VietNamNet Bridge - Vietnam’s software firms are developing steadily with stable revenue growth rate of 50 percent per annum. Vietnam's software industry is developing rapidly One of the most important goals set in the Party Politburo’s Directive No 58 released in 2000 was developing IT, especially software, into an important key industry Vietnam’s software firms only began learning ‘how to walk’ two decades ago, when China and India had already become the world’s software export centers. However, they just needed a short time to be added to the list of leading software exporters. In 2000, FPT took the first steps to export software. But in 2014-2017, the largest Vietnamese IT group was recognized by IAOP (International Association of Outsourcing Professionals) as one of top 100 outsourcing service providers – The Global Outsourcing 100. Gartner, when assessing the IT outsourcing services provided by the countries in Asia Pacific, … [Read more...] about What’s status of Vietnam’s software industry after two decades of development?
Outsourced product development companies
Kim Le, outsourcing and staffing manager for North Vietnam of ManpowerGroup In you role for ManpowerGroup, you often work with customers on human resources (HR) related issues. What are the challenges facing the majority of businesses today? The biggest challenge facing businesses in Vietnam and the world nowadays is the inability to balance the HR supply and demand. Forty five per cent of businesses out of a total of 39,195 in 43 countries and territories joining ManpowerGroup's Talent Shortage Survey said that they cannot find the skills they need, and for large organisations (250 + employees) it is even higher, with 67 per cent reporting talent shortages. As per our survey, most of the top-ten in-demand roles today require post-secondary training and not always a full university degree. In the digital age, employment will not always require a college degree, but rely heavily on continual skills development as even the most traditional roles are augmented with new technology. … [Read more...] about Outsourcing an important strategy to ease labour shortages
After inspecting 2,273 items sold by Mumuso Vietnam Import Export Company Limited in the country, the Ministry of Industry and Trade (MOIT) said 99.3 percent was imported from China. Earlier, the company, whose product range includes beauty, healthcare, fashion accessories and home appliances, said that it was a legitimate Korean enterprise that has outsourced production to China. It had also said then that the product designs are made by a South Korean company. The inspectors said local laws were violated despite the firm’s explanation saying that Mumuso is a trademark established in Korea and its products are manufactured at its headquarters in Shanghai, China. The inspectors also said Mumuso put out a lot of content expressing its products’ connections to Korea, could show no documents or other proof for such information, especially relating to the origin and the technology used. The company was violating the Vietnamese Competition Law by engaging in unfair competition … [Read more...] about Korean-licensed Mumuso sells Chinese products, found guilty of ‘misleading’ consumers
Viet Nam News HCM CITY— Blockchain is increasingly taking centre stage in the IT industry and is expected to help develop Việt Nam’s economy, according to the Ministry of Information and Communications. Speaking at the two-day Blockchain Festival Vietnam which ended in HCM City on May 25, Dr Đào Đình Kha, director of the ministry’s Department of Information Technology, said blockchain is one of breakthrough technologies of the 4th industrial revolution, and can help develop many different areas of Việt Nam’s economy and society. “This technology could potentially cause problems,” he admitted, explaining it would disrupt the traditional business structure and have an influence on many segments of the economy and society. “So ensuring this technology benefits when is very important. A legal framework is needed to resolve potential problems.” He said the Government is holding discussions with Vietnamese … [Read more...] about Blockchain to help develop VN economy: seminar
A rising tide of industries moving operations from China and India to less-developed Asian countries undermines global targets to reduce climate-changing emissions, researchers said. Many energy-intensive industries, including manufacturing and raw materials processing, are relocating to cheaper countries like Indonesia, Thailand and Vietnam, a study by Britain’s University of East Anglia (UEA) showed on Monday. “The Chinese production system is starting to transform to be more higher value-added,” said Dabo Guan, professor of climate change economics at UEA and a co-author of the report. “The price of labor in China has increased quite a lot,” he told the Thomson Reuters Foundation. The shifts in production and trade will make it harder to meet the Paris Agreement goal of cutting emissions enough to keep the rise in global average temperatures to “well below” 2 degrees Celsius (3.6F) above pre-industrial times, Guan said. Efforts by smaller … [Read more...] about China, India outsource emissions, risking climate goal: study