Vietnam will soon become the fastest growing country in the world.

Billionaire Narayana Murthy, co-founder of Infosys Technologies, who is known as the “Bill Gates of India” visited Vietnam from May 19-23.

Mr. Narayana Murthy’s information sharing and meeting event at Hoa Lac Hi-Tech Park (Hoa Lac Hi-Tech Park) on May 20th with more than 300 people, mainly from the Vietnamese IT industry. The event was attended by Mr. Bui Hoang Phuong - Deputy Minister of Information and Communications.

Room for cooperation in the field of AI

Speaking at the program, Deputy Minister of Information and Communications Bui Hoang Phuong said that the cooperative relationship between Vietnam and India has always been sustainable and developed well over the past 50 years. In particular, in the current context, technology has great potential, the room for development between the two countries is even greater, especially in the fields of artificial intelligence (AI), semiconductor technology...

In Vietnam, the information technology (IT) and digital technology industry is developing rapidly, with growth of 15-20% over the past 10 years. Many large foreign corporations are also participating in Vietnam such as Samsung and LG. Vietnam also has large corporations that are competitive with foreign companies such as FPT and VNPT.

Deputy Minister Bui Hoang Phuong said that the IT industry is growing at a rate of 15-20% per year.

According to Mr. Bui Hoang Phuong, to achieve the above results, the Vietnamese Government has issued a series of dynamic and creative policies such as the policy on developing concentrated IT zones. Since 2001, Vietnam has had 8 concentrated IT zones, with more than 1,000 operating enterprises.

In addition, the Government has issued many preferential policies in the field of software production activities, supporting FDI enterprises in Vietnam. In addition, there are many strategies such as the AI ​​development policy until 2030, the goal of making AI an important field in Vietnam.

In the coming time, the Government will continue to issue many support policies and mechanisms. For example, in June, the Government will issue a project to develop semiconductor human resources until 2030, submit it to the National Assembly, and it is expected that by 2025, the Digital Technology Industry Law will be issued to promote this field.

Information technology and digital technology are considered new productive forces, contributing to the modernization of the country. Deputy Minister Bui Hoang Phuong hopes that Mr. Murthy, with his knowledge and vision, will share with the Vietnamese community ways of management, operation, new technology trends, and trends to develop the country's economy.

The Deputy Minister of Information and Communications emphasized that Vietnam welcomes businessmen and large corporations to visit and invest in Vietnam. Mr. Murthy's presence affirmed Vietnam's interest and position before international friends, and at the same time called on the Indian business community and other countries to have deeper cooperation, connecting Vietnam with India and the world. The leader of the Ministry of Information and Communications also highly appreciated FPT's initiative in attracting leading businesses and corporations to Vietnam.

Many countries need to learn Vietnamese creativity.

Mr. NR Narayana Murthy, co-founder of Infosys, said that he respects the courage, diligence, discipline and ambition of many generations of Vietnamese people. He believes that many countries in the world need to learn from the creativity of Vietnamese people.

“Vietnam will soon become one of the leading developing countries in Asia and the fastest growing in the world, bringing prosperity to its people faster than many other countries in Asia. I have no doubt about your development in the future,” the Indian billionaire said about Vietnam’s future in the next 20-25 years.

Billionaire Narayana Murthy in a conversation with Vietnamese IT professionals at Hoa Lac Hi-Tech Park

Mr. Murthy begins his story with the time he lived and worked in France, he realized that to solve the problem of poverty in India, he needed to create jobs, which only businesses could do. However, his first experiment failed because he forgot an important principle of business, which is to evaluate the market. Therefore, his first startup quickly closed. After that, he founded a new company with other colleagues.

By the 1980s, Mr. Murthy again saw many opportunities in the US for software services, especially as computers were introduced to the workforce while computer power was still limited.

“I took the opportunity and started it for my business,” said Mr. Murthy. “Money was not that important to me. My life philosophy was to prove how important business can be in creating jobs. That was what I wanted to prove for India. Solving poverty, that was my dream and ambition,” said Mr. Murthy.

Mr. Truong Gia Binh, Chairman of FPT Board of Directors (left) moderated the discussion with the Indian billionaire.

During the conversation, Mr. Murthy mentioned "entrepreneurial spirit" many times. Because businesses are founded by entrepreneurs, working together to turn ideas into jobs, contributing to the development of the country. They also have the spirit of entrepreneurship, daring to dream, daring to dream. "In some ways, the entrepreneurial spirit helps us a lot in business activities," Mr. Murthy affirmed.

According to Mr. Murthy, it is the respect from customers that will help businesses achieve 100% profit, with the trust of customers, the company will attract employees from other businesses. To invest long-term, businesses need to achieve this.

Sharing the secret to successful business leadership, Mr. Murthy said that at work, leaders and employees are not friends, we have different responsibilities and obligations during working hours. "Out of the office, we are friends. However, in the office we have ranks and levels," he said.

Mr. Narayana Murthy visited Hoa Lac Hi-Tech Park

The co-founder of Infosys believes that IT is a field with huge demand. The demand for technology is always there because technology is always changing and constantly moving.

The Indian businessman believes that software technology service companies need to create different values ​​for customers. Each company needs a standard information system to satisfy the requirements of partners. That is also an advantage that only technology companies can do. In addition, focusing on learning, being open-minded, learning from competitors, cultures, being willing to improve ideas, and satisfying requirements will also bring success. In addition, most organizations when having sales, bringing in more revenue also need to focus on controlling costs, creating more jobs, and having resources to take care of employees. Businesses also need to focus on green energy, limiting environmental pollution...

Mr. Narayana Murthy became an IT legend and was dubbed the “Bill Gates of India” when he transformed Infosys from an unknown company into a symbol of the country’s software industry. In 1999, Infosys was the first Indian company to be listed on the US stock exchange Nasdaq. In 2023, the company achieved a revenue of over 18 billion USD, had 320,000 employees, was present in 50 countries worldwide and had a market value of over 70 billion USD.

According to Forbes' 2023 statistics, Murthy owns a fortune worth 4.1 billion USD, ranking 711th among the richest people on the planet.

Source: https://congthuong.vn/bill-gates-cua-an-do-viet-nam-se-som-tro-thanh-quoc-gia-tang-truong-nhanh-tren-the-gioi-321375.html