BMI View: Vietnam’s IT market is forecast grow strongly for the duration of our forecast period to 2017. We forecast IT spending will increase by 17.6% in 2013 to reach a total value of VND62,082bn (US $2.97bn), and grow at a CAGR of 14.1% to 2017. Significant opportunities remain in the market due to relatively low penetration of devices and services, which vendors will be able to tap as incomes rise. The government is also a significant factor underpinning our bright outlook as it pursues a range of ICT initiatives and allocates funding to develop Vietnam’s domestic IT industry. A …
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