To attain the goals of Digital Government, Digital Economy, and Digital Society, the synchronous development of data systems has become a priority in the current period. In February 2024, the Prime Minister approved the National Data Strategy until 2030, which aims to complete the pilot and testing of 05 data trading platforms nationwide. In line with this strategy, the Ministry of Public Security has proposed the Data Law draft which specifies the establishment and operation of the data trading platform in Vietnam.

Data trading platform is defined as an online exchange platform that creates a data trading environment with supervision to ensure safety and compliance and develops data services such as data aggregation, analysis, and labeling.

The main function of the data trading platform is to trade, exchange, purchase, sell, and provide products and services related to data in a suitable, accurate, and lawful manners to clients.

Please refer to our article in full at 240929 VTN_Data Trading Platform.

This writing is written by Nguyen Tien Dat and edited by Nguyen Thanh Nghiep.