Business
IT firms set high targets for 2015
After ending last year with encouraging results, several IT firms in Ho Chi Minh City have set higher business targets this year.
Dang The Tai, general director of CMC System Integration Saigon Ltd, said his company achieved revenue of 659 billion VND (30.9 million USD) last year compared to 543 billion VND (25.48 million USD) in 2013.
The figure is expected to reach 725 billion VND (34.02 million USD) this year, Tai said.
CMC Saigon is currently one of the two largest Vietnamese companies capable of providing all IT and telecommunication services and solutions, he said.
It accounts for 60 percent of market share in the south in providing professional IT solutions and services for customers in the fields of finance, banking and the stock market.
Le Minh Chau, pre-sales manager of Meganet, which specialises in network solution, equipments and infrastructure, said the company has set a target to achieve 10-15 billion VND (469,263 USD- 703,894 USD) in revenue this year from nearly 4 billion VND last year.
After its success in providing wifi services to universities in HCM City and Da Nang, the company is expanding its services to universities in the north to meet high demand for internet use of students, he said.
Doan Son Hai, CEO of ROBO Technology Corp, reported that the company assembled more than 9,600 computers and more than 1,000 servers, an increase of 5 percent and 10 percent over 2013, respectively.
Its revenue reached 155.3 billion VND (7.28 million UASD) last year, a year-on-year increase of 12 percent.
In its development strategy for the year, the company will expand its distribution system to all provinces and cities nationwide, as well as enhance cooperation with its partners to widen its products and services portfolio, he said.
Several IT companies in Quang Trung Software City, including Larion, Luxoft Vietnam and Global Cybersoft Vietnam, reported good business results last year, with many firms having high recruitment demand.
Ngo Duc Chi, general director of Global Cybersoft company, for instance, said the company's revenue last year was worth 292 billion VND (13.7 billion USD) compared to 244 billion VND (11.45 million USD) in 2013.
It has set a target to achieve a revenue of 380 billion VND (17.8 million USD) this year and increase its staff from 862 to over 1,100, he said.
Vu Anh Tuan, general secretary of the HCM City Computer Association, said Vietnamese IT companies have increasingly paid attention to improving their product quality and design and have reduced prices to raise competitiveness.
The figure is expected to reach 725 billion VND (34.02 million USD) this year, Tai said.
CMC Saigon is currently one of the two largest Vietnamese companies capable of providing all IT and telecommunication services and solutions, he said.
It accounts for 60 percent of market share in the south in providing professional IT solutions and services for customers in the fields of finance, banking and the stock market.
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After its success in providing wifi services to universities in HCM City and Da Nang, the company is expanding its services to universities in the north to meet high demand for internet use of students, he said.
Doan Son Hai, CEO of ROBO Technology Corp, reported that the company assembled more than 9,600 computers and more than 1,000 servers, an increase of 5 percent and 10 percent over 2013, respectively.
Its revenue reached 155.3 billion VND (7.28 million UASD) last year, a year-on-year increase of 12 percent.
In its development strategy for the year, the company will expand its distribution system to all provinces and cities nationwide, as well as enhance cooperation with its partners to widen its products and services portfolio, he said.
Several IT companies in Quang Trung Software City, including Larion, Luxoft Vietnam and Global Cybersoft Vietnam, reported good business results last year, with many firms having high recruitment demand.
Ngo Duc Chi, general director of Global Cybersoft company, for instance, said the company's revenue last year was worth 292 billion VND (13.7 billion USD) compared to 244 billion VND (11.45 million USD) in 2013.
It has set a target to achieve a revenue of 380 billion VND (17.8 million USD) this year and increase its staff from 862 to over 1,100, he said.
Vu Anh Tuan, general secretary of the HCM City Computer Association, said Vietnamese IT companies have increasingly paid attention to improving their product quality and design and have reduced prices to raise competitiveness.
