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VietNamNews

Cipher to invest into digitalised signatures

Update: June, 09/2012 - 07:29

HA NOI — The Government Cipher said it would invest VND250-300 billion (US$12-14.4 million) to provide 150,000 digital signatures from now until 2015 to secure online transactions between state-bodies and relevant authorities.

Nguyen Dang Dao, deputy head of the Government Cipher's technical department, said demand for entrusted electronic signatures at state bodies has increased in recent years due to saving time and costs.

He pointed out that the Ministry of Finance this year would need 9,500 digital signatures while the Ministry of Transportation, 30,000.

While the Government Cipher is the sole provider of digital signatures to state bodies and authorities, there are six enterprises which have provided digital certificates to the market including VNPT-CA, CA2, BKAV-CA, Viettel-CA, FPT-CA and CK-CA.

However, the number of businesses using the method remains modest as only those that declare taxes online or make electronic customs declarations registered digital signature.

According to VNPT-CA, the country's leading provider of digital signatures, over 100,000 local businesses now use digital signatures.

First used in the US over 20 years ago, the electronic signatures can be used to authenticate the identity of the sender of a message or the signer of a document. — VNS

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