Top 10 outstanding digital technology enterprises announced
The Vietnam Software and IT Services Association (VINASA) held a ceremony to announce and honour the Top 10 Outstanding Digital Technology Enterprises in Vietnam 2024 on September 21.
Hanoi (VNA) 𓆉- The Vietnam Software and IT Services Association (VINASA) held a ceremony to announce and honour the Top 10 Outstanding Digital Technology Enterprises in Vietnam 2024 on September 21.
The event, hosted in Hanoi, was attended by representatives from the Ministry of Information and Communications, technology experts, and over 400 delegates, including business leaders and professionals from digital technology companies.
For 2024, the programme introduced changes in the award categories, now comprising eight groups divided into 28 fields, including a special group. The inclusion of ESG (Environmental, Social, Governance) standards was introduced as an added advantage for businesses practising sustainable development in their operations and governance.
After two months of nominations, the programme attracted significant interest, with 81 nominations from 56 enterprises making it to the Top 10 list of Outstanding Digital Technology Enterprises 2024. Among them, 11 companies reported revenues in the trillions of dong.
The 11 trillion-VND technology enterprises contributed 82.2 trillion VND in revenue, employing 52,244 workers. (Photo: VietnamPlus)
According to statistics, the total revenue of the companies on this year's Top 10 list reached 115.5 trillion VND (over 4.7 billion USD), employing 76,767 workers. Notably, the 11 trillion-VND technology enterprises contributed 82.2 trillion VND in revenue, employing 52,244 workers.
Despite global economic challenges in 2023, Vietnamese digital technology enterprises achieved impressive growth. In the software export and technology services sector, many companies saw revenue growth between 10 and 40%. Standout performers included GEM with growth rates of 80-100%, Techvify at 140%, NTQ Solution with 37.15%, and VMO Holdings with 41.33%.
Companies providing digital transformation services domestically also reported positive results, with several significant government projects being awarded to companies such as CMCTS, CTIN, VNT, FPT IS, MK Smart and Mobifone. FPT Software, in particular, exceeded 1 billion USD in revenue from international markets, marking a 27% growth.
Ngo Dien Hy, Vice Chairman of VINASA, said the sustainable development of Vietnam's digital technology enterprises is built on the foundation of owning, developing, and applying advanced technological tools. It also cultivates a strong workforce of outstanding IT experts and engineers, particularly in artificial intelligence (AI). Many companies have created AI products that have been patented and have won various international awards.
the 11 trillion-VND technology enterprises contributed 82.2 trillion VND in revenue, employing 52,244 workers. (Photo: VietnamPlus)
The growth formula for many digital technology enterprises recently has been significant investment in R&D, specifically in applying AI tools such as OCR, chatbots, code converters, code generators, and test automation. These tools aim to increase labour productivity, accelerate product packaging processes, and optimise resources, thereby driving both revenue and profit growth.
After the awards ceremony, the list of the TOP 10 Excellent Digital Technology Enterprises of Vietnam 2024 will be presented by VINASA to government agencies, ministries, and over 5,000 large organisations that apply information technology nationwide.
Additionally, this list will be shared with businesses, associations, trade offices, and trade promotion organizations across 100 countries and economies within VINASA’s international cooperation network.
The list of the TOP 10 Excellent Digital Technology Enterprises of Vietnam 2024, along with accompanying publications in three languages—Vietnamese, English, and Japanese—will be available for free download on the program’s website at www.top10ict.com and VINASA’s official website at www.vinasa.org.vn./.>
The 2024 international technology exposition (iTech Expo 2024) kicked off in Ho Chi Minh City on July 10, featuring more than 350 booths by both domestic and foreign firms.
Ho Chi Minh City is playing a key role in strengthening the relationship between Vietnam and Indonesia, Vice Chairman of the municipal People’s Committee Duong Ngoc Hai said during a celebration of Indonesia's 79th National Day in the southern hub on September 19.
The Ministry of Information and Communications (MIC) on August 12 held a working session with relevant ministries and agencies to collect feedback on the draft Law on Digital Technology Industry before submitting it to the Government and the National Assembly.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
