VN’s 10 leading IT companies in Industry 4.0 announced

The Vietnam Software and Information Technology Services Association (VINASA) yesterday held the announcement ceremony for the list ‘Vietnam’s 50+10 Leading IT Companies 2018’ in Hanoi.
Ms. Nguyen Thi Thu Giang, General Secretary of VINASA, is introducing the list of 10 Prominent Companies with Technology Ability in Industry 4.0. Photo by Tran Binh
Ms. Nguyen Thi Thu Giang, General Secretary of VINASA, is introducing the list of 10 Prominent Companies with Technology Ability in Industry 4.0. Photo by Tran Binh

Having been organized since 2014, the program ‘Vietnam’s 50 Leading IT Companies’ has experienced many adjustments to encourage businesses to actively participate in the digitization process and well prepare for the new global technological trends, especially in the Industry 4.0.

Launched in June 2018, the program aims at choosing 50+10 companies in the four fields of Business Process Outsourcing (BPO), IT Outsourcing and Knowledge Process Outsourcing (KPO); Software, IT Solutions and Services; Digital Content, Applications, and Solutions for Mobile Devices; and 10 Prominent Companies with Technological Ability in Industry 4.0.

After the preliminary, evaluation, and final rounds, the program was able to select 53 companies in the two groups of Vietnam’s 50 Leading IT Companies and 10 Prominent Companies with Technological Ability in Industry 4.0.

Statistics show that these enterprises had the total revenues of VND374,433 billion (approx. $16.69 billion) last year. The returns of the nominated aspect were VND71,857 billion ($3.2 billion), accounting for 35.5 percent of the whole software, digital content, and IT services sector of Vietnam in 2017. The overall number of human resources in these companies was 92,795, making up 22.9 percent of the whole industry.

Many of the mentioned businesses like the Vietnam Military Telecommunications (Viettel), the FPT Group, MISA Joint Stock Company, CMC Company, VNG Joint Stock Company, are now the key of the Vietnamese technological field with impressive potential and strong development power.

The organization board of the program mentioned the worrisome fact of various IT enterprises, which is a grave shortage of human resources for Industry 4.0, particularly in the time that ministries, agencies, units, and organizations in Vietnam are fostering the digital transformation process in both management, manufacturing, and trading activities.

There exists a very challenging task of retraining IT employees regarding new technologies such as Artificial Intelligence, Internet of Things, Robotics, Augmented Reality, Virtual Reality, Blockchain, Big Data and suitable skills for the growth of a ‘4.0 society’ as well as a digital economy.

According to Dr. Mai Liem Truc, Former Deputy Minister of Post and Telecommunications cum President of the Judge Board of the program, thanks to the advantage of the young and active IT human resources in Industry 4.0, many Vietnamese IT businesses are now intensely focusing on developing cutting edge technologies and have achieved impressive breakthroughs. In the upcoming time, there will be more promising companies participating in the ‘Industry 4.0 game’ in order to market the image of Vietnamese IT to the international community.

On this occasion, VINASA also published a book named ‘Vietnam’s 50+10 Leading IT companies 2018’ to introduce IT companies of the country to international counterparts. Recently, the previous version of this publication has been used in many major IT events like the Japanese IT Day, the Vietnamese IT Day, the Vietnam ICT Summit 2017, the international exhibition Software & Application Development Expo 2018 (SODEC), the CeBIT Hanover in June 2018.

The new book is supposed to be used in trade promotion events with international delegations who come to Vietnam to seek suitable partners.

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