February 21, 2024

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Vietnam launches national forum on development of digital enterprises

Vietnam recently launched a national forum aimed at fostering the development of local digital enterprises in Hanoi. It is part of a one-year review since the implementation of the Make-in-Vietnam strategy.

Addressing the forum, the Minister of Information and Communication (MIC), Nguyen Manh Hung, underlined the importance of the Make-in-Vietnam strategy as a means of working towards a prosperous and developed country in the future.

According to a press release, Minister Hung reviewed the progress made by domestic digital businesses since the strategy was first implemented- 13,000 digital businesses have successfully been established one year on from its launch, representing an increase of 28%.

At present, Vietnam is home to a community of more than 58,000 digital businesses, and it is expected to meet the target of 100,000 enterprises by 2025. The Minister also emphasised the importance of utilising different technologies in the fight against COVID-19, including the launch of tracing apps like Bluezone, Ncovi, and CoMeet, along with online learning platforms, remote health examinations and treatment, and business management software for micro and small and medium-sized enterprises (SMEs).

Vietnam has ranked fifth in the world in terms of 5G infrastructure and equipment ownership. It plans to build a digital landscape to transform the nation from a real to a virtual world. The Make-in-Vietnam strategy must focus on outlining a long-term vision whilst simultaneously developing open technology, open-source software, and opening data to businesses and individuals in order to create new values to become a technological country in the future.

The number of 5G subscriptions in Vietnam is forecasted to reach 6.3 million by 2025, according to a report on 5G development in Southeast Asia. Vietnam and Singapore are expected to be the first countries in the region to roll out the latest wireless communications technology in 2020-2021. The market penetration in Vietnam in the early stage of 5G implementation will be lower than that in Indonesia and Thailand, but growth is projected to accelerate in the later stage.

The early launch of 5G services could help Vietnamese mobile carriers increase revenues by US$300 million a year, starting from 2025. However, they need to invest about US$1.5-2.5 billion in technology during the 2020-2025 period.

At the forum, the Minister noted that the coming year has the potential for strong development in Vietnamese technology, and the strategy will further contribute to developing the country and ultimately achieving a prosperous state.

As part of the occasion, Prime Minister Nguyen Xuan Phuc sent a congratulatory letter to the forum, expressing that the digital business community has been an important driving force behind Vietnam’s economic development, helping maintain economic growth and ensuring national security. He called on digital businesses to pioneer and make further contributions to the ongoing process of digital technology transformation.

This year’s event attracted approximately 1,000 delegates, including various government leaders, relevant ministries, along with a number of diplomatic agencies, and international organisations in Vietnam. They were joined by hundreds of domestic and foreign experts and large technology enterprises.

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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.

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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.

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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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