Vietnam’s top 10 ICT businesses 2021 programme launched

The Vietnam Software and IT Services Association (VINASA) launched Vietnam’s top 10 ICT businesses 2021 programme on April 7.

The Vietnam Software and IT Services Association (VINASA) launched Vietnam’s top 10 ICT businesses 2021 programme on April 7.
The Vietnam Software and IT Services Association (VINASA) launched Vietnam’s top 10 ICT businesses 2021 programme on April 7.

The programme aims to support the government’s goal to have 100,000 digital technology companies by 2030.

Launched since 2014, the Top 10 Vietnam ICT businesses programme includes three main activities of voting for outstanding enterprises in the 17 ICT fields in Vietnam, developing a special three-language publication, and boosting connections between ICT businesses and potential international and domestic customers.
To date, the programme has selected and introduced 390 excellent enterprises, with 20 publications in three languages (Vietnamese, English, Japanese) sent to more than 2,000 domestic agencies and units, and more than 10,000 partners from over 100 countries and economies in the world in the international cooperation network of VINASA.
This year’s event will select the 10 best ICT companies in 17 categories, divided into three groups according to their working field, business model, digital transformation solution provision, technological ability, and competitiveness.

Candidate enterprises will be evaluated across seven criteria as followed financial indicators; human resources; products and services; technology and R&D capacity; leadership and business management; awards, titles and recognised achievements; and special assessment for each sector.

The evaluation process features three rounds – profile selection, presentation and verification, and final voting. Judges will comprise leading experts in technology, finance, corporate governance, e-Commerce, start-ups, and media.

This year, the voting categories are expanded with the honouring of leading companies in new sectors - Fintech, Proptech, EdTech, and MedTech.

The presentation round is scheduled from April 15 to May 6. The announcement and award ceremony will take place on July 13, prior to the Vietnam ICT Summit 2021.

In the last 5 years, the ICT industry has always recorded the fastest growth rate, 26.1 percent per year on average. This industry has greatly contributed to the general national development and modernization of Vietnam.

In 2020, the revenue of the ICT industry was US$120 billion, including US$6 billion from software development and digital content (2 times higher than the one in 2015). The productivity and labour output values of this industry were also 3 to 10 times higher than those of others, reaching US$20,000 per person per year. The proportion of domestic contribution also accounted for 90%-95 %.