Vietnam has 5,600 new digital technology firms in 2021

In 2021, Vietnam recorded 5,600 newly-established digital technology businesses, stemming from the need to work, sell and communicate online in the context of the COVID-19 pandemic.
Vietnam has 5,600 new digital technology firms in 2021 ảnh 1A staff member of Postmart (Vietnam Post) - a completely Make-in-Vietnam e-commerce platform (Photo courtesy of Vietnam Post)
Hanoi (VNS/VNA) - In 2021, Vietnam recorded 5,600newly-established digital technology businesses, stemming from the need towork, sell and communicate online in the context of the COVID-19 pandemic.

Nguyen Thanh Tuyen, Deputy Director of Information Technology Department underthe Ministry of Information and Communications (MIC), said statistics from theministry showed that Vietnam currently had about 64,000 digital technologyenterprises with more than one million employees. The working environment andnon-contact economy due to the COVID-19 pandemic had made digitaltransformation faster and stronger as well as promoted the digital businesscommunity.

"The number of Make-in-Vietnam businesses has increased sharply,” Tuyensaid.

The department said in 2020, there were more than 34 platforms announced by theMIC as Make-in-Vietnam products. Many information security products had beenalso launched by Vietnamese enterprises. Digital technology enterprises such asVNPT, Viettel, CMC and FPT had potential and made great contributions to thedevelopment of digital government and digital economy with the construction ofnational digital platforms.

In 2021, with the ministry’s leadership, Vietnamese businesses have researchednew technologies such as 5G, artificial intelligence (AI), and Big Data. Thishas never been seen before.

“That is the spread of the Make-in-Vietnam spirit and we hope that it willspread more to build more Make-in-Vietnam businesses and have more products,platforms, and pride of Vietnamese people in the near future," he added.

Deputy Minister Pham Duc Long said that Make-in-Vietnam enterprises were bothVietnamese enterprises as well as foreign enterprises investing, researching,and manufacturing in Vietnam.

The country's digital technology industry has also achieved impressive growthresults. In 2020, due to the impact of the pandemic, the world economywitnessed negative growth. Vietnam achieved a GDP growth rate of 2.91 percentand became one of the few economies with positive growth. Vietnam's digitaltechnology industry had a growth rate of over 9 percent, which was three timeshigher than GDP growth.

Long said currently, Vietnamese digital technology enterprises had not onlyprocessed and assembled products for foreign countries, with the spirit ofMake-in-Vietnam, but also manufactured and mastered products and platforms forthe country’s digital transformation.

With the spirit of Make-in-Vietnam, the products of local digital technologyenterprises had been used and brought about many benefits.

The Deputy Minister gave specific examples that the digital transformation ofpublic services and document management systems in localities were byMake-in-Vietnam firms. The smart city management centres in 38 localities hadbeen built by Vietnamese digital technology enterprises.

Meanwhile, in the economic sector, Vo so (Viettel Post) and Postmart (VietnamPost) are two e-commerce platforms completely Make-in-Vietnam, which havehelped farmers, especially during the COVID-19 pandemic.

"The spirit of Make-in-Vietnam has solved the problem of Vietnam andachieved many successes," he added./.
VNA

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