Sci-Tech

Vietnam IT outsourcing conference opens in HCM City

The 2015 Vietnam IT outsourcing conference (VNITO) opened in Ho Chi Minh City on October 15 with 400 corporate executives from Vietnam and 20 other countries worldwide taking part.
Vietnam IT outsourcing conference opens in HCM City ảnh 1Illustrative image (Source: VNA)

The 2015 Vietnam IT outsourcing conference (VNITO) opened in Ho Chi Minh City on October 15 with 400 corporate executives from Vietnam and 20 other countries worldwide taking part.

Hosted by the Quang Trung Software Park and Ho Chi Minh Computer Association (HCA), the two-day event intends to discuss IT development and outsourcing trends, trade promotion, investment and business.

HCA General Secretary Vu Anh Tuan said VNITO is the first large-scale event held by Vietnam since the country entered the IT outsourcing market 15 years ago. It is expected to introduce Vietnamese enterprises to partners in the region and the world.

Le Thai Hy, Director of the municipal Department of Information and Communications, called for more government incentives for IT staff, including reducing personal income taxes.

On the occasion, 33 leading IT software outsourcing companies will be honoured in the largest, leading and best prospect business categories.

Last year, they raked in 5.48 trillion VND (249 million USD) in earnings and are expected to enjoy a 25 percent growth in revenue this year; some of them are on track for a 145 percent growth.

According to the 2015 report of Tholons, a leading strategic advisory firm for global outsourcing and research, Ho Chi Minh City ranks 18 th and Hanoi 20 th among the top 100 most attractive cities for software outsourcing in the world.

The global real estate advisor Cushman & Wakefield also recently chose Vietnam as the top spot in the business process outsourcing (BPO) index for the first time.-VNA

VNA
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