Vietnam aims to be top 10 IT power by 2020

Prime Minister Nguyen Tan Dung has approved a master-plan on information technology (IT) which calls for efforts to elevate Vietnam to a top ten IT power by 2020, Vietnam News Agency (VNA) reported.

Its overall target emphasises international standards for IT human resources and the key role played by the industry, especially software and digital content as well as services, in gross domestic product (GDP)growth and exports.

By 2020, the industry is expected to contribute between 8 and 10% of the country’s GDP and its revenue growth to double or treble the GDP growth rate.

Up to 30% of IT graduates will be qualified to fill international market openings by 2015 and 80% by 2020.

The number of Internet users will account for over 50% of the population by 2015 and over 70% by 2020.

Domestic enterprises are urged to design and produce equipment to replace imports by 2015, to bring Vietnam to a top ten supplier of software processing service and digital content.

According to VNA the broadband infrastructure will be expanded to almost all rural villages and hamlets while the mobile broadband network will cover up to 95% of the national population by 2020.

With all this effort, Vietnam is expected to enter the group of 55 under the International Telecommunication Union (ITU) ranking, which represents the one-third of leading nations in this field.

Vietnam is also set to emerge among the one third of leading nations in the UN ranking in readiness for e-Government and Vietnamese e-Government is set to rank above average in the world, VNA said.- Bernama

Tags: Vietnam IT industry, Vietnam IT sector