Irish IT firms seek partners in Vietnam

Irish IT companies are seeking partnerships with domestic businesses in telecommunications applications and financial services software and are willing to share their experiences in setting up and managing IT companies, according to the commercial counselor of the Embassy of Ireland in Vietnam , Michael Garvey.
Irish IT companies are seeking partnerships with domestic businesses in telecommunications applications and financial services software and are willing to share their experiences in setting up and managing IT companies, according to the commercial counselor of the Embassy of Ireland in Vietnam , Michael Garvey.

“Information technology is the most important potential export from Ireland, which is the world’s third leading software exporter,” Garvey told Vietnam News ahead of the first Vietnam-Ireland Business Forum, which will begins on Nov. 16.

The forum, which will focus on cooperation in Vietnam ’s developing software industry, was being organised by the Vietnam Chamber of Commerce and Industry and Enterprise Ireland , the Irish Government’s trade promotion agency. It was expected to attract the participation of eight Irish companies and nearly 100 Vietnamese firms.

“Irish companies have a lot of expertise in telecommunications and financial services, sectors currently exploding in Vietnam , Garvey said. These would offer enormous potential for economic cooperation between the two countries,” he added.

The IT and software industry was chosen as the topic for the first Vietnam-Ireland Business Forum, he said, because Ireland found Vietnam’s IT market very exciting and believed both could find cooperation in this area as a win-win strategy. Irish and Vietnamese companies could collaborate to develop products for export not only to Asian markets, but also to EU and US markets.

A lack of market information was currently the biggest challenge to further developing this working relationship, a problem next week’s forum could help tackle, Garvey said.

In recognition of the trade potential between both countries, the governments of the two countries launched the “Ireland Development Experience Sharing” programme at the beginning of this year, focusing on three areas: economic development, education and private-sector industry, Garvey said./.

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