We are creating some awesome events for you. Kindly bear with us.

Vietnam Added 5,600 New Digital Technology Firms in 2021

In 2021, Vietnam recorded 5,600 newly established digital technology businesses, stemming from the need to work, sell, and communicate online amid the COVID-19 pandemic. Deputy Director of Information Technology Department, Nguyen Thanh Tuyen, explained that statistics show that Vietnam currently has about 64,000 digital technology enterprises with more than one million employees. The working environment and non-contact economy due COVID-19 sped up and strengthened digital transformation as well as promoted the digital business community.

The official informed that the number of Make-in-Vietnam businesses has increased sharply. In 2020, there were more than 34 platforms announced by the Ministry of Information and Communications (MIC) as Make-in-Vietnam products. Many information security products had been also launched by Vietnamese enterprises. Digital technology enterprises such as VNPT, Viettel, CMC, and FPT made great contributions to the development of digital government and digital economy with the construction of national digital platforms.

According to a news report, in 2021, with the Ministry’s leadership, Vietnamese businesses have researched new technologies such as 5G, artificial intelligence (AI), and big data. Deputy Minister, Pham Duc Long, stated that Make-in-Vietnam enterprises included both Vietnamese enterprises foreign enterprises investing, researching, and manufacturing in Vietnam. The country’s digital technology industry has also achieved impressive growth results. In 2020, due to the impact of the pandemic, the world economy witnessed negative growth. Vietnam achieved a GDP growth rate of 2.91% and became one of the few economies with positive growth. Vietnam’s digital technology industry had a growth rate of over 9%, which was three times higher than GDP growth.

Long said currently, Vietnamese digital technology enterprises had not only processed and assembled products for foreign countries, with the spirit of Make-in-Vietnam, but also manufactured and mastered products and platforms for the country’s digital transformation. With the spirit of Make-in-Vietnam, the products of local digital technology enterprises had been used and brought about many benefits. He gave specific examples of digital transformation in public services and document management systems in localities, implemented by Make-in-Vietnam firms. The smart city management centres in 38 localities had been built by Vietnamese digital technology enterprises. Meanwhile, in the economic sector, Viettel Post and Postmart (Vietnam Post) are two e-commerce platforms completely Make-in-Vietnam, which have helped farmers, especially during the COVID-19 pandemic.

Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce gross merchandise value (GMV) reaching US$56 billion by 2026, 4.5 times the estimated value of 2021, according to a recent survey. OpenGov Asia reported recently that Vietnam is at the forefront of driving change and seizing opportunities to thrive based on digital transformation in a post-pandemic future. A study surveyed about 16,700 digital consumers and more than 20 C-level employees in six Southeast Asian countries, including 3,579 survey participants from Vietnam. The report described Southeast Asia as a leader of digital transformation in the Asia-Pacific region and Vietnam as one of the best performers. In Vietnam, seven out of ten consumers have digital access, and the country will have 53 million digital consumers by the end of 2021.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend