January 19, 2021

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Vietnam launches first locally-developed data mining platform

The Viettel Data Mining Platform, developed by the military-run telecoms group Viettel, was launched by the Ministry of Information and Communication (MIC) at a ceremony in Hanoi, earlier this week.

The launch is part of a chain of events to introduce Made-in-Vietnam digital platforms to serve the National Digital Transformation Programme to 2025 with a vision to 2030 approved by Prime Minister Nguyen Xuan Phuc in June.

According to a news report, the Viettel Data Mining Platform, the first developed by the Vietnamese people for businesses in Vietnam, aims to help governments and businesses make decisions through their own data understanding, at a more affordable cost than foreign platforms.

The platform provides real-time information or reports instead of having to synthesise information from many different sources, increasing employee productivity by 30% in terms of extracting information and making a report.

In addition to the application of artificial intelligence technologies, the Viettel Data Mining Platform also integrates specialised knowledge from sectors such as marketing, asset management, finance, and risk management, to help optimise operations in an enterprise.

The Viettel Data Mining Platform has been designed according to the specific data demands of each business to ensure in-depth analyses, in line with the goal of creating a digital society in Vietnam.

Further, to provide a reporting system that helps governments and businesses make smart decisions and recommends sales based on data science, the platform also features anomaly detection and warns of risks or abnormalities in the transaction data of units.

This is the fourth technology product in a series of nearly 40 Made-in-Vietnam technology products tested, selected, and introduced by the MIC in 2020. According to Dang Duc Thao, Deputy Director of the Viettel Cyberspace Centre, with the digital platforms, Viettel’s technology products will participate in promoting the development and application of artificial intelligence and other new technologies across all fields, creating breakthroughs in the national digital transformation programme.

The programme aims to get Vietnam to rank in the top 70 and 50 countries in the E-Government Development Index (EGDI) by 2025 and 2030, respectively. It also expects to rank among the top 40 and top 30 in the Global Competitiveness Index (GCI) by 2025 and 2030, respectively.

As OpenGov Asia reported, the government aims to have as many level-4 online public services as possible. Ministerial and provincial-level work dossiers must be processed online, and inspections should be carried out online as well. All reports and statistic indicators will be digitally connected.

By 2025, the country plans to have fibre optic Internet infrastructure that covers more than 80% of households and 100% of communes. Also, over half of the population should have digital checking accounts, the figure is expected to be more than 80% in 2030. By 2030, fibre optic Internet should be available nationwide, along with 5G networks and services.

The increase in digitalisation has also drawn attention to the need for cybersecurity. More than 1.6 million cyberattacks over the first half of 2020 targeted small and medium-sized enterprises in Southeast Asia. For Vietnam, healthcare and education are the two most-targeted sectors for cyberattacks, which is why the government has prioritised securing these segments first.