Cloud computing is key to scaling digital services, as seen with Techcombank’s AWS migration in Vietnam, where the cloud market hit $133 million in 2019. Foreign providers dominate 80% of this market, but Vietnam aims for a 70% local share by 2030. operations.
Various sectors stand to benefit from cloud adoption, enhancing their digital strategies and operational resilience. The Vietnamese government is challenged to address data security, privacy, and market competition in the cloud sector. Regulatory focus is on data privacy, cross-border data flow, and third-party management to protect rights and maintain secure operations.
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