Despite having enormous potential, the software industry should accelerateits pace of growth After more than one decade since its birth in 2000, the industry’s accomplishments are undeniable. In 2010, the software industry’s revenue increased by 20 times, the number of companies grew 20 times and the man power 10 times compared to 2001. It is clear that no single sector of the national economy... 

Many foreign investors in hi-tech industries, especially multinational companies, are continuing to pour money into Vietnam even though the world’s economy has yet to completely recover from the global financial crisis. Here are some of the big movers and shakers who have invested in the country. Hi-tech investors tap Vietnam Wintek Corporation, a Taiwanese manufacturer of touch screens for Apple... 

“The rationale of the acquirer for entering into the transaction often provides an indication as to which major intangible assets the acquired company may have” In the acquisition of a business, the price should be based on explicit performance expectations, taking into account the conditions of the specific business as well as assumptions regarding the development of the market, the sector and... 

HCMC – The Italian scooter manufacturer Piaggio began the construction of its second plant in the northern province of Vinh Phuc’s Binh Xuyen Industrial Zone on Wednesday, which once in place will triple its annual production capacity. With this new 20,000 square meter industrial structure, implementing the best of Piaggio’s technologies and processes, the group will be able to raise the production... 

Though the world’s economy has to completely recover from the global financial crisis, high-technology investors, especially international groups, are still pouring money into projects in Vietnam. Nokia, Wintek, HP and… Wintek, a hi-tech development group, the touch screen producer for iPad has decided to set up a factory in Bac Giang province in the north of Vietnam. The Taiwanese group received... 

HCMC – Technology giant HP will open a software research and development center at Quang Trung Software City (QTSC) next week. Chu Tien Dung, chairman of Quang Trung Software City Development Company, said at a press conference on Wednesday on QTSC’s 10th anniversary celebration ceremony slated for March 16 that HP had completed the investment procedure and QTSC had also finished technology infrastructure... 

Nissan Techno Vietnam will invest $15 million in building an automobile research and development centre in Hanoi this year. Under the plan, Nissan Techno Vietnam will start construction of the centre’s first phase this month and is scheduled to put it into operation in July 2011. Nissan Techno Vietnam was established in 2001 and is a 100 per cent equity subsidiary of Japan’s Nissan Techno, which... 

Most Vietnamese IT firms have failed to make adequate investment in research and development due to limited financial capacity and a lack of skilled personnel, said HCM City Computer Association chairman Chu Tien Dung. In the past 10 years, firms focused on creating IT products to meet short-term market demands rather than properly investing in research and development (R&D), Dung said. Domestic...