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Update news software firms
VietNamNet Bridge - Developing the digital content industry has been a good policy, as it can take full advantage of Vietnamese workers’ competitive edge. But the industry faces issues that need to be addressed.
VietNamNet Bridge - Both software business and state agencies are facing difficulties in providing and receiving IT outsourcing services because of unclear regulations.
Sharing work is what Vietnamese information technology (IT) outsourcing firms, most of which are small, should do to satisfy requirements set by foreign clients. However, they hesitate to share work because of a lack of confidence.
VietNamNet Bridge - Though a Vietnamese game firm has found that one of its products has been copied by a Chinese firm, it does not know what to do to claim its copyright.
VietNamNet Bridge – Local software enterprises are seeking to boost exports to the U.S. to reduce dependence on Japan, which currently generates nearly 40% of revenue and 30% of profit for the software outsourcing industry.
Technology groups said they have been put at a disadvantage, which may make them defeated on the home market.
The Ministry of Finance plans to put software products onto the list of products subject to the 10 percent value added tax (VAT). If this comes true, this would put big difficulties for software firms.