The Mekong Delta city of Cần Thơ plans to solicit investment in and offer incentives to the information technology industry.

 

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Mekong Delta eyes IT industry

July 04, 2016 - 09:00

The Mekong Delta city of Cần Thơ plans to solicit investment in and offer incentives to the information technology industry.

 

IT applications are used in teaching.
Viet Nam News

HCM City – The Mekong Delta city of Cần Thơ plans to solicit investment in and offer incentives to the information technology industry.

“The Mekong Delta provinces have not got any high-tech park with proper infrastructure like HCM City and Hà Nội though human resources for the industry are plentifully available,” Võ Hùng Dũng, director of the Việt Nam Chamber of Commerce and Industry’s Cần Thơ branch, was quoted as saying by Thời báo Kinh tế Việt Nam (Việt Nam Economic Times) newspaper.

"They would like to develop the industry but have not been able to launch any project with a comprehensive incentive policy.”

Last year out of 571 projects in which the region solicited investment, only two were in IT.

In March last year the Government approved the “National Targeted Programme on developing IT industry by 2020 with vision to 2025”.

Cần Thơ’s development and incentive policies are likely to be in line with this programme.

Việt Nam has become an attractive destination for high-tech companies and many have come, including Japan’s Sanyo, Matsushita, Sony, Fujitsu, Toshiba, Panasonic, and Nidec, the US’s Intel and Microsoft, and South Korea’s Samsung and LG.

All of them have factories with modern technologies in the country and continue to expand production.

HCM City houses most of the high-tech companies in its Sài Gòn High-tech Park (SHTP).

As of April SHTP had 100 factories, including those belonging to Intel, SamSung, Nidec and Jabil.

Last year its exports were worth US$4 billion, four times the 2011 figure.

The average output of a worker in SHTP is 9.8 times that of workers in other industrial parks and one hectare creates an export value of $14 million. -- VNS

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