QUOTE
Viet Nam's IT industry records impressive takeoff
07/06/2004 -- 20:13(GMT+7)
Ha Noi, July 6 (VNA) - 2003 marked the successful lift-off of Viet Nam's information technology industry as it recorded a significant growth rate of 28.7 percent and a turnover of 515 million USD.
The turnover included 120 million USD worth of software production, a 41 percent rise year on year, with exports of products under subcontracts earning an additional 30 million USD.
Subcontracting and software export activities showed promising signs, reflected in the increase of 50 percent in software programming staff from 8,000 to 12,000 people with each earning around 10,000 USD per year.
According to Le Truong Tung, Chairman of the Ho Chi Minh City IT Association, Vietnamese software producers eye Japan as a hotspot for them to obtain subcontracts. The fact showed that more Japanese software businessmen have flocked to Viet Nam recently to study the IT market as well as to seek new partners.
As a consequence, the Viet Nam-Japan Software Joint Venture, known as VIJASGATE, was set up last year with its members comprising six Vietnamese software companies and seven Japanese counterparts. The venture will pave the way for Vietnamese companies to win more subcontracts from Japan in the future.
Although Viet Nam's standing in the global IT map generally has not been improved much, it ranked 20th of the world's 25 countries offering the best software outsourcing services, according to the 2004 Viet Nam IT Overview Report.
In 2003, the country's hardware exports grew 27 percent to 700 million USD, mainly by foreign-invested businesses.
The most prominent business was Fujitsu which grossed 423.6 million USD, followed by Canon with 200 million USD. Canon, whose operation began at the Thang Long Industrial Zone in Ha Noi in May of 2002, planned to inject an additional 100 million USD to expand production in Viet Nam this year.
In order to create "made in Viet Nam" computer trademark, many computer assembly companies in the country have invested in installing state-of-the-art assembly lines. Last year, 30 computer assembly companies marketed around 100,000 computers on the domestic market, helping gain an equal market share in comparison with the sales of computers imported into Viet Nam.
It was also worth mentioning the breakthroughs in the country's Internet market where the ratio of Internet users in Viet Nam is nearing the average ratio in Asia.
Between June of 2003 and May of 2004, the number of Internet users in Viet Nam saw a record rise of 2.5 times, from 1.9 million to 4.5 million, and the number of Internet subscribers rocketted from 466,000 to 1.16 million.-Enditem
07/06/2004 -- 20:13(GMT+7)
Ha Noi, July 6 (VNA) - 2003 marked the successful lift-off of Viet Nam's information technology industry as it recorded a significant growth rate of 28.7 percent and a turnover of 515 million USD.
The turnover included 120 million USD worth of software production, a 41 percent rise year on year, with exports of products under subcontracts earning an additional 30 million USD.
Subcontracting and software export activities showed promising signs, reflected in the increase of 50 percent in software programming staff from 8,000 to 12,000 people with each earning around 10,000 USD per year.
According to Le Truong Tung, Chairman of the Ho Chi Minh City IT Association, Vietnamese software producers eye Japan as a hotspot for them to obtain subcontracts. The fact showed that more Japanese software businessmen have flocked to Viet Nam recently to study the IT market as well as to seek new partners.
As a consequence, the Viet Nam-Japan Software Joint Venture, known as VIJASGATE, was set up last year with its members comprising six Vietnamese software companies and seven Japanese counterparts. The venture will pave the way for Vietnamese companies to win more subcontracts from Japan in the future.
Although Viet Nam's standing in the global IT map generally has not been improved much, it ranked 20th of the world's 25 countries offering the best software outsourcing services, according to the 2004 Viet Nam IT Overview Report.
In 2003, the country's hardware exports grew 27 percent to 700 million USD, mainly by foreign-invested businesses.
The most prominent business was Fujitsu which grossed 423.6 million USD, followed by Canon with 200 million USD. Canon, whose operation began at the Thang Long Industrial Zone in Ha Noi in May of 2002, planned to inject an additional 100 million USD to expand production in Viet Nam this year.
In order to create "made in Viet Nam" computer trademark, many computer assembly companies in the country have invested in installing state-of-the-art assembly lines. Last year, 30 computer assembly companies marketed around 100,000 computers on the domestic market, helping gain an equal market share in comparison with the sales of computers imported into Viet Nam.
It was also worth mentioning the breakthroughs in the country's Internet market where the ratio of Internet users in Viet Nam is nearing the average ratio in Asia.
Between June of 2003 and May of 2004, the number of Internet users in Viet Nam saw a record rise of 2.5 times, from 1.9 million to 4.5 million, and the number of Internet subscribers rocketted from 466,000 to 1.16 million.-Enditem







