Illustrative image (Photo: VNA) Hanoi (VNA) – FPT UK Managing Director Mohan Naidu hassaid Vietnam is quickly becoming a hub of technology expertise, and thedigitally-enabled future for Vietnam is just beginning.
In his article published on the UK’s intelligentcio.com on October 12, Naidu said Vietnamese enterprise leaders are looking at allbusiness and talent models to get what they need, especially where emergingtechnologies are concerned.
Vietnam thoroughlyembraced this shift and emerged stronger in the pandemic economy by virtue ofits ambition, vision and willingness to pivot quickly, he wrote.
The article said software outsourcing is set to explode in Vietnam as itsstanding grows as an IT development destination. In recent years, Vietnam’s ITindustries have been moving up the value chain and offering more value-addedwork.
According to theauthor, FPT Software is investing in its intercontinental expansion, withEurope targeted as a first port for capital commitment in the value of 100million USD. The software company established itself in the EU market and inthe UK with its first global client more than 20 years ago. European growth wassteady but its focus and trajectory took it into Japan and the US, where it nowemploys thousands of local and international experts and engineers, reachingrevenues of hundreds of millions in USD annually.
Illustrative image (Source: vnexpress.net)The focus has nowreturned to the UK and Europe, where there is a high demand for digital transformationand innovation projects.
He said the challenge Vietnam faces is a needto grow the digital workforce by an additional 190,000 IT engineers by the endof 2021.
Vietnam tackled this digital fluency challengehead on. A foundation of the attractive talent market in Vietnam is its robust,digitally oriented education system. Currently, Vietnam has 236 universities,149 of which are training IT professionals, delivering more than 50,000 ITengineers to the workforce annually. This lands Vietnam on the list ofthe top 10 nations in the world for the highest number of IT students.
The article stressed that as Vietnamcontinues to promote business reform and cultivate digitally fluent talent; itis poised as a rising star in the global services market.
Earlier, Vietnam ranked ninth in the top 10 digitalnations by the US’s investment strategy consultant Tholons. In 2019, the world’sleading consulting agency AT Kearney listed Vietnam among the top five most attractivedestinations for IT outsourcing while the US technological consulting andresearch agency Gartner considered Vietnam as the Tier 1 emerging offshoreoutsourcing location in the Asia-Pacific./.
