February 23, 2024

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Australia, Vietnam to Launch Platform to Boost ICT Cooperation

Image credit: Ministry of Information and Communications

Australia and Vietnam will jointly launch DigiVet-Aus, a business connecting platform, this September. The project is expected to boost software exporting and outsourcing from Vietnam. The Head of the Vietnam Trade Office in Australia made the announcement during a virtual seminar on information communication technology (ICT) cooperation opportunities between Vietnam and Australia last week.

The official noted that the market size of the software industry in Australia is estimated at AUD13 billion (US$8.9 billion) as the development of the country’s economy is based on ICT platforms. However, the supply of digital products and human resources have dropped mainly due to the impact of the COVID-19 pandemic. The Managing Director of the Australian Information Industry Association (AIIA) added that the demand for human resources and IT products in Australia is huge. Many Australian enterprises are facing a shortage of ICT workforce while the government is focusing on bolstering the development of digital technologies.

It is an opportunity for Vietnamese IT companies to strengthen their connection with Australian pairs and vice versa, the official noted. Speaking at the webinar, the General Secretary of the Vietnam Software and IT Services Association (VINASA) said that Vietnamese and Australian businesses have many suitable conditions to increase cooperation. He hoped the conference will be a bridge for Australian and Vietnamese IT businesses to expand their networks and strengthen connections.

According to a member of the VINASA, Vietnam’s IT human resources have currently reached more than one million people, covering hardware, software, and digital content. Foreign investors can benefit from the high-quality IT human resources, government support policies, and a market of 97 million people. Also, they get the opportunity to penetrate the larger ASEAN market that comprises more than 600 million people, he added.

In his speech at the webinar, the Vietnamese Ambassador to Australia stated that through a close strategic partnership, Vietnam and Australia have signed an action plan for the 2020-2023 period, including three pillars of the economy, politics-defence security, and innovation; they are all related to digital transformation. The Vietnamese Ambassador added the strategy to strengthen economic cooperation between the two countries, expected to be signed in October, also attaches great importance to this issue. He underlined the current opportunity will not only benefits businesses but support the development of both Vietnam and Australia economies through IT cooperation, contributing to creating many facilities for the people of the two sides.

As OpenGov Asia reported earlier, the digital economy in Vietnam accounts for about 8.2% of GDP. The potential for development for the Internet and digital economy components is large. The ICT digital economy accounts for about 4.5% of global GDP, about 6.9% of America’s GDP, and 7% of China’s GDP. For Vietnam, the ICT digital economy is estimated to account for about 5.5% of the country’s GDP, with a revenue of about US$123 billion.

However, the government has claimed that this number does not reflect the real potential of Vietnam’s Internet digital economy, because many cross-border digital platforms collect billions of dollars in Vietnam but do not make declarations. The supervision and management of online business forms have many loopholes. Measuring the digital economy is still difficult, but this figure shows that Vietnam’s Internet digital economy still has great potential for development. According to a recent report, although Vietnam’s internet economy is behind Indonesia and Thailand in total revenue, Vietnam has the highest growth rate with 16% per year, compared to 11%/year for Indonesia and 7%/year for Thailand.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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