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A rising middle class, growing internet usage, and a young population present a great combination for the fintech sector to thrive. This investment is largely driven by Edtech centers’ ability to bridge the gap between traditional education environments and learning needs inspired by the private sector. After nearly 15 years of succesful development, IT in Vietnam has achieved the next level of matured stage and obtained a new power. Automation of Data c…, The value of Geospatial Data has been highlighted during the pandemic, and access to geospatial data allowed to con…. Vietnam’s e-commerce activity is most active in Hanoi and Ho Chi Minh City. Resolution No 41/NQ-CP lays out specific preferential policies for the IT sector, including a 50 percent reduction in personal income tax for workers employed in the IT sector. Along with high rate of internet and smartphone penetration, E-commerce is definitely a promising field for IT industry in Vietnam. In Vietnam, various types of platform are developing strongly, especially in e-logistics with names of Grab, Go-Viet, FastGo, Be, Now, AhaMove, along with others operating in healthcare, business and accommodation in Jupviec, eDoctor, Luxstay, Homedy, Chili. A survey by BetterCloud informed that by 2020, 73% of enterprises would run almost entirely on SaaS. This helped the software industry reach revenues of US$8.8 billion in 2018, according to the Vietnam Software and IT Services Association. Vietnam’s plans for a digital economy, smart cities, and start-ups have helped the country’s IT industry continue to record strong revenue growth. This Thursday, techUK is hosting a Decrypting Diversity event with, Jo Shannon emphasises how other emerging technologies will push innovation of Geospatial Data. This represents a significant opportunity to penetrate rural markets –  rural internet connectivity is strong, and a majority of the population lives there. A few notes on Elon and the current state of Tesla. Vietnam is a 12th partner, while Japan is still negotiating deals with Indonesia and Thailand. The government unveiled similar CIT incentives for computer programming activities as well, including a value-added tax of zero percent.

Due to strong growth trajectories, strategic advisory firm and global outsourcing firm Tholons has rated Vietnam as the eighth leading provider of IT services globally. Software outsourcing has gained traction over the last decade in Vietnam. There has been a steady improvement since then with a continued maturity of the existing industry, a wave of new graduates, foreign investment, and startups. 10 St Bride Street London EC4A 4AD T 020 7331 2000F 020 7331 2040E info@techuk.org. However, there are 6 more sectors that have emerged as top IT trends such as Fintech, AI, Blockchain, SaaS, E-commerce and Marketplace platform. Save my name, email, and website in this browser for the next time I comment. The ongoing areas of work we are pursuing on behalf of the tech sector. Vietnam Briefing is produced by Dezan Shira & Associates. Seen as a technology to address challenges involving transparency in a cyberworld dominated by anonymity, Vietnam with a strong contingent of diligent and capable IT engineers is considered one of the emerging Blockchain hubs in the region, stated the report.

Several companies like TomoChain and Kyber Network deal in cryptocurrency, allowing consumers faster and cheaper transactions. The latest report “Vietnam IT Landscape 2019” by TopDev proves that offshore outsourcing is not the only focus and provides insights into the new seven trends of the sector. Fintech in Vietnam has recorded significant achievement such as some world-class startups like Momo — Top 100 global Fintech and the world’s №1 financial management app Money Lover. Headquarter Office: Level 2, Moc Gia building, 1039 Cach Mang Thang Tam Street, Ward 7, Tan Binh District, HCMC, Vietnam. Consumers also use social media like Instagram and Facebook for e-commerce. Meanwhile, Ho Chi Minh City and Ha Noi have are in the world’s top 20 most attractive cities for outsourcing. Government Cloud 4.3. The software industry revenue rose 12.7% compared to 2012, reached 1,361 million USD. Your email address will not be published. It’s no surprise that foreign investors from Japan, Singapore, South Korea, and Australia are showing interest. Most recently, Vietnamese startup Everest Education secured a US$4 million investment by a Hong Kong-based equity firm. This is a single user license, allowing one specific user access to the product.

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