Vietnam plans to build more IT parks05 June 2014
Xinhua, Ho Chi Minh City :
Vietnam plans to build 19 information technology (IT) parks by 2020, against the current seven ones, local media reported Wednesday.
The country now has seven IT parks spreading over an area of 700,000 square meters. They house 200 enterprises who employ 35, 000 engineers and programmers, sources from the Master Plan for Information Technology Parks Development until 2020 was quoted by Vietnam News daily as reporting Wednesday.
Quang Trung Software City (QTSC), based in southern Ho Chi Minh City, is considered the country's leading IT park with 108 companies. Last year, it reported a turnover of around 2.87 trillion VND (130 million U.S. dollars), a 35.5 percent increase year-on-year.
However, Lam Nguyen Hai Long, vice director of QTSC, said it is not easy to build an IT park, especially for provinces without experience and limited resources.
According to the United Nations Industrial Development Organization, and as QTSC's experience has shown, besides location and size, there are many other factors that contribute to the success of IT parks, including the availability of high-quality human resources locally for long-term development and dovetailing with national, regional and local strategies for political, social and economic development.