Vietnam’s state-owned telecommunications company VNPT is speeding up their digital transformation with a roadmap for developing cloud-based products and a comprehensive cloud computing ecosystem.
With great potential in Vietnam for cloud services during the era of Industry 4.0, VNPT hopes to give benefits to the country’s enterprise community in the era of digital transformation.
The global cloud services market size is expected to reach a value of US$927 billion, with a compound annual growth rate of 16.4% between 2020 and 2027.
As a member of Vietnam’s Digital Transformation Alliance, VNPT has also participated in the ‘Speeding up digital transformation using Vietnam’s cloud computing’ campaign by the Ministry of Information and Communications.
With cloud computing still relatively nascent and investment ‘rather low’ in Vietnam, the campaign aims at building an ecosystem in which Vietnam’s cloud computing enterprises master the technology, provide cloud computing services and infrastructure, and then support and step up the digital transformation of enterprises.
VNPT developed VNPT Cloud to build an optimal environment for the operation of IT applications, establishing computing facilities at scale from cloud servers to systems with hundreds of servers.
VNPT has also stepped up their international cooperation with global technology companies in researching new technologies like AI, blockchain, IoT, cybersecurity. Their view is to become a leading digital service provider in Vietnam and digital transaction center in Asia.
In April 2020, VNPT, Vietnam’s second largest telco behind Viettel, successfully tested its VinaPhone 5G network in Hanoi and Ho Chi Minh City.
Image credit: VNPT