The local information and communications technology (ICT) hardwareindustry should invest more in research and development (R&D) toincrease competitive capacity and seize more market share, experts havesaid.
Pham Thien Nghe, deputy chairman of the Vietnam ElectronicIndustries Association (VEIA), said that investment in R&D wasimportant for both large and small- to medium-sized companies.
Additional capital for R&D activities would assist the ICT industry in making more value-added products.
Moremoney should be poured into R&D rather than in the computer-partsindustry because local companies do not have the capital to invest inthe latter, and have a low share of the hardware market, Nghe said.
Computerparts in the support industry include screws, plastic frames, cartonboxes, mainboards, chips, hard drives, RAMs, keyboards, screens andCPUs, all of which would require billions of dollars in investment.
Nghe said that in today's global market it was not necessary to make all computer parts locally.
Added value for Vietnamese-branded computers has reached an average of 24 percent, with some brands at 30 percent, he added.
He said that hardware, as well as software, could bring high added-value.
Thecountry's ICT market is likely to earn more than 7.6 billion USD thisyear, of which the hardware industry is estimated to account for 84percent, or 4.8 billion USD, according to the HCM City ComputerAssociation (HCA).
Foreign companies hold a 98 percent market share in hardware exports, according to the Ministry of Industry and Trade.
Turnover of Vietnamese-branded computers is expected to be only 300 million USD this year, up from 200 million USD last year.
Inaddition to seeking investment from foreign companies, Nghe said theGovernment should create incentives to help small- and medium-sizedcompanies pour more money and staff into R&D activities that wouldhelp improve design and applications for the latest versions ofhardware.
State-owned institutions should work closely withcompanies on R&D projects, especially those related to embeddedproducts, he said.
The focus of production should be on mobiledevices and specialised electronic equipment for medicine, education andscience, Nghe added./.
Pham Thien Nghe, deputy chairman of the Vietnam ElectronicIndustries Association (VEIA), said that investment in R&D wasimportant for both large and small- to medium-sized companies.
Additional capital for R&D activities would assist the ICT industry in making more value-added products.
Moremoney should be poured into R&D rather than in the computer-partsindustry because local companies do not have the capital to invest inthe latter, and have a low share of the hardware market, Nghe said.
Computerparts in the support industry include screws, plastic frames, cartonboxes, mainboards, chips, hard drives, RAMs, keyboards, screens andCPUs, all of which would require billions of dollars in investment.
Nghe said that in today's global market it was not necessary to make all computer parts locally.
Added value for Vietnamese-branded computers has reached an average of 24 percent, with some brands at 30 percent, he added.
He said that hardware, as well as software, could bring high added-value.
Thecountry's ICT market is likely to earn more than 7.6 billion USD thisyear, of which the hardware industry is estimated to account for 84percent, or 4.8 billion USD, according to the HCM City ComputerAssociation (HCA).
Foreign companies hold a 98 percent market share in hardware exports, according to the Ministry of Industry and Trade.
Turnover of Vietnamese-branded computers is expected to be only 300 million USD this year, up from 200 million USD last year.
Inaddition to seeking investment from foreign companies, Nghe said theGovernment should create incentives to help small- and medium-sizedcompanies pour more money and staff into R&D activities that wouldhelp improve design and applications for the latest versions ofhardware.
State-owned institutions should work closely withcompanies on R&D projects, especially those related to embeddedproducts, he said.
The focus of production should be on mobiledevices and specialised electronic equipment for medicine, education andscience, Nghe added./.
