Digital Transformation: A dispensable trend for Vietnam State Treasury

Abstract:

The comprehensive renewal, improvement, and modernization of the national financial system are urgently needed. The State Treasury, with its assigned functions and duties, plays a positive role in promoting the sustainable development of the national financial system and ensuring the resources for the state to maintain socio-economic development. This reality calls for specific and effective solutions to achieve the goals of the digital State Treasury. This is also a prerequysite to ensure the implementation of the e-government goals, which serve as the foundation for the national digital transformation strategy. The article aims to study the theoretical basis of the digital State Treasury, including crucial content regarding the overall architecture of the digital State Treasury model, the conditions for the formation of the digital State Treasury, the initial digital transformation results of the State Treasury of Vietnam, and some recommendations for the development of the digital State Treasury.