Vietnam is to become Southeast Asian Silicon Valley
(VOV) -The US Technique journal on September 3 analyzed Vietnam’s information technology boom and its future of Southeast Asian Silicon valley model in an article posted on its website http://www.pcmag.com.
It said Vietnam now has nearly 14,000 IT companies while they were not existed 15 years ago.
The Vietnamese government has considered high tech industry a driving force of economic growth with the boost of a young population.
The article introduced Ho Chi Minh City’s upcoming IT conference next month as an opportunity to showcase Vietnam’s recent technological development.
Da Nang is the fourth biggest city in Vietnam, a tourist location known more for its beach resorts and fire-breathing Dragon Bridge than its hi-tech sector. However, after heavy government investments in building a new airport and a highway system, the city’s infrastructure is suited for large-scale economic growth, the article said.
It cited that in 2012, the International Business Machines Corporation (IBM) opened its representative office in the city. The same year, the company recognised Da Nang as one of the 33 cities worldwide to receive IBM’s Smartest Cities Challenge grant and a 50-million-USD programme to revamp the city’s infrastructure within three years.
With a population of over 90 million and a median age of 30.3, Vietnam is defined by a growing population of young coders, engineers, entrepreneurs and students, which is expected to drive local economic growth and technological innovation, it said.
The Vietnamese government has considered high tech industry a driving force of economic growth with the boost of a young population.
The article introduced Ho Chi Minh City’s upcoming IT conference next month as an opportunity to showcase Vietnam’s recent technological development.
Da Nang is the fourth biggest city in Vietnam, a tourist location known more for its beach resorts and fire-breathing Dragon Bridge than its hi-tech sector. However, after heavy government investments in building a new airport and a highway system, the city’s infrastructure is suited for large-scale economic growth, the article said.
It cited that in 2012, the International Business Machines Corporation (IBM) opened its representative office in the city. The same year, the company recognised Da Nang as one of the 33 cities worldwide to receive IBM’s Smartest Cities Challenge grant and a 50-million-USD programme to revamp the city’s infrastructure within three years.
With a population of over 90 million and a median age of 30.3, Vietnam is defined by a growing population of young coders, engineers, entrepreneurs and students, which is expected to drive local economic growth and technological innovation, it said.