Revenue from IT industry reaches 110.7 billion USD in 10 months
Vietnam earned over 2.56 quadrillion VND (110.7 billion USD) in revenue from the IT industry in the first 10 months of 2021, up 9 percent from the same period last year, data from the Ministry of Information and Communications (MIC) showed.
Hanoi (VNA) – Vietnam earned over 2.56quadrillion VND (110.7 billion USD) in revenue from the IT industry in the first10 months of 2021, up 9 percent from the same period last year, datafrom the Ministry of Information and Communications (MIC) showed.
Of the figure, 11 percent or 292 trillion VND was generated byVietnamese enterprises, the MIC said, adding the third quarter's revenue was 26.8 percenthigher than the previous quarter.
The electronics and hardware sector contributednearly 90 percent of total revenue, or 2.27 quadrillion VND (98.1 billion USD). The sectorexported 88.3 billion USD worth of products, equivalent to 32.5 percent of the nation’s total export turnover.
Revenue from the cybersecurity sector rose by 8 percent toexceed 1.53 trillion VND during the period, according to the ministry.
Due to impacts of the prolonged COVID-19 pandemic, revenueof postal companies declined to 7.5 trillion VND in Q3.
Total revenue from telecommunication services edged up just 0.09percent year-on-year in October, with the number of smartphone users reaching91.71 million, accounting for 74.1 percent of total subscribers and 10.4percent higher than a year earlier./.
The complicated developments of the COVID-19 pandemic has been posing both challenge and opportunity for the supporting industry sector in Hanoi, requiring businesses in supply chains to promptly adapt and make flexible changes.
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A seminar was held by the Van Mieu–Quoc Tu Giam Culture and Science Centre on November 15 to seek ways for better preservation and promotion of values of the relic with Industry 4.0 technologies.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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