Vietnamese Ambassador to the UK Nguyen Hoang Long speaks at the event (Photo: VNA)Co-organised by the Vietnam Software and ITServices Association (VINASA), the UK's technology trade association techUK, the Vietnamese Embassy and Trade Office in the UK, the event introduced the ICTcapacity of Vietnamese companies and connected them with their UK peers.
Vietnamese Ambassador to the UK Nguyen Hoang Longexpressed his hope that in the next five years, technology will be a key areaof cooperation between the two nations, particularly concerning digital health,financial centres, and financial technology.
Vietnam is currently a topdestination in Southeast Asia for ICT, while the UK is the best place in the worldfor digital business. Total revenue of the Vietnamese ICT industry increasedfrom 30 billion USD in 2013 to 148 billion USD today, with an average annualgrowth rate of 10.5%, said Hoang Anh Tu, Deputy Director of theDepartment of International Cooperation under the Vietnamese Ministry ofInformation and Communications.
Tu said Vietnam is seeking partners in the digitisationprocess and considers British technology businesses among its top partners.
VINASA Deputy Chairwoman and Secretary GeneralNguyen Thi Thu Giang held that Vietnam and the UK have a lot of potentialfor ICT cooperation, which covers the development of digital transformationsolutions for both the public and private sectors; digital transformation forcities and urban areas; new technologies such as AI, blockchain, and metaverse;and the establishment of IT/software development centres.
Vietnam, with its strategic location in theregion, is also a gateway for British enterprises to enter the ASEAN market,she added.
Deputy CEO of techUK Antony Walker emphasised that withthe UK’s policy of leaning towards the Indo-Pacific and its participation inthe Comprehensive and Progressive Agreement for Trans-Pacific Partnership(CPTPP), its cooperation with Vietnam at the governmental, sectoral, national,and business levels is more important than ever to the UK.
Debby Davidson, co-founder and COO of Acclime, said tech firms’ demand for digital transition coupled with the VietnameseGovernment’s digital transformation policy will make the country an attractivedestination for British businesses within the next five years.
Meanwhile, Mohan Naidu, Managing Director of FPT Software UK,pointed out Vietnam’s advantages as an emerging innovation destination.
Thecountry sees 57,000 IT bachelors graduating each year, he said, adding that having athriving ITC industry, it was the world's second fastest growing digitaleconomy in 2022 and is expected to rank first in 2024./.
VINASA Deputy Chairwoman and Secretary GeneralNguyen Thi Thu Giang held that Vietnam and the UK have a lot of potentialfor ICT cooperation, which covers the development of digital transformationsolutions for both the public and private sectors; digital transformation forcities and urban areas; new technologies such as AI, blockchain, and metaverse;and the establishment of IT/software development centres.
Vietnam, with its strategic location in theregion, is also a gateway for British enterprises to enter the ASEAN market,she added.
Deputy CEO of techUK Antony Walker emphasised that withthe UK’s policy of leaning towards the Indo-Pacific and its participation inthe Comprehensive and Progressive Agreement for Trans-Pacific Partnership(CPTPP), its cooperation with Vietnam at the governmental, sectoral, national,and business levels is more important than ever to the UK.
Debby Davidson, co-founder and COO of Acclime, said tech firms’ demand for digital transition coupled with the VietnameseGovernment’s digital transformation policy will make the country an attractivedestination for British businesses within the next five years.
Meanwhile, Mohan Naidu, Managing Director of FPT Software UK,pointed out Vietnam’s advantages as an emerging innovation destination.
Thecountry sees 57,000 IT bachelors graduating each year, he said, adding that having athriving ITC industry, it was the world's second fastest growing digitaleconomy in 2022 and is expected to rank first in 2024./.
VNA
