Industry News

Domestic ICT firms well-positioned to reach out to the world

Domestic ICT firms well-positioned to reach out to the world - Created date10/03/2023

Vietnam's information and communication technology (ICT) companies are well-positioned to make strong breakthroughs and reach out to the world in the near future, on the back of widespread Internet access, abundant workforce and support from authorities at all levels. Statistics from the International Telecommunication Union (ITU) showed that about 49% of the world population, or nearly 4 billion people, have yet to be connected to the Internet. It is a chance for Vietnamese ICT firms to reach globally.

Vietnam now ranks 12th in the world in terms of the number of Internet users with over 70 million subscribers. There are roughly 45,000 ICT firms with more than 1 million employees. The country also leads Southeast Asia with 25 software enterprises obtaining Capability Maturity Model Integration (CMMI) certification, surpassing Singapore and Malaysia.

In the coming time, the Ministry of Information and Communications MIC together with technology associations will support ICT firms by promoting economic diplomacy in digital technology, tapping global trade mechanisms to market digital technology trademarks, holding digital investment and trade promotion forums and conferences abroad, and advising the Government to sign digital partnership deals with countries, Hung said.

Source: vietnamplus