How to explore cross-border data
Data can be compared to a crude oil field, and the extraction and processing of it into energy is a matter of survival for businesses.
Vietnam is prominent in terms of cross-border data exchange, ranking 7th among countries with the largest cross-border data flows, according to Nikkei Asia. The growth of cross-border data flows in general and cross-border personal data flows in particular is an opportunity but also poses many challenges.
Deputy Minister of Information and Communications Pham Duc Long revealed that the Ministry of Information and Communications plans to build and develop the national data infrastructure, with the goal of bringing Vietnamese people’s data to storage in Vietnam, forming a system of international and national data centers as well as regional and local data centers which are connected. This will turn Vietnam into a regional and international data storage and processing center.
Dau Tu
