Japan to lift investment in VN IT sector (Việt Nam News)

Deputy Minister of Information and Communications Nguyễn Minh Hồng delivers a speech at the Việt Nam – Japan ICT Day 2018.
(Photo: Việt Nam News)

HÀ NỘI — Japanese information and technology (IT) firms have been expanding their investment into Việt Nam and hiring more Vietnamese workers, according to experts at the Việt Nam-Japan ICT Day held in Hà Nội on Wednesday.

A survey by the Ministry of Internal Affairs and Communications in 2017 showed that the rate of applying artificial intelligence (AI) at Japanese companies was only 1.9 per cent. However, the demand for newly arisen technologies such as the Internet of Things (IoT), AI, robotics and self-driving cars in Japan has rapidly increased while the country faces a shortage of around 171,000 IT engineers. It is expected that Japan will lack 369,000 IT engineers specialising in new technologies by 2020.

“The shortage of high quality human resources and increasing demand for engineers in the new technologies will open a huge co-operation opportunity for both Japanese and Vietnamese companies in the upcoming time,” said Hironobu Kitagawa, Chief Representative of the Japan External Trade Organisation (JETRO).

He said Japan defined Việt Nam as one of its potential markets for investment. Japan has invested in 54 IT projects into Việt Nam, accounting for 19.6 per cent of the total FDI projects in the country. The investment by Japanese enterprises into Việt Nam is expected to increase in the coming time.

According to the US technology company HackerRank, Việt Nam has potential for software development as it took the first position in Southeast Asia and 23rd in the world in the industry.

“Human resources has always been strength of Việt Nam in the ICT sector,” said Nguyễn Đoàn Hùng, vice chairman of Việt Nam Software & IT Services Association (VINASA).

Currently, Việt Nam has 290 universities and colleges providing training to people in the IT sector, educating 55,000 students a year.

“The Fourth Industrial Revolution together with new technology trends such as IoT, Ai, Big Data and the digital transformation as well as abundant human resources will open big co-operation opportunities for Việt Nam,” Hùng added.

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Việt Nam News

30 August 2018

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