Database and Big Data - The Core Value in Developing the Digital Economy

Abstract

In the transition to digital government, digital economy, and digital society to create a breakthrough in economic growth and development, improve competitiveness and bring about a better life, the database that now evolving into big data plays the role of one of the determinants of success. The paper analyzes the role of databases and big data in the development of the digital economy from macro and micro perspectives, and explores the experiences of China and South Korea in building, managing, and operating the digital economy based on databases and big data, thereby proposing some suggestions for Vietnam to promote digital transformation and build a digital economy.