Vietnam Information Technology Report - Business Monitor International - Industry Reports

Vietnam Information Technology Report

Vietnam Information Technology Report - Business Monitor International - Industry Reports
Vietnam Information Technology Report
Published Sep 10, 2016
73 pages — Published Sep 10, 2016
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Abstract:

We made a significant downgrade to the IT market forecast for Vietnam in ---- in the Q--- update as a result of a sharp decline in PC sales reported by retailers in the first half of the year. Double digit declines in desktop, notebook and tablet retail sales are expected to result in a hardware segment decline of -.- in ----, with retail declines partially offset by enterprise spending on PCs, peripherals and infrastructure. ...Hardware segment performance is driven by product trends and so software and services will not be affected as the economy is still broadly supportive. The official rate of non-performing loans was down from -.- in December ---- to -.- in September ----, while State Bank of Vietnam is leading banking industry consolidation to reduce the number of banks from -- to --, which will help to insulate against shocks. Furthermore, with access to credit a traditional drag on IT market development in Vietnam, a ...The official rate of non-performing loans was down from -.- in December ---- to -.- in September ----, while State Bank of Vietnam is leading banking industry consolidation to reduce the number of banks from -- to --, which will help to insulate against shocks. Furthermore, with access to credit a traditional drag on IT market development in Vietnam, a

...� Business Monitor International Ltd Page - SWOT Analysis - Continued Decision in July ---- to enable state agencies to use outsourced information technology providers for the first time opens a new growth channel for vendors. TPP a driver for regional integration of Vietnam s already successful software development and IT services outsourcing industry, allowing the industry to target more customers in high value markets such as Japan. ...� Business Monitor International Ltd Page - SWOT Analysis - Continued Decision in July ---- to enable state agencies to use outsourced information technology providers for the first time opens a new growth channel for vendors. TPP a driver for regional integration of Vietnam s already successful software development and IT services outsourcing industry, allowing the industry to target more customers in high value markets such as Japan. Small- and medium-sized enterprises have much potential to increase spending on basic solutions, including customer relationship management and security. The government s drive to create an IT services industry over the next ----- years - including the National Technology Innovation Fund - is expected to accelerate the development of local enterprises. Cloud computing awareness has risen fast and adoption is expected to accelerate in the short-to-medium term as network infrastructure improves and awareness levels increase.

...BMI View: We revised down the growth outlook for Vietnam s IT market in the Q--- update as a result of a weaker than expected PC market in H---. The sharp decline in retail PC sales reported by retailers is a negative signal about the extent to which large numbers of consumers could bypass the PC era and only use smartphones. ...

  
Source:
Document ID
2044-9631
Country
Industry
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Vietnam Information Technology Report" Sep 10, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Information-Technology-Report-2026-1262>
  
APA:
Business Monitor International - Industry Reports. (2016). Vietnam Information Technology Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Information-Technology-Report-2026-1262>
  
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