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Wednesday, December 1, 2021

IT revenue grows 9% in Jan-Oct

The Saigon Times

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HCMC – Total revenues of the information technology (IT) industry amounted to VND2.562 quadrillion (US$110.7 billion) in January-October this year, increasing 9% compared with the same period last year.

IT revenues in the third quarter of 2021 soared 26.8% from the second quarter, according to the Ministry of Information and Communications.

Revenues of the hardware and electronic sector reached US$98.1 billion, accounting for some 90% of the total.

Revenues of Vietnamese IT companies amounted to VND292 trillion, accounting for 11% of the total.

The cyber security sector achieved positive growth amid the Covid-19 pandemic. Cyber security revenue reached over VND1.5 trillion, rising 8% year-on-year.

Meanwhile, the post sector was severely affected by the pandemic. As of the end of the third quarter, revenues from post services reached VND7.5 trillion.

In October, revenues from telecommunication services increased a fractional 0.09% compared with the same period last year. The number of smartphone users reached 91.71 million, accounting for 74.1% of the total mobile phone subscribers and rising 10.4% year-on-year.

In related news, the Ministry of Information and Communications is collaborating with the Ministry of Education and Training to implement a program in which students will be supported to gain access to the Internet and computers to facilitate their online learning amid the pandemic.

The program aims to provide mobile Internet connections for 283 remote locations to facilitate online learning among local children.

Besides, the program is mobilizing one million computers for school children of poor and near-poor households across the country this year, especially for areas at risk of Covid-19 transmission.

In the second stage (2022-2023), the program will continue to mobilize more resources, aimed at ensuring 100% of students from poor and near-poor households in the country have computers to learn online.

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