Vietnamese IT giants form alliance to boost digital transformation

11:04 | 30/10/2019 Science - Technology

(VEN) - The Vietnam Digital Transformation Alliance was officially launched at the Vietnam ICT Summit 2019 with the participation of Vietnamese IT giants, including Viettel, FPT, VNPT, CMC, MISA, Hai Hoa, Mobifone, and BKAV. The alliance is an initiative that aims to work with the government and businesses to accelerate the digital transformation process in Vietnam.

vietnamese it giants form alliance to boost digital transformation
The Vietnam Digital Transformation Alliance makes debut

Viettel Military Industry and Telecoms Group Acting Chairman cum General Director Le Dang Dung said digital transformation is an opportunity for Vietnam to increase labor productivity, escape the middle-income trap, promote innovation, and improve national competitiveness.

The government established the National Committee on e-Government, with the goal of studying and proposing mechanisms and policies to create a legal environment for the development of e-government and facilitate the implementation of the fourth industrial revolution in Vietnam. In particular, the Ministry of Information and Communications has drafted a project on national digital transformation with specific targets.

Accordingly, by 2030, Vietnam’s digital economy will grow 20 percent per year. It will rank among the top 20 countries in the world and the top three in ASEAN on the global and regional competitiveness index, respectively. It will be among the top 50 e-government countries, and labor productivity will increase by 8-10 percent per year.

The Vietnam Digital Transformation Alliance aims to inspire digital transformation and forge infrastructure and service foundations for Vietnamese firms and society to go digital, Le Dang Dung said, adding that the alliance will invite other competent firms to join in the next phase.

The alliance is committed to sharing the same voice and is responsible for contributing to perfecting the institutions and the legal corridor for the nation’s digital transformation. In terms of digital infrastructure development, the alliance is committed to expanding the national broadband network, implementing 5G mobile connectivity, deploying fiber optic cables widely, and promoting network function virtualization, cloud computing and Internet of Things (IoT) connectivity.

The alliance will focus on applying the latest technologies, such as big data, blockchain, artificial intelligence (AI), 5G, IoT, and 3D printing; sharing knowledge in basic research, applied research and commercial research to create new products; participating in the completion of e-government in the shortest time; ensuring cyber security and quickly providing people with digital services, such as digital payment, e-commerce, digital content and a shared economy.

Digital transformation is a completely new process, profoundly changing businesses from approaching thinking,

problem resolving, and governance model to production organization and product and service provision.

Quynh Nga