Many Vietnamese IT firms are bringing their digital technology products and solutions made in Vietnam to sell in third markets like Japan, Nguyen Thanh Tuyen, deputy director of the Authority of ICT Industry. said.

Citing three major stages of ICT industry development, deputy head of the ICT Authority Nguyen Thien Nghia said Vietnam is in the stage of doing assembly and outsourcing, and has begun shifting to making integrated products.

Global expansion has become a trend in domestic ICT enterprises in recent years.

Vietnamese firms accounted for 27 per cent of the Information and Communications Technology industry's earnings in 2022, a 2.35 percent increase from the previous year, according to a report by the Ministry of Information and Telecommunications.

With outstanding achievements in building and implementing the digital government, digital economy and digital society, the Ministry of Information and Communications was awarded the first-class Labor Medal by the State President.

The traditional telecom market is getting saturated and facing upheavals, including a drop in revenue from traditional calls and SMS, a tighter management policy and changes in technology.

The Ministry of Information and Communications has announced the good performance of businesses in the ICT sector in the first quarter of 2022.

Starting from scratch, the past two decades have seen Vietnam's software and information technology service industry make a bold mark on the world's IT map as it has maintained its position among the top 10 best countries for software outsourcing.

The total revenue of Vietnam’s information and communications industry this year is estimated at an all-time high of VND3,462 trillion (US$151 billion), growing 9% year-on-year.

With positive results in the first half of 2021, Vietnam’s ICT industry is setting out major tasks for the upcoming months, with digital transformation being a focus.

After escaping poverty, we are carrying the aspiration of turning the country into a Dragon and a Tiger. In peacetime, national heroes will be those who bring prosperity and mightiness to the country.

The ICT industry’s role has been significantly elevated by COVID-19 challenges, creating opportunities for it to leapfrog in development. 

The business community in Vietnam is waiting for clear legal documents on digitalisation development for them to perform better in the country.

 VietNamNet Bridge – Foreign direct investment (FDI) enterprises gave a strong boost to the country’s hardware industry last year,