The banking industry in Vietnam has initially poured VND15 trillion (US$631.2 million) into its digital transformation process, resulting in impressive achievements such as a 40-percent growth rate in a short time. This is the report in yesterday’s online formal discussion themed ‘Banking Industry as a Pioneer in Digital Transformation: for the Public to Participate and Benefit’.
Around 71 percent of businesses in Vietnam have formed their own information security (IS) department in 2021 to signal their great attention to cyber safety matters, as revealed in the virtual meeting ‘Cyber Security for Digital Transformation – Opportunities and Challenges’, co-hosted by the Vietnam Information Security Association-Southern branch (VNISA), the Authority of Information Security (under the Information & Communications Ministry), and the Ho Chi Minh City Information & Communications Department.
The Department of Cyber Security and Hi-tech Crime Prevention, Ministry of Public Security (A05) yesterday announced the result of its fight against a group of people illegally selling confidential digital data of Vietnamese people.
An account named Ox1337xO, created on RaidForums in May 2021, announced a sale of a 17GB data package on May 13. This package is supposed to include details of citizen ID cards of many Vietnamese people. The post was then deleted, but was still stored in the cache of Google search engine, and has raised serious concern over information safety.
Most basic goals in Resolution No.17/NQ-CP about electronic and digital government development until 2020 are fully met, said the Ministry of Information and Communications in its summary report on the two years implementing the Resolution.
Ho Chi Minh City (HCMC) People’s Committee has just approved the plan to implement IT in state operations, digital government development, and cyber security maintenance for the period from 2021-2025. This plan aims at improving the service quality towards individuals and businesses.
The Government has asked the Ministry of Information and Communications (MIC) to prioritize mastering the ecosystem for Vietnamese cyber security products in order to best serve demands arisen from the process to establish an e-government, smart city, and essential national databases, as well as carrying out the national digital transformation.