Hanoi contributes 10% of the total revenue of the IT industry

On June 27, Hanoi Department of Information and Communications held a conference to deploy the ' Plan to develop Vietnamese digital technology enterprises in Hanoi by 2025' .

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According to Deputy Minister Bui Hoang Phuong, in recent times, Hanoi city leaders have paid attention to directing and prioritizing the promotion of IT and digital technology industry development in the area. Photo: Hanh Le

Speaking at the conference, Deputy Minister Bui Hoang Phuong commented that in recent years, Hanoi and localities across the country have made great contributions to the remarkable development of Vietnam's digital technology industry, becoming one of the economic sectors with great influence on the overall development of the country. In 2023, the digital technology industry contributed more than 6.5% of GDP.

Always a locality in the top group of the country in IT and digital technology industry, in 2023, Hanoi ranked 3rd in the country in terms of revenue in the field, reaching 327,000 billion VND (about 13 billion USD), equivalent to 10% of the revenue of the entire IT industry in the country.

Hanoi ranks second in the country in terms of software industry and first in terms of IT service revenue; there are more than 7,300 digital technology enterprises operating in the area, ranking second in the country. Notably, Hanoi is the first locality to allow the Department of Information and Communications to establish the IT Industry Department.

"This demonstrates the innovation in thinking of the leaders of the City People's Committee and the Department of Information and Communications, and also affirms the role and importance of the digital technology and IT industry in the capital," Deputy Minister Bui Hoang Phuong commented.

Assessing that Vietnam is facing opportunities to become a country with a leading digital technology industry in the region and the world, Deputy Minister Bui Hoang Phuong recommended that Hanoi take advantage of this opportunity to develop breakthroughs and lead the country in the field of digital technology industry.

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Mr. Nguyen Viet Hung, Director of Hanoi Department of Information and Communications, said that developing digital technology enterprises is an important task to develop the capital's ICT digital economy.

Mr. Nguyen Viet Hung, Director of Hanoi Department of Information and Communications, emphasized: Developing Vietnamese digital technology enterprises to promote innovation plays an important role in realizing the opportunities and potentials that digital transformation brings. Hanoi City has identified this as an important task to develop the capital's ICT digital economy.

The issuance of the 'Plan for developing Vietnamese digital technology enterprises in Hanoi by 2025' is to concretize and clearly define the tasks and solutions for developing 4 types of Vietnamese digital technology enterprises as stated in Directive 01 of 2020 of the Prime Minister on 'Promoting the development of Vietnamese digital technology enterprises'.

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Deputy Director in charge of the Department of Information Technology and Communications Nguyen Thien Nghia and Director of the Hanoi Department of Information and Communications Nguyen Viet Hung signed the cooperation program. Photo: Hanh Le

Informing the conference delegates about the highlights of the plan, Mr. Nguyen Anh Viet, Head of the IT Industry Department (Hanoi Department of Information and Communications) said that the three main groups of targets of the plan include: Developing 10,000 digital technology enterprises; forming 10 groups of digital technology products as key industrial products of the city; incubating 10 innovative digital technology startups capable of providing the market with digital technology products and services to serve the development of digital government, digital economy and digital society of the capital.

The plan also sets out 5 groups of general tasks and solutions and 17 groups of specific tasks and solutions that will be focused on in the coming time to develop Hanoi's digital technology enterprises.

"Hanoi has many problems that need digital technology businesses to participate"

Within the framework of the conference, the program of coordination in state management of IT industry for the period 2024 - 2025 between the Hanoi Department of Information and Communications and the Department of Information Technology and Communications Industry (Ministry of Information and Communications) was signed. The three main contents of this program are: Coordination in developing policies and legal documents; coordination in developing concentrated IT zones and IT products and solutions, digital technology; coordination in information sharing activities and improving professional and technical qualifications.

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Director of Hanoi Department of Information and Communications Nguyen Viet Hung and representatives of 3 associations signed a memorandum of understanding on cooperation. Photo: Hanh Le

The Hanoi Department of Information and Communications also signed a 'Memorandum of Understanding on cooperation in developing digital technology enterprises in Hanoi for the period 2024 - 2025' with the Vietnam Software and IT Services Association (VINASA); 'Plan to implement the Coordination Program on promoting digital transformation, building a smart Hanoi city in 2024' with the Hanoi Association of Information Technology and Telecommunications; 'Memorandum of Understanding on cooperation in developing digital technology enterprises and promoting digital transformation in small and medium enterprises in Hanoi for the period 2024 - 2025' with the Hanoi Association of Small and Medium Enterprises.

In addition, the Hanoi Center for Training, Consulting and Information Technology under the Department of Information and Communications also signed the 'Coordination Program for developing the Hanoi City's innovative IT business incubator for the period 2024 - 2025' with VINASA, MISA, and Weangles Fund Management Company to implement the tasks assigned by the City People's Committee to the Hanoi City's innovative IT business incubator.

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Representatives of Hanoi IT Training and Consulting Center signed a cooperation program with VINASA, MISA and Weangles. Photo: Hanh Le

Assessing the cooperation signing activities of the Department of Information and Communications with units as an important and meaningful activity, Deputy Minister Bui Hoang Phuong also believes that this is a model for the whole country in terms of cooperation between relevant parties to promote the development of the IT and digital technology industry.

Affirming that the Ministry of Information and Communications will continue to accompany and support localities and enterprises in developing the digital technology industry, Deputy Minister Bui Hoang Phuong also said: The Ministry of Information and Communications assigned the Department of Information Technology and Communications Industry to be the focal point to coordinate with Hanoi to implement the contents of the cooperation agreement.

The Deputy Minister requested the Hanoi Department of Information and Communications to advise the leaders of the City People's Committee to pay attention to and prioritize resources for implementing the plan to develop Vietnamese digital technology enterprises in Hanoi until 2025; and direct relevant agencies to continue to strengthen the work of attracting investment projects from foreign technology corporations.

Associations, unions and IT and digital technology enterprises in Hanoi are requested to proactively and actively propose breakthrough solutions to help the city take the lead in developing the IT and digital technology industry.

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VINASA Chairman Nguyen Van Khoa proposed that Hanoi focus on developing semiconductors, artificial intelligence and green digital transformation. Photo: Hanh Le

From the association's perspective, VINASA Chairman Nguyen Van Khoa hopes that Hanoi will act as a 'midwife' for digital technology enterprises, including startups and businesses operating in the area, to promote the three fields of semiconductors, artificial intelligence, and digital transformation - green transformation. Stating that VINASA member enterprises will focus on investing in platforms and solutions serving the digital economy and digital society, Mr. Khoa suggested that Hanoi order and choose to use good digital technology platforms from domestic enterprises.

In response to VINASA's proposal, Mr. Nguyen Viet Hung affirmed that Hanoi has always been a major customer of technology enterprises, and said that the city has many problems regarding digital government, digital citizens, digital society, and digital economy that enterprises can participate in, providing products and solutions to solve.

Hanoi strives to build a smart city Implementing Resolution 18 of the Hanoi Party Committee, over the past two years, all levels and sectors of the city have made continuous efforts to complete the goal of building the capital in a smart and modern direction to serve more than 8.5 million people and hundreds of thousands of businesses.