The young workforce and reasonable software development costs in Vietnam have prompted the US, Japan and EU to choose Vietnam as a destination for information technology (IT) work.

Technology firms are optimistic about their business performance in 2023 and upcoming years.

Vietnam's technology majors are growing their presence in top global markets with many ambitious goals.

Driven by good performance of the ICT industry, Vietnam will issue a number of long-awaited supporting policies ad strategies to strongly accelerate digital transformation in 2023, betting on the ambition to become a regional tech hub.

Foreign and domestic companies are strongly eyeing to develop data centres in Vietnam, as demand for data storage in the country is increasing.

Vietnam is speeding up the development of the digital economy, considering this a "breakthrough" step to promote the country's economic growth in the context of the 4th industrial revolution.

According to statistics from the Ministry of Information and Communications, the communication service market generated around VND 138,000 billion in 2022, an increase of 1.6 percent compared to 2021.

As a son of an army officer, Hoang Nam Tien, President of FPT Telecom, together with the young generation of FPT, are writing their story in peacetime, one about conquering the world with Vietnamese wisdom.

The ICT Press Club has announced Vietnam’s 10 most outstanding ICT events of the year.

Vietnam ICT Press Club yesterday held a meeting in Hanoi to announce the 10 most outstanding ICT events in 2022, voted by over 50 ICT journalists from various press organizations.

While the position and value of Vietnamese tech products are increasing in the global market with the growing presence of titans, more solutions are urged to encourage more to venture afield into globally, and to fully tap the domestic market.

Recognizing that Vietnam’s digital technology firms are lacking capital to operate, a representative of the Institute of Information and Communications Strategy pointed out three bottlenecks facing firms trying to mobilize capital.

The Ministry of Information and Communications has set a target of 100,000 digital technology enterprises in Viet Nam by 2025, a growth of 56.25 per cent compared to last year.

Vietnam now has 68,800 digital technology firms, many of which have made great efforts in researching, developing and manufacturing devices with an aim of mastering high technologies.

The revenue of Vietnam's information and communications technology (ICT) industry was estimated at US$109.5 billion over the first nine months of 2022, a year-on-year increase of 13 percent.

2021 was a memorable year for the ICT industry of Vietnam as digital transformation took place in all fields, and technology became one of the pillars of the fight against Covid-19, for Vietnam’s economic recovery and development.

Minister of Information and Communications Nguyen Manh Hung said that 5G is not just an opportunity to improve connection services and change Vietnam's telecommunications rankings, but also an opportunity to develop the country's ICT industry.