FPT accompanies the Government and businesses in exploiting the “gold mine” of data

On May 24-25, attending the Viet Nam – Asia DX Summit 2023, FPT Corporation has shared many profound experiences and proposed practical solutions to exploit the power of digital database, a “gold mine” held by organizations and businesses, thereby creating a premise for comprehensive digital transformation activities.

A data strategy to unlock digital transformation

At the event, Mr. Nguyen Van Khoa – Chairman of Vietnam Software & IT Services Association (VINASA), CEO of FPT Corporation – has emphasized: “Digital transformation in Vietnam is entering a stage of generating practical results and values for the economy and society. This is when databases come into play”.

Mr. Nguyen Van Khoa – Chairman of VINASA, CEO of FPT Corporation – speaks at the event.

To promote such process, according to Mr. Khoa, it is necessary for Vietnam to have a comprehensive national digital data strategy. The strategy will act as the guiding principles for creating and exploiting digital data in Vietnam. The digital tech business community expects and is always ready to join forces and accompany the Government, provinces/cities, Ministries/Departments, and organizations in Consulting on building an open legal corridor; Participating in building an advanced and effective digital data infrastructure; Supporting data connection and data sharing among provinces/cities, Ministries/Departments and other agencies; and most importantly, Building a model for data exploitation cooperation to create new services for people and businesses, thereby delivering new values ​​for the economy and society.

Speaking in the opening session with a presentation on “Public-Private partnership model in building and exploiting digital data”, Mr. Nguyen Hoang Minh – CEO of FPT Information System Corporation (FPT IS) has made practical proposals in creating conditions for digital tech enterprises like FPT to assist both the public and private sectors in a more effective way in completing the database.

The first one is to build a public service architecture that separates services provided by the government and private enterprises. The second one is to establish a National Agency dedicated to Public-Private partnership for the IT sector. Finally, the third one is to implement a pilot mechanism that allows enterprises to provide a number of services based on the national databases to address socio-economic development.

Mr. Nguyen Hoang Minh – CEO of FPT IS – delivers a presentation on “Public-Private partnership model in building and exploiting digital data”.

Mr. Minh has added that it is necessary to consider three factors to build effective databases: Technology, People, and Legal corridors. From the “Technology” perspective, big data analysis and processing technology and AI are needed to collect, clean, store, analyze, and exploit data to respond to the needs of state direction and administration, and create new values and new services based on data. From the “People” perspective, it is necessary to have digital human resources that are highly aware of digital data as well as the effective use and exploitation of the data. And finally, from the “Legal corridors” perspective, data governance on national level is a complex matter that requires data to be exploited for the right purposes, and data privacy and security to be ensured.

“With our extensive experience, FPT in general and FPT IS in particular are confident to accompany the country in building mechanisms and policies for secure data usage and exploitation as well as effective data life cycle management, from generation to destruction”, emphasized Mr. Minh.

As a typical example, in 25 provinces/cities with which comprehensive cooperation has been established, FPT has been providing consulting services to build data strategies on provincial level for Lao Cai province, Ho Chi Minh city, etc. In such projects, FPT has clearly defined data that the local authorities need to build, formed shared databases based on inheritance, synchronization with the national databases that have been deployed, and identified information groups that need to be formed. In addition, FPT has also been effectively supporting various Departments regarding digital transformation strategies, taking data as the core. For example, at the Dong Thap Department of Health, FPT’s solution has helped create a clinical data repository (CDR) that includes records of more than one million people in the entire province with over 13 million medical examinations/treatments. As a result, the leaders of the Department of Health are equipped with a smart reporting system that allows aggregating and analyzing data for the purpose of state direction and administration. Besides, physicians are now able to look up detailed information of patients’ electronic medical records from the province’s CDR in a quick and secure way.

Made by FPT – an innovative digital transformation ecosystem

Also at the Summit, FPT has demonstrated typical solutions under the company’s digital transformation ecosystem targeting all three pillars of digital transformation, i.e., Digital government, Digital economy, and Digital society. Among them, many products and solutions have been trusted and chosen by the Government, leading domestic enterprises as well as international enterprises.

A typical example includes the Anti-fraud solution for digital identity verification – FPT.IDCheck that has drawn great attention from organizations and businesses at the event. FPT.IDCheck allows to perform verification of chip-based ID cards and facial recognition with 100% accuracy in a wide variety of fields. The solution demonstrates outstanding development potential as it properly responds to the increasing demand for identity verification in a variety of fields, such as Banking – Finance, Insurance, E-commerce, Real Estate…, as well as businesses or organizations in need of identity verification such as schools, notary offices, hospitals…

FPT IS presents FPT.IDCheck and FPT.IDReader solutions at the event.

In addition to FPT.IDCheck, FPT IS has researched and developed a device for the verification of chip-based ID cards – FPT.IDReader that has been widely used for the verification process at hospitals, banks, schools, public service agencies, notary offices… FPT.IDCheck and FPT.IDReader help eliminate the risk of verification fraud in transactions with absolute accuracy, reducing  labor costs and time for processing transactions, and enhancing the quality of experience in digital transactions.

Besides, FPT IS also presents a comprehensive robotic process automation (RPA) solution – akaBot that offers “virtual robot assistants” capable of simulating human operations to perform a large amount of manual and repetitive tasks for Vietnamese businesses.

Via the speeches and solutions presented at the event, FPT in general and FPT IS in particular reaffirms the commitment to accompany the Government, local authorities, businesses and people with the best resources, providing them with the most comprehensive and effective digital transformation ecosystem.