Vietnam to become Silicon Valley of Southeast Asia

The information technology (IT) boom is expected to help Vietnam become the Silicon Valley of Southeast Asia, according to an article posted on the website http://www.pcmag.com.
 Vietnam to become Silicon Valley of Southeast Asia ảnh 1Illustrative image (Source: VNA)

The information technology (IT) boom is expected to help Vietnam become the Silicon Valley of Southeast Asia, according to an article posted on the website http://www.pcmag.com.

The article, entitled “Vietnam’s Tech Boom: A Look Inside Southeast Asia’s Silicon Valley,” said Vietnam had barely any IT companies 15 years ago, but now there are close to 14,000 IT businesses spanning hardware, software and digital content.

The Vietnamese Government sees the tech sector as the linchpin of the country’s economic growth, it said, adding that the country has invested heavily in infrastructure and passed economic policies encouraging both domestic and international entrepreneurs to do business in Vietnam.

Da Nang is the fourth biggest city in Vietnam, a tourist location known more for its beach resorts and fire-breathing Dragon Bridge than its hi-tech sector. However, after heavy government investments in building a new airport and a highway system, the city’s infrastructure is suited for large-scale economic growth, the article said.

It cited that in 2012, the International Business Machines Corporation (IBM) opened its representative office in the city. The same year, the company recognised Da Nang as one of the 33 cities worldwide to receive IBM’s Smartest Cities Challenge grant and a 50-million-USD programme to revamp the city’s infrastructure within three years.

The article said the Da Nang Hi-Tech Park, one of several established as part of Vietnam’s 2020 IT Master Plan, houses offices and factories for a growing number of international IT and software companies, hardware manufacturers and infrastructure plants powering the central Vietnamese city at the heart of a tech boom.

With a population of over 90 million and a median age of 30.3, Vietnam is defined by a growing population of young coders, engineers, entrepreneurs and students, which is expected to drive local economic growth and technological innovation, it said.

The system of universities from the capital of Hanoi in the north to the coastal central city of Da Nang and Ho Chi Minh City in the south churns out hundreds of well-trained IT and software engineering graduates annually, the article said, adding that many are recruited right out of school by companies like Cisco, Fujitsu, HP, IBM, Intel, LG, Samsung, Sony and Toshiba.

More than 150 multinational tech companies along with over 200 Vietnamese IT and outsourcing companies and 20 universities are expected to participate in a tech conference to be held in Ho Chi Minh City in October of this year.-VNA

VNA

See more

Ambassador Dang Hoang Giang (L) and UN Under-Secretary-General Amandeep Singh Gill (Photo: VOV)

UN Under-Secretary-General lauds Vietnam as key partner in AI

Under-Secretary-General of the United Nations (UN) and UN Secretary-General's Envoy on Technology Amandeep Singh Gill has called Vietnam a model of technological progress and a potential linchpin for global cooperation in advancing AI capabilities.

Visitors visit a booth introducing technology products. - Illustrative image (Photo: VNA)

OV intellectuals offer solutions for national sci-tech development

Vietnam is among the top 10 countries in terms of blockchain adoption, interest, understanding, and discussion. The application and development of blockchain technology play a crucial role in building advanced digital infrastructure, ensuring data security and reliability, and laying a foundation for developing the digital technology industry.

There should be a concerted effort to protect children in the cyber space. (Photo: VNA)

More tools released to protect children online

The Ministry of Information and Communications has issued the Code of Conduct on Child Protection in the Internet Environment, aiming to establish standards of language and behaviour for users and promote a safe, healthy, and civilised cyber environment.

Deputy Prime Minister Nguyen Hoa Binh and other officials join the opening ceremony of Da Nang Software Park 2. (Photo: VNA)

Da Nang opens Software Park 2

The central city of Da Nang officially opened its newly-built Software Park No 2, which will provide working space for 6,000 IT engineers and investors in semiconductor industries and micro chip design.