MIC Deputy Minister Nguyen Minh Hong said the event provides assistance to businesses and scientists involved in the information technology (IT) industry to seek cross-border partnership opportunities.
Digital content is a new but very promising sector that has already contributed to Vietnam’s economic growth. Although estimated to account for just 10 percent of earnings from IT industries, revenue from digital content has grown 20-40 percent over the past ten years.
In 2011, Vietnam’s IT sector consisted of 500-600 enterprises generating over 60,000 jobs and earning over US$1 billion.
Choi Youn Chel, a representative from the Korean Creative Content Agency (KOCCA), said the RoK has the leading digital content industry in the world, with the market valued at nearly US$3 billion in 2012. The country is now focusing on new technologies for personalisation, 3D and virtual reality.