The tax exemption and reduction for businesses will help enterprises in science and technology to develop and compete with major powers.
On November 18, in Ho Chi Minh City, the Ministry of Information and Communications cooperated with the Ministry of Industry and Trade and the People’s Committee of Ho Chi Minh City to organize seminars and exhibitions on enterprises, digital products “Make in Viet South 2020 – Vibrand 2020 “with the theme” Brand of Vietnam information technology, electronics and telecommunications industry in the context of the Industrial Revolution 4.0
Statistics in 2019, the total revenue of the ICT industry reached 112,350 billion USD, of which the ICT industry export reached 91.5 billion USD, up 10% compared to 2018. The ICT industry has brought the industry news and communication will become one of the major contributors to the GDP structure of the country, with an expected contribution of about 7.3%, if including FDI, the contribution will be more than 16% of GDP in 2020. In particular, in the difficult context of the Covid-19 pandemic, the information and communication industry plays an even more important role in the age of the digital economy.
According to experts, Vietnamese technology enterprises will be a pioneer in implementing strategic breakthroughs in science and technology, innovation and digital transformation, digital technology enterprises will have to lead leading the Vietnamese business community to digitally transform, proactively research, develop, and create “Make in Vietnam” products to provide technology solutions for equitable development of urban economic areas. and rural areas, serving the digital transformation program, applying technology to every corner of the socio-economic life, carrying out the mission of turning Vietnam into an industrialized country.