Vietnam Report unveils top 10 prestigious technology companies in 2023

Specifically, the top 10 reputable information technology - telecommunications companies include the military-run Industry and Telecoms Group (Viettel), FPT Joint Stock Company, Vietnam Posts and Telecommunications Group, Mobifone Corporation, CMC Technology Corporation JSC, VNPT Vinaphone Corporation, Vietnam Technology and Communication Joint Stock Company, Hanel Joint Stock Company, Vietnam Maritime Communication and Electronics Company, and Tien Phat Technology Joint Stock Company.

In parallel, the list of the top 10 reputable technology companies providing services, software solutions, and system integration comprises of FPT Software Company Limited, FPT Information System Company (FPT IS), Misa Joint Stock Company, Post and Telecommunications Industry Technology Joint Stock Company, CMC Technology and Solutions Corporation Limited, Elcom Technology-Telecommunication Joint Stock Company, Investment Joint Stock Company Trade and Technology Development FSI, HPT Informatics Services Joint Stock Company, Telecommunications and Postal Informatics Joint Stock Company, and HIPT Group Joint Stock Company.

With regard to the information technology industry's prospects, Vu Dang Vinh, general director of Vietnam Report, said amid emerging challenges and unexpected changes in global macroeconomic aspects, the information and telecommunications industry has made great strides and continued to represent a bright spot for the Vietnamese economy last year.

According to information set out in the report of the Ministry of Information and Communications, the information technology sector raked in US$148 billion last year, representing a year-on-year rise of 8.7%, while the number of digital technology enterprises reached about 70,000 enterprises, marking an increase of 9.5% compared to 2021.

Last year the nation was also named among the list of a few countries in the world capable of producing chips, whilst it also launched a significant cloud computing ecosystem.

Another positive sign can be seen in investment by FDI enterprises in the Vietnamese market which has shifted from outsourcing to investment in research and development with the establishment of research and development centres nationwide.

Amid global economic recession and inflationary pressure, hi-tech firms are required to secure their development goals and devise balanced and comprehensive strategies in order to maintain growth moving forward.