Total revenues of the information technology (IT) industry amounted to VND2.562 quadrillion (US$110.7 billion) in January-October this year, increasing 9% compared with the same period last year.
According to the resolution, the Government assigned the State Bank of Việt Nam (SBV) to coordinate with ministries and agencies to form a decree that complies with the provisions of the Law on Promulgation of Legal Documents amended and supplemented in 2020 to submit to the Government in the fourth quarter of 2021.
“Officials want 80 per cent of the population to have online payment accounts by 2025, according to the government’s post. That’s also when they want half of e-commerce transactions - many of which are still conducted in cash - to go cashless,” Bloomberg commented on these ambitions.
The Ministry of Information and Communications’ new mission is to lead national digital transformation process in order to build a digital Viet Nam, including digital government, digital economy, digital society and digital media.
“The Hanoi facility is one of the new moves we are planning to take in Vietnam, where we expect to have more new orders for our services and products when 5G will be commercially launched,” Nam Thieu, country manager of Qualcomm in Vietnam, Laos, and Cambodia, told VIR.
"By providing our 4G IoT capabilities as well as leveraging our recently launched ‘IoT Innovation Hub’ in Vietnam, we are looking to fuel and drive the IoT ecosystem in Vietnam and create momentum towards 5G," said Denis Brunetti, head of Ericsson Vietnam and Myanmar.
[27-09-2016] Many investors are rushing to develop software park projects in Hanoi. Experts, warning about ‘software park inflation’, say that investors have ‘other purposes’ when eyeing such projects. The Hanoi People’s Committee said it has received a document from Becamex ITC which asked for permission to develop a key software and digital content park, capitalized at VND24 trillion.
[24-09-2016] PM Nguyen Xuan Phuc asked for drastic and effective actions in order to create a revolution in information technology (IT) application as a new development method for sharpening national competitiveness. The PM made the above statement on Saturday at the Viet Nam Information and Communication Technology (ICT) Summit 2016 themed “Digital revolution – Opportunities and challenges.”