Question

What role will technology and communications play for Vietnam as a country in the future? How will this impact society for years to come?

Answer 1

There area unit four major ICT focus areas, addressing offer further as demand:

- rising policy atmosphere

-developing IT human resources

-developing IT enterprises and logos, product and markets

-attracting investment into build IT zones and open supply package.

Companies operative within the Vietnamese ICT market will get pleasure from support measures from the govt like tax incentives and simplified administration procedures. New sophisticated parks area unit set to be created through a mix of central government direction, government funds and personal capital. Enterprises settled in package or sophisticated parks area unit offered more support and incentives. the expansion of sophisticated parks is predicted to get demand for IT product and solutions directly whereas tributary to the broader dynamic of economic improvement.

1- Telecommunications- Vietnam telecommunication sector continues to boast robust growth potential within the close to and semipermanent. Prospective privatisation of the leading service suppliers like Mobifone continues to draw in interests from key regional and world operators United Nations agency area unit expected to play a task in steering the market towards quicker adoption of advanced technology and better price services.

2- Software- The Vietnamese package market is cost-sensitive, with around seventy five per cent of the market served by lower-cost native package suppliers. native package enterprises tend to serve the govt and little and medium enterprises, whereas larger Vietnamese corporations area unit a lot of seemingly to have faith in the higher-priced package offered by multinationals. Multinationals have a twenty five per cent share of the native package market.

3- Cloud computing- Cloud computing is on associate degree increasing trend because of robust economic development momentum in Vietnam, together with rising incomes and also the growth of natural philosophy producing and outsourcing. The key growth driver is that the lower price of possession and direct investment further because the flexibility that cloud solutions provide.

4- IT services- The IT services market has robust growth potential driven by demands for digital infrastructure comes in sectors together with banking/financial services (fintech), telecommunications, energy, good agriculture and government.