UK newspaper upbeat about Vietnam’s digitally-enabled future
FPT UK Managing Director Mohan Naidu has said Vietnam is quickly becoming a hub of technology expertise, and the digitally-enabled future for Vietnam is just beginning.
Hanoi (VNA) – FPT UK Managing Director Mohan Naidu hassaid Vietnam is quickly becoming a hub of technology expertise,ꦕ and thedigitally-enabled future for Vietnam is just beginning.
In his article published on the UK’s intelligentcio.com on October 12, Naidu said Vietnamese enterprise leaders are looking at allbusiness and talent models to get what they need, especially where emergingtechnologies are concerned. Vietnam thoroughlyembraced this shift and emerged stronger in the pandemic economy by virtue ofits ambition, vision and willingness to pivot quickly, he wrote. The article said software outsourcing is set to explode in Vietnam as itsstanding grows as an IT development destination. In recent years, Vietnam’s ITindustries have been moving up the value chain and offering more value-addedwork. According to theauthor, FPT Software is investing in its intercontinental expansion, withEurope targeted as a first port for capital commitment in the value of 100million USD. The software company established itself in the EU market and inthe UK with its first global client more than 20 years ago. European growth wassteady but its focus and trajectory took it into Japan and the US, where it nowemploys thousands of local and international experts and engineers, reachingrevenues of hundreds of millions in USD annually.
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The focus has nowreturned to the UK and Europe, where there is a high demand for digital transformationand innovation projects. He said the challenge Vietnam faces is a needto grow the digital workforce by an additional 190,000 IT engineers by the endof 2021. Vietnam tackled this digital fluency challengehead on. A foundation of the attractive talent market in Vietnam is its robust,digitally oriented education system. Currently, Vietnam has 236 universities,149 of which are training IT professionals, delivering more than 50,000 ITengineers to the workforce annually. This lands Vietnam on the list ofthe top 10 nations in the world for the highest number of IT students. The article stressed that as Vietnamcontinues to promote business reform and cultivate digitally fluent talent; itis poised as a rising star in the global services market. Earlier, Vietnam ranked ninth in the top 10 digitalnations by the US’s investment strategy consultant Tholons. In 2019, the world’sleading consulting agency AT Kearney listed Vietnam among the top five most attractivedestinations for IT outsourcing while the US technological consulting andresearch agency Gartner considered Vietnam as the Tier 1 emerging offshoreoutsourcing location in the Asia-Pacific./.
National Assembly Chairman Vuong Dinh Hue met leaders of outstanding enterprises in applying science and technology in Hanoi on October 12 on the occasion of their attendance at Vietnam Business Leaders’ Forum.
Digital transformation to build a digital world is not the business of a single country, organisation or individual but a global matter that requires a global approach and contributions, Prime Minister Pham Minh Chinh said at the virtual ministerial roundtable in the framework of the ITU Digital World 2021 on October 12.
As co-host of International Telecommunication Union (ITU) Digital World 2021, Vietnam has marked 50 years of ITU Telecom events and aims for inclusive tech-driven prosperity.
FPT Group was honoured seven times at a recent ceremony announcing awards of the Top 10 Information and Communications Technology (ICT) Companies of Vietnam in 2021 hosted by the Vietnam Software and IT Services Association (VINASA).
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
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Illustrative image (Source: vnexpress.net) 
