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
CAT tasked with expanding internet infrastructure (The Nation)The Digital Economy and Society (DE) Ministry has disbursed Bt5 billion for the upgrade and development of Thailand’s internet infrastructure…
Southeast Asian SMEs challenged by digital transformation (Channel Asia)Despite the eagerness of regional small and medium-sized enterprises (SMEs) to invest in digital technologies, significant challenges still remain across…
From gold to credit cards in Vietnam (The ASEAN Post)Vietnam may be one of the world’s fastest-growing economies, yet it’s still in the dark ages when it comes to…
The 26th edition of Asia IoT Business Platform in Ho Chi Minh City will bring together both local and international IoT speakers from different vertical industries to 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 26th 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.