UK newspaper upbeat about Vietnam’s digitally-enabled future
FPT UK Managing Director Mohan Naidu has said Vietnam is quickly becoming a hub of technology expertise, and the digitally-enabled future for Vietnam is just beginning.
Hanoi (VNA)✤ – FPT UK Managing Director Mohan Naidu hassaid Vietnam is quickly becoming a hub of technology expertise, and thedigitally-enabled future for Vietnam is just beginning.
In his article published on the UK’s intelligentcio.com on October 12, Naidu said Vietnamese enterprise leaders are looking at allbusiness and talent models to get what they need, especially where emergingtechnologies are concerned. Vietnam thoroughlyembraced this shift and emerged stronger in the pandemic economy by virtue ofits ambition, vision and willingness to pivot quickly, he wrote. The article said software outsourcing is set to explode in Vietnam as itsstanding grows as an IT development destination. In recent years, Vietnam’s ITindustries have been moving up the value chain and offering more value-addedwork. According to theauthor, FPT Software is investing in its intercontinental expansion, withEurope targeted as a first port for capital commitment in the value of 100million USD. The software company established itself in the EU market and inthe UK with its first global client more than 20 years ago. European growth wassteady but its focus and trajectory took it into Japan and the US, where it nowemploys thousands of local and international experts and engineers, reachingrevenues of hundreds of millions in USD annually.
Illustrative image (Source: vnexpress.net)
The focus has nowreturned to the UK and Europe, where there is a high demand for digital transformationand innovation projects. He said the challenge Vietnam faces is a needto grow the digital workforce by an additional 190,000 IT engineers by the endof 2021. Vietnam tackled this digital fluency challengehead on. A foundation of the attractive talent market in Vietnam is its robust,digitally oriented education system. Currently, Vietnam has 236 universities,149 of which are training IT professionals, delivering more than 50,000 ITengineers to the workforce annually. This lands Vietnam on the list ofthe top 10 nations in the world for the highest number of IT students. The article stressed that as Vietnamcontinues to promote business reform and cultivate digitally fluent talent; itis poised as a rising star in the global services market. Earlier, Vietnam ranked ninth in the top 10 digitalnations by the US’s investment strategy consultant Tholons. In 2019, the world’sleading consulting agency AT Kearney listed Vietnam among the top five most attractivedestinations for IT outsourcing while the US technological consulting andresearch agency Gartner considered Vietnam as the Tier 1 emerging offshoreoutsourcing location in the Asia-Pacific./.
National Assembly Chairman Vuong Dinh Hue met leaders of outstanding enterprises in applying science and technology in Hanoi on October 12 on the occasion of their attendance at Vietnam Business Leaders’ Forum.
Digital transformation to build a digital world is not the business of a single country, organisation or individual but a global matter that requires a global approach and contributions, Prime Minister Pham Minh Chinh said at the virtual ministerial roundtable in the framework of the ITU Digital World 2021 on October 12.
As co-host of International Telecommunication Union (ITU) Digital World 2021, Vietnam has marked 50 years of ITU Telecom events and aims for inclusive tech-driven prosperity.
FPT Group was honoured seven times at a recent ceremony announcing awards of the Top 10 Information and Communications Technology (ICT) Companies of Vietnam in 2021 hosted by the Vietnam Software and IT Services Association (VINASA).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
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.
Illustrative image (Photo: VNA) 
Illustrative image (Source: vnexpress.net) 
