FPT IS proposes digital transformation solution for the Tax sector

Recently, at Vietnam Digital Finance 2023 themed “Digital data: A driver for sustainable digital transformation in Financial sector”, FPT Information System Corporation (FPT IS) has delivered a presentation on the trends of data management in Vietnam and around the world, and proposed a number of effective data management solutions for the Tax sector.

The seminar is attended by Mr. Nguyen Duc Hien – Deputy Head of the Central Economic Commission, more than 500 delegates from agencies under the Ministry of Finance, Ministry of Information and Communications, Ministry of Industry and Trade, provinces/cities, commercial banks, associations, universities, and research institutes…

At the event, Mr. Luu Hoang Phu – Expert of Data Scientist, FPT IS – delivers a presentation on “Data governance for Tax sector in the digital era”. Mr. Phu analyzes the recent situation of data governance, and says the situation of buying and selling personal data is happening widely and publicly. From 2019 to 2020, the Ministry of Public Security has discovered hundreds of individuals and organizations buying and selling personal data. The amount of illegally collected and traded personal data is up to nearly 1,300 GB, including a lot of sensitive, internal personal data.

Mr. Luu Hoang Phu – Expert of Data Scientist, FPT IS – speaks at the event.

“The Tax sector is no exception to the problem of governance risks. FPT IS suggests that the Tax sector give Data Governance the highest priority in the digital transformation process. Only by ensuring data quality and consistency, data change management, and risk management through Data Governance could agencies and organizations implement data exploitation projects effectively”, added Mr. Phu.

With FPT.dPlat & AI solutions, agencies and organizations can develop plans for data management programs, build data and AI platform, and implement advanced data analysis, thereby helping leaders, civil servants and public employees enhance work efficiency and work quality. FPT.dPlat offers a complete ecosystem for data collection, processing, discovery and exploration based on open sources with diverse, feature-rich tools that optimize performance and security and minimize costs, particularly for finance agencies.

Over approximately three decades of operation, FPT IS has been accompanying the Finance sector to implement many core and overall solutions, including self-developed solutions as well as those integrated with the world’s leading technology firms. FPT IS has been investing and developing high-level experts, who are deeply knowledgeable about operations of the sector, to stay ahead of the technology trends and effectively consult and address pain points of the Finance sector in particular and other socio-economic sectors in general.