Which roadmap for the e-Government of the Finance sector?

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E-government model in periods

Realizing e-finance in the direction of developing an e-Government for the Finance sector by 2020, which is the period to continue improving and developing the e-Government of the Finance sector towards serving the Government, which considers users as center and improves operational efficiency of the whole sector through e-Government and digital tools, in which IT is an important supporting tool in developing e-finance.

This is the first phase to complete information systems for the development of paperless offices, digital collaboration and unified communication environment, management information systems of overall internal resources, the whole sector’s integrated electronic reporting system, shared catalog database, and provide external reporting information.

The Finance sector will continue to improve the interconnected Single Window Public Service Information system at level 3 and level 4 to hit the target of 100% of necessary administrative procedures to be developed, and provided by the Finance sector on an integrated electronic portal system and on smart device applications.

The online public service portal and the Ministry of Finance's Single Window electronic information system need to be ensured to share information on the handling of administrative procedures, approved dossiers and the results of handling administrative procedures which are digitized with the National Public Service Portal. Regarding the transformation of integrated platform, sharing and connecting database: developing the Service-oriented Architecture Platform (SOA Platform); completing the integrated public service portal of the Finance sector based on internal cloud technology and application program interfaces (APIs); completing the single sign-on system (SSO); completing the development of the national database on finance and piloting big data technology (Big Data).

In this period, the Finance sector will develop the Ministry of Finance’s internal cloud (MOF-Cloud) at level of Infrastructure as a service (IaaS); improve the single sign-on system of the Finance sector in accordance with cloud platform; pilot the internal application integration with the single sign-on system; develop information security operations center (SOC); and set up a Digital Financial Services Ecosystem.

In the period of 2021-2025, the Finance sector will improve the information systems for the development of paperless offices and build a digital financial platform based on open data. This is a period of setting up a Digital Financial Services Ecosystem, in which the Government plays the roles of facilitation and connection with parties through opening, sharing data and digitalization platforms to permit many parties to provide smart financial services. At that time, IT is a strategic part of the Finance sector to establish an open financial data system that creates the Digital Financial Services Ecosystem.

In this period, the information systems that were completed in the previous period will be maintained, operated and updated. The shared applications will be established, including the management system for workflow, procurement, bidding-Investment projects; the internal management system on organizational resource will be integrated; the data science for management will be applied to build the decision-making support system based on the Finance sector’s big data and integrated data.

Regarding specialized applications, the sector will develop the information system on risk management, interest rate, exchange rates and markets; make medium-term budgeting; inspect, examine and handle tax debts; inspect and supervise and handle Customs offences. The Finance sector will exploit and use public financial services that are newly built by the third parties (fintech companies) on the open financial data of the Finance sector. The application of artificial intelligence and virtual assistants in a number of key operational activities and guidance of the Finance sector will be piloted.

Also in this period, 100% of the financial sectors have open databases of the Finance sector, which are in line with the Law on Access to Information and are publicized in the network environment. The “cloud” system that integrates with external applications while ensuring internal information security will be developed. Smart financial service application store will be established; a big data base for collecting, analyzing and forecasting will be improved.

The Finance Sector will complete the integration of 100% of applications with the Finance sector’s single sign-on system and integrate with national IT systems towards a smooth financial management system in the Finance sector and the Government.

“Cloud” application of the Finance sector (MOF-Cloud) will be developed at level of platform as a Service (PaaS) which provides application program interfaces for third parties to create smart financial services.

The Finance sector will complete the connection of information security operations centers (SOC) in the whole sector. E-Government architecture of Finance sector sets a roadmap for the period of 2020 - 2026 which is for establishing a completely digitalized financial system and smart finance.

The Finance sector plays a leading role in the development of digital economy based on accelerating the added value of Financial services, transforming economic models that include digital economy. The digital finance application store is set up for the internal operations and the development of the Decision-making support systems of the Finance sector that has become an important tool in the Government administration.

Smart applications that support specialized operations such as artificial intelligence and virtual assistants have been applied in operating, building, planning and evaluating policies of the Ministry of Finance.

Finance Sector: Seek solutions to approach technology 4.0 VCN- On the afternoon of 3 July 2018, the Department of Financial Informatics and Statistics coordinated with ...

100% of equipments supporting for specialized operation and management such as surveillance cameras, touch device, mobile device, robots, social network data are connected; and data is collected and analyzed; and the support services for managers and users are provided. In addition, 100% of services provided to people and businesses are "proactively provided" because many parties apply the personalization model; providing new public financial services according to the specific requirements of people and businesses.

Public financial services are exploited and built by the third unit into new services to provide customers on many communication channels. Also in this period, the open data platform will be completed and integrated in every application; cloud platform operates smoothly. Big Data and IoT are applied to collect real-time data for management applications. The Blockchain platform will integrate in most electronic transactions in the Finance sector. The Finance sector’s cloud platform will be integrated with the Government’s cloud platform, and the information security operations center will be integrated with the Government’s system.