return icon Vietnamnet.vn

‘Make-in-Vietnam’ cloud computing and the opportunity to gain market share at home

Cloud computing platforms will be a new-generation telecommunications infrastructure used for the development of a digital government, economy and society.

Điện toán đám mây Make in Vietnam và cơ hội giành thị phần trên sân nhà
 

According to preliminary statistics, Vietnamese enterprises account for only 20% of the cloud computing market share. This requires cloud computing businesses in Vietnam to ally with each other so as not to lose market share at home.

Officials of the Ministry of Information and Communications have affirmed that Vietnam must master digital transformation infrastructure and platforms. This is an opportunity for local businesses. The Vietnamese market is big enough with nearly 100 million people, ranking 12th in the world.

Vietnam aspires to rise through digital transformation with the introduction of distance learning platforms, remote medical examination and treatment, remote working, video conferencing, remote accounting services, network safety and security platform, and cloud computing infrastructure.

Therefore, it is not possible for all data of Vietnam's digital economy to be stored abroad by foreign companies. This is an opportunity for “Make in Vietnam”.

A representative of the Information Security Administration under the Ministry of Information and Communications said that Vietnam's cloud computing platform infrastructure is being developed by the Ministry of Information and Communications.

It is forecast that by 2025 the cloud computing market in Vietnam will reach 500 million USD, with an annual growth rate of 30-40%. In particular, the Covid-19 epidemic has created a "push" to promote the development of the cloud computing market.

Thus, in terms of the market, cloud computing is a relatively large market for businesses. From a national perspective, with the importance of new-generation telecommunications infrastructure, digital infrastructure, and at the same time implementing the Make in Vietnam policy, domestic enterprises must develop and master this infrastructure.

To develop Vietnamese cloud computing platforms in the right direction and method, Vietnam is one of the few countries that has issued criteria to evaluate and select cloud computing platform solutions serving e-Government.

Race for market share of Vietnamese enterprises

Le Hoai Nam, Deputy Director of Viettel IDC, said the market for cloud computing services has grown quite rapidly in recent years. The market is full of potential while Vietnamese businesses only account for less than 20%. Thus, they still have a wide range of market exploitation. As for services, Vietnamese firms mainly provides cloud computing infrastructure services, while software services based on cloud computing infrastructure have not been exploited much, although this segment brings about big revenue and growth. Small and medium enterprises (SMEs) have applied cloud computing very quickly, especially during the pandemic.

Hoang Anh, Sales Director of CMC Cloud, said that CMC considers the domestic market to be the focus of development in the coming time. Vietnam has more than 700,000 SMEs but the number of applications is very small. Thus, the market is large.

Hoai Nam, however, said demand is still not there and it is necessary to consider customers. For example, SMEs and startups need technology that fulfills almost everything they need, or an ecosystem. Cloud service providers in Vietnam are not yet capable of building good infrastructure like Amazon. For their rapid development, to meet their need for many tools and environments to develop software, many businesses immediately hire foreign cloud services.

From a policy perspective, Vu The Binh, General Secretary of the Vietnam Internet Association (VIA), said that clear and feasible technical standards are very good but it is important to stimulate demand.

Nguyen Thai

‘Make in Vietnam’ cloud computing: lessons from Huawei

‘Make in Vietnam’ cloud computing: lessons from Huawei

The cloud computing market in Vietnam in 2020 was about 133 million USD. Vietnamese enterprises only exploited about 20% of the market, mainly in the infrastructure segment.

 

MORE NEWS

27 senior Party members disciplined in H1/2022

The Party Central Executive Committee, the Politburo, the Secretariat, and the Central Commission for Inspection disciplined 27 officials managed by the Politburo and the Secretariat in the first six months of 2022, 20 cases up year on year.

Hanoi to inspect fire prevention at all karaoke parlors

Half a month after the karaoke parlor fire in Cau Giay District, the Hanoi People's Committee has asked districts to inspect all karaoke parlors and bars and handle violations.

Vietnam needs extra US$368 billion to achieve net zero emissions

As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs assistance from developed countries regarding both financial and technical issues.

Labor Minister proposes harsh punishment for child offenders

Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung signed an official letter requesting to have harsh punishment for child offenders and strengthening measures to prevent violence against children.

Pu Sam Cap Cave: the hidden charm of Lai Chau

Pu Sam Cap Cave in Pu Sam Cap Commune, Sin Ho District, in the northwestern province of Lai Chau, is known for its wild, beautiful and mysterious beauty.

Hanoi’s three largest parks are seriously degraded

Many public works in the parks of Thu Le, Bach Thao, and Thong Nhat in Hanoi are in disrepair, affecting urban beauty and public experiences.

Why are thousands of public employees taking private-sector jobs?

Many public employees have recently quit their jobs and taken a job in the private sector. This indicates that the public sector is not attractive and that many problems need to be addressed.

Kon Tum Province records 300 earthquakes over a year

The Central Highland province of Kon Tum has recorded more than 300 earthquakes since April 2021, according to the provincial administration.

Highly-infectious BA.2.74 Omicron sub-variant detected in Vietnam

Vietnam has detected a number of new, highly-contagious Omicron sub-variants, including BA.2.74, said the General Department of Preventive Medicine on August 17.

Relaxing visa policy to attract more foreign tourists to Vietnam: insiders

Vietnam’s visa policy should be more open to lure international tourists, insiders have said.

Vietnam Airlines resumes, increases frequency of several flights in September

The national flag carrier Vietnam Airlines will resume flights connecting the central city of Da Nang with Malaysia’s Kuala Lumpur and Thailand’s Bangkok from September 1 and September 15, respectively, the carrier has announced.

Da Lat listed among world’s best places for binge-worthy dating

Booking.com has named Vietnam's Da Lat city among the world's six places for the summer’s binge-worthy dating shows.

Quang Ninh refutes allegations of sea encroachment in Ha Long Bay

The authorities of Quang Ninh province has refuted information that it has allowed a project to conduct sea encroachment and subdivide land plots for sale, which seriously undermined the conservation of the UNESCO-recognised Ha Long Bay.

VN extends time of anti-dumping investigation on tables, chairs from Malaysia, China

The Ministry of Industry and Trade (MoIT) has decided to extend time limit of investigation on applying anti-dumping measures on table and chair products originating from Malaysia and China by six months.

EVFTA and UKVFTA: the same sweet spot

With many similarities, the UK- Vietnam Free Trade Agreement (UKVFTA) could be called a direct copy of the EU- Vietnam Free Trade Agreement (EVFTA).
back_to_top