Business News

[27-09-2016] Many investors are rushing to develop software park projects in Hanoi. Experts, warning about ‘software park inflation’, say that investors have ‘other purposes’ when eyeing such projects. The Hanoi People’s Committee said it has received a document from Becamex ITC which asked for permission to develop a key software and digital content park, capitalized at VND24 trillion.

[24-09-2016] PM Nguyen Xuan Phuc asked for drastic and effective actions in order to create a revolution in information technology (IT) application as a new development method for sharpening national competitiveness. The PM made the above statement on Saturday at the Viet Nam Information and Communication Technology (ICT) Summit 2016 themed “Digital revolution – Opportunities and challenges.”

[21-09-2016] International Transportation and Trading Joint Stock Company (ITC) on September 18 inaugurated SP-ITC International Container Terminal worth more than US$200 million in HCMC’s District 9. The terminal has a 1,000-meter-long pier that can handle two million twenty-foot-equivalent units (TEU) and receive container vessels of 35,000 DWT in the first phase.

[25-05-2016] The Prime Minister has approved the establishment of a provincial level Hi-Tech Biotechnology Park in the southern province of Dong Nai. The park, which will cover an area of 207.8 hectares in Cam My District, will carry out research, incubation, development  and the application and transfer of high-tech biotechnology as well as training related human resources.

[03-05-2016] The Ministry of Information and Communications is expected to issue 4G service licenses in Vietnam by the end of this year when local telecom firms have completed their pilot plans for the new service.

[03-05-2016] The Hoa Lac Hi-Tech Park in Hanoi will offer the best possible incentives to investors in order to attract and encourage investment and help the park reach its targets, according to Deputy Prime Minister Vu Duc Dam. He assigned the Ministry of Science and Technology to research and determine special echanisms and policies for application at the hi-tech park.

[25-04-2016] More than 60 percent startups have been using information technology (IT) in their business. Small and medium enterprises now tend to use IT to create their competitiveness, but the IT application index still remains modest.

[07-03-2016] Prime Minister Nguyen Tan Dung has approved a pilot programme to expand the country's software parks by setting up Quang Trung Software City (QTSC) alliance. Under the pilot programme, HCM City together with other localities or provinces will upgrade infrastructure for IT development.