Security’s department of cyber and high-tech crime prevention, the number of prosecutions related to cybersecurity topped 500 in the 18 months ending in June this year. The number of violations was 1,000. Lich said the large number of no-name IoT devices used in the country such as cameras posed a cybersecurity threat. Digital transformation is … [Read more...] about IoT, digital transformation require VN to focus on cybersecurity

It is estimated that around $1 trillion of annual personal consumption expenditure across Southeast Asia is still made using cash or cheques. However, a young population with rising disposable income, a relatively high level of internet penetration, and more than 300 million smartphone users, presents an opportunity to rapidly transition these economies towards digital payments. Speaking at the Vietnam Fintech Forum 2019, Adeline Kim, Visa’s head of products and solutions in Southeast Asia, said, “Everywhere we look, technology is changing the most minute elements of our day-to-day lives, helping us to get transport more efficiently, have groceries delivered straight to our homes, and connect and speak with loved ones on the other side of the world. “With the growth of the fintech industry, we’re seeing an incredible variety of businesses emerging that are working on innovative ways to make a world of commerce more accessible to people everywhere. We see this as … [Read more...] about Fintech could hold key to reducing cash reliance in Vietnam

Prime Minister Nguyen Xuan Phuc launched the national e-document exchange platform in March 2019 (Photo: VNA) Hanoi (VNS/VNA) - Cabinet meetings will be streamlined and more innovative as the Government moves into the digital era later this month. The move towards e-government will create a new-look administration, but there is still work to be done to ensure a smooth transition. The Prime Minister’s task force led by Minister and Chairman of the Government Office Mai Tien Dung met on June 13 with ten ministries, including Public Security, Planning and Investment, and Internal Affairs to discuss the implementation of e-Cabinet. The platform will reduce Cabinet meetings from three days to just one. Documents will be handled online which will allow the Cabinet members to focus on discussing issues and casting their votes. “The e-Government does not mean sending meeting invitations via e-mails. It aspires to a digital economy which can serve citizens better,” … [Read more...] about National public services portal soon opens this year

Visitors to the IT Techmart 2018 in Hanoi (Photo: VNA) Hanoi (VNA) – A symposium on information technology (IT) amid the Fourth Industrial Revolution (Industry 4.0) took place in Hanoi on May 16, looking into features, opportunities and challenges of Industry 4.0 and development orientations for the IT sector in Vietnam. According to experts and economists, Industry 4.0 is driven by the strong development of digital technology, in which IT plays a critically important role. It will create “unprecedented” things greatly affecting the economy, society, production methods, as well as humans. Technologies in Industry 4.0 are inevitable technological trend to which Vietnam must adapt to keep up with developed countries around the world, they noted. In May 2017, Prime Minister Nguyen Xuan Phuc issued Directive 16/CT-TTg on enhancing the capacity of accessing Industry 4.0, which requested ministries and localities to provide the best conditions for the development of … [Read more...] about Symposium talks information technology amid Industry 4.0

Representatives of the University of Science under the Vietnam National University – Ho Chi Minh City receive the ICT Education Award (Photo: tuoitre.vn) Hanoi (VNA) – Three representatives of Vietnam won ICT awards for 2019 of the Asian-Oceanian Computing Industry Organisation (ASOCIO), according to the Vietnam Software and IT Services Association (VINASA). The awards were presented at the ASOCIO-PIKOM Digital Summit that is taking place in Kuala Lumpur, Malaysia, from November 11 to 14. While national flag carrier Vietnam Airlines was honoured with the Outstanding User Organisation Award, the CMC Technology Corporation won the Outstanding ICT Company Award, and the University of Science under the Vietnam National University – Ho Chi Minh City obtained the ICT Education Award. VINASA Secretary General Nguyen Thi Thu Giang said the awards honour achievements by organisations and businesses in ICT development and application. For Vietnam, they are not only the … [Read more...] about Vietnam wins three ASOCIO awards for 2019