Workshop promotes technology sector development

A workshop was held in Ho Chi Minh City on November 29, discussing ways to promote the technology distribution sector.
Workshop promotes technology sector development ảnh 1Illustrative image (Photo: VNA)

HCM City (VNA)
- A workshop was held in Ho Chi Minh City on November 29, discussing ways to promote the technology distribution sector.

The event was held by VietinBank Securities (VietinBankSc) and the Ho Chi Minh Stock Exchange (HOSE).

Market research results from GFK Retail and Technology Market Research show that Vietnam’s technology market was worth 154.7 trillion VND (6.8 billion USD) in 2015, up 22.6 percent from 2014.

From 2011 – 2015, the consumption of technology products recorded an annual increase of 15.7 percent. In the first six months of this year, the figure hit nearly 94.5 trillion VND (4.15 billion USD), an year on year increase of 17.4 percent.

Dang Tran Hai Dang from VietinBankSc said the technology distribution chain has five value-added stages, which are logistics, sales, post-sale services, marketing, and market analysis, adding that domestic enterprises have only focused on sales and logistics, the least lucrative stages in the chain.

Digiworld CEO Doan Hong Viet underlined the potential for market developing services, saying that this service is new to Vietnamese distributors.-VNA
VNA

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