Prime Minister ratifies national information technology program
Prime Minister Nguyen Xuan Phuc has approved the national information technology program in 2016-2020 to streamline the e-Government model and promote the country’s IT sector.
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![]() Hoa Lac High-Tech Park in the capital city of Hanoi
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The program targets to remove Vietnam from the list of 20 countries with the highest rate of malware infection in the world according to the ranking of international organizations.
Besides, the program targets that from now to 2020 Vietnam will build at least seven IT parks as stated in the Prime Minister's Decision No. 392/2015 / QD-TTg of March 27, 2015. At the same time, it will also support research and development of at least three electronic hardware products in the fields of IC, semiconductor chips and at least 6 platform products used in government agencies and society and at least one digital content product in service of state agencies.
Under the Decision No. 392, the Prime Minister has approved an overall plan for developing concentrated information technology (IT) parks by 2020 with a vision to 2030. Provinces and cities must meet several conditions to build such parks, such as having sufficient financial resources to build infrastructure and already having important IT projects or products.
In order to realize those targets, the PM urged relevant agencies to improve regulations, mechanisms and incentive policies for concentrated IT parks. He emphasized that all economic sectors and foreign investors should be encouraged to participate in developing the parks, especially when it came to building technical infrastructure.
The master plan also calls for more investment in research and development in the parks, promoting exchanges and linkages between parks and setting up research and training establishments.
Besides those measures, the PM suggested creating mechanisms to allow the establishment of venture capital funds to foster start-ups in IT parks.
Vietnam has targeted to become a strong ICT country by 2020 and to use technology to drive competitiveness and national economic growth. And it has the ambition to be among the fastest growing ICT countries in the world ranked by the International Telecommunication Union.
Deputy Prime Minister Vu Duc Dam said that the digital aspect of the global economy is among the leading drivers of growth and development, and the foundation for increased industrial productivity, as well as creating opportunities for businesses.
He said that all necessary measures to promote investment in the information sector in terms of legal framework, infrastructure investment and human resources development will be employed.
Ministries and localities have been making efforts to improve the information and communication sector’s business environment to attract investment and promote sustainable development.
Through efforts from both the public and private sectors in collecting data and creating a common source of information across all economic sectors, the Government hopes to connect foreign investors and enterprises with their Vietnamese counterparts in information technology, especially e-commerce, creative start-ups and the banking system.
According to the Deputy PM, for Vietnam to truly become a destination for foreign information technology investors, just in time for the fourth industrial revolution, reviewing and amending investment attraction policies should become important.
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