The IoT Market Potential
Vietnam is one of the fastest growing economies in the world. With further boosts by greater economic and trade liberalisation by the government, Vietnam’s aggregate annual growth is estimated at 6.5 percent for the period of 2018 to 2022. Going forward, one of Vietnam’s focus is on its IT sector, in pursuit of becoming an industrial country by 2020. To incentivise investments in the country, the government has pledged to invest USD111.6 million from the State budget in the IT sector by 2020.
The government has also approved the Smart Urban Development Plan(2016 – 2030), consisting 3 phases.
Phase 1 (2016 – 2020): Building legal policies and intelligent infrastructure foundation, subjected to pilot implementation
Phase 2 (2020 – 2025): Finalization of legal regulations and application of ICT framework to smart cities development
Phase 3 (2025 – 2030): By 2030, the first phase of pilot project is expected to be completed, forming a network of smart cities nationwide
Vietnam’s IT Sector: 5 Industries to Watch (Vietnam Briefing)Vietnam’s information technology sector is experiencing high growth, driven by low costs and high-quality labor. Vietnam has now become the…
Vietnam Immersing Herself In The Industry 4.0 FlowWe are on the cusp of the 4th Industrial Revolution, or Industry 4.0. This revolution is expected to impact all…
Digital transformation essential for business in 4IR era (Vietnam Plus)Former Minister of Trade Truong Dinh Tuyen (second, left) speaks at the conference in Ho Chi Minh City on October 20…
2019 Asia IoT Business Platform program will focus on concrete discussions between IoT solution providers and end users to address key challenges and pain points in implementing IoT in businesses. Esteemed speakers from across different industries will provide insights on issues, challenges, and the latest developments in the IoT landscape in Vietnam.
Sponsorship & Exhibitions Opportunities
Asia IoT Business Platform is a dynamic business program that helps you to understand more about the enterprise IoT market in Vietnam as well as the needs and challenges of your prospective clients and partners. Leverage the program to establish important connections for your business development in Vietnam.
The 33rd edition of Asia IoT Business Platform in Vietnam will bring over 200 senior stakeholders from the Government, telecommunications, manufacturing, logistics, transportation, healthcare, finance, and other vertical sectors to explore the possibility of adopting IoT solutions for business efficiency.