PC Magazine writes of the potential of the central city as an IT investment destination.
PC Magazine from the US has recently published a feature on Vietnam’s information technology sector.
Vietnam had few IT companies 15 years ago, it wrote, but now has 14,000, in hardware, software and digital content.
The article noted that IT was a key factor in economic development. The Vietnamese Government has invested in infrastructure and provided many incentive policies to domestic and foreign enterprises.
Vietnam’s population of over 90 million, average age of around 30, and an increasing number of programmers, engineers, young entrepreneurs and students will promote economic growth and technological innovation in the country.
Every year Vietnam’s universities train thousands of engineers in IT and software engineering. Many large technology groups, the magazine said, such as Cisco, Fujitsu, HP, IBM, Intel, LG, Samsung, Sony, and Toshiba, go to universities to recruit new graduates and many students also seek investment capital to open their own company.
Notably, the magazine said the central city of Danang has the potential to become a high-tech center.
The city’s high-tech zone is able to adapt to growing demand for infrastructure among hardware manufacturers, software companies and international information technology enterprises.
IBM established its first office in Hanoi and Ho Chi Minh City in 1994 and a representative office in Danang in 2012. In the same year it named Danang on a list of the 33 most dynamic cities and gave $50 million to the city to improve its infrastructure over a three-year period.
General Director of IBM Vietnam, Mr. Toon Tan Jee, told PC Magazine he believes in the future development of the IT industry in Danang as its business environment is more open than in Hanoi and Ho Chi Minh City.