ITO conference promotes Vietnam as attractive IT destination
The Vietnam Information Technology Outsourcing (ITO) Conference 2017 kicked off in Ho Chi Minh City on October 19, aiming to introduce Vietnam as an attractive destination for IT services.
Participants in the Vietnam Information Technology Outsourcing (ITO) Conference 2017 pose for a photo (Photo: VNA)
HCM City (VNA) – The VietnamInformation Technology Outsourcing (ITO) Conference 2017 kicked off in Ho Chi Minh City onOctober 19, aiming to introduce Vietnam as an attractive destination for ITservices that is comparable to leading countries in the world.
The two-day event drew organisations andbusinesses from 20 countries and territories such as the US, Japan, theRepublic of Korea, India, China, Australia, Thailand, Indonesia and Singapore.
Vietnam is given the sixth position in the A.T.Kearney’s 2017 Global Service Location Index. It ranked first among the world’sbusiness process outsourcing (BPO) centres in the 2016 list of Cushman &Wakefield. Meanwhile, the country was also named one of the six leadingdestinations for technology transfer in the Asian-Pacific region in a 2016report of advisory firm Gartner.
Dao Dinh Kha, Director of the Department ofInformation Technology under the Ministry of Information and Communications,said although Vietnam follows other countries like India and China in terms ofthe software market and IT services, it boasts certain advantages and potentialfor this sectors.
Particularly, the country is completely able tostand firm in the fierce competition in the software sector with other nations,he added.
However, Director of the HCM City Investment andTrade Promotion Centre Pham Thiet Hoa said though Vietnam’s software industryhas been highly valued by many rating organisations in the world, most of localsoftware companies are small. Therefore, they have encountered numerousdifficulties when advertising their products in global markets.
It is necessary to step up promotion andinvestment to further market Vietnam’s IT sector to the world, Hoa noted.
At the ITO conference, there will also paneldiscussions on IT manpower in Vietnam, the prospect of BPO services in thecountry, Vietnam-Japan technology cooperation, and the application of newtechnologies to enhance competitiveness and reap success.-VNA
Vietnam wants to learn from Hungary’s experience in developing information-technology (IT) policies in the context of the fourth industrial revolution, said Minister of Information and Communications Truong Minh Tuan.
The Ho Chi Minh City People’s Committee has approved a 1/2000 scale plan for the city’s second science and technology park to be built in District 9 at a cost of around 4.3 trillion VND (188 million USD).
Prime Minister Nguyen Xuan Phuc has asked the National Academy of Public Administration to step up the application of information technology into its training programme towards the formation of a digital administration system amidst the fourth industrial revolution.
Deputy Prime Minister Vu Duc Dam has highlighted business opportunities in information and communication technology in Vietnam on the back of its 100 million population with 60 percent aged below 35.
The top 50 information technology (IT) companies of Vietnam in 2017 has total revenue of over 20.67 trillion VND (936 million USD) and employ over 35,500 people, according to the Vietnam Software and IT Services Association (VINASA).
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
The visit aimed to assess the new two-tier local government model, preparations for upcoming Party congresses at levels, and implementation of the Politburo’s Conclusion on school construction in border areas.
Under the theme “Breakthrough Era with the Development of Industrial Internet”, the event gathered over 400 delegates, including senior officials, leading Internet experts, and technology engineers from Vietnam and abroad.
Participants in the Vietnam Information Technology Outsourcing (ITO) Conference 2017 pose for a photo (Photo: VNA) 
