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Local tech platforms expand into global markets

Having gained a foothold in the domestic market, many technological platforms created by Vietnamese companies are now extending their reach to the world and been welcomed in foreign markets, according to Ha Noi Moi (New Hanoi) newspaper.
Local tech platforms expand into global markets ảnh 1VNPT workers check 5G equipment (Photo: VNPT)
Hanoi (VNA) - Having gained a footholdin the domestic market, many technological platforms created by Vietnamesecompanies are now extending their reach to the world and been welcomed inforeign markets, according to Ha Noi Moi (New Hanoi) newspaper.

The Military Industry and Telecoms Group(Viettel) was the first to manufacture 5G devices in Vietnam, helping Vietnam tobecome the fifth country in the world to master 5G infrastructure and produce5G devices.

It has also taken the lead in developing anonline charging system (vOCS), which not only calculates charges but alsorecords customers’ use of telecom services. The application has served 170million customers around the globe since 2017.

Doing business in 10 markets abroad, Viettel hasapplied for and been granted four patents in the US, which will help itsproducts compete with international rivals.

The newspaper cited Nguyen Cuong Hoang, DeputyGeneral Director of the Viettel High Technology Industries Corporation, assaying that the vOCS 4.0 version has new functions and will open up morebusiness opportunities for the corporation around the world.

Meanwhile, FPT is not only a supplier oftechnological solutions, applications, and products in many important fieldsbut also a major partner of various businesses around the world.

Its artificial intelligence (AI) platform FPT.AInow has nearly 500,000 users, generating 1.84 billion VND (79,600 USD) inrevenue by the end of the first quarter this year.

In 2020, it overcame a number of major rivals tosecure a contract worth 150 million USD to carry out digital transformation at aleading automobile company in the US.

Digital transformation platforms helped the groupenjoy growth of 31 percent in the technology segment last year.

The Vietnam Posts and Telecommunication Group(VNPT), another of the country’s telecom giants, has developed its ONE Telcodevice management platform, which assists multi-device management on large-scaletelecoms networks.

Put into use in 2017, the platform has beenmanaging nearly eight million devices, helping VNPT substantially reduceoperational costs and save millions of USD on purchasing foreign copyrights.

VNPT said ONE Telco has been applied by manydomestic and foreign telecom service providers, including those in Thailand,Indonesia, and Myanmar, helping to manage nearly 10 million devices.

BioID, a biometric identification andauthentication platform, is also being used by five large Vietnamese clientsand is expected to bring in about 5 billion VND in revenue for VNPT this year.

Ngo Dien Hy, General Director of the VNPTInformation Technology Company, noted that the group expects that BioID willbecome the No 1 biometric identification and authentication platform in Vietnamand be deployed in markets such as Laos, Cambodia, and Myanmar./.
VNA

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