Vietnam is a leading information technology (IT) services destination in Asia, heard a press conference in Ho Chi Minh City on August 8 on the upcoming IT service export conference 2017.
President of the Vietnam
Information Technology Outsourcing Alliance (VNITO) Lam Nguyen Hai Long said
the IT outsourcing industry is growing in Vietnam, especially in HCM City.
Photo for illustration
The city earns nearly one
billion USD per year from exporting IT services, he noted.
According to the global
real estate adviser Cushman & Wakefield, Vietnam was ranked first in the
world’s business process outsourcing (BPO) in 2016.
The US Gartner’s research
and advisory company ranked Vietnam first among the six leading destination in
global technological transfer in Asia-Pacific in 2016.
The latest research from
the KPMG service firm showed that Quang Trung Software City in HCM City was
ranked third in eight technological parks in terms of land occupancy rate,
incentives, and telecom infrastructure and ranked fourth in scale, efficiency
and operation of businesses, FDI attraction, and human resources skills.
CEO and President of
LogiGear Corp Hung Nguyen suggested increasing capacity for youngsters and
investing in research and development activities, as well as reform
technologies to increase competitiveness.
The IT service export
conference 2017 is scheduled to take place in HCM City on October 19-20 with
the participation of over 150 multinational groups and 250 domestic IT
businesses to promote Vietnam’s potential in the field and connect domestic and
foreign companies.
Source:PANO
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
