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Wednesday, May 20, 2020

The power of Vietnam’s software industry


(Mic.gov.vn) - Vietnam’s software industry has high capability, great development potential, and a bright future, experts say.




Vietnam’s software industry has high capability, great development potential, and a bright future

A deputy chair of Vinasa (Vietnam Software Association), reported that the total turnover of Vietnam’s software industry was $8.8 billion in 2017. About 600,000 workers are serving in the ITindustry

The latest survey of Hakathon, the world’s software development competition, showed that Vietnam ranks 23rd in the world in coders’ capability. India and the US had more members participating the competition, but their results were more modest than Vietnam.
  
Meanwhile, a consultant of a management consulting company in Australia said Vietnam’s applied software market gains estimated revenue of $500 million.

He cited important figures: 7 percent of app developers in Asia were from Vietnam in 2014 and the number of smartphones in Vietnam would be $38 million by 2020
A director of the IT Department under the Ministry of Information and Communication, commented that software is the ‘backbone’ of the IT industry in Vietnam

While the revenue from hardware comes from foreign invested manufacturers, Vietnamese software firms have become well known in the world.


About TMA: TMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,500 engineers


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