According to VINASA’s data, the 50 chosen companies have a total revenue of VND20.67 trillion (US$ 936 million), with a combined workforce of 35,542. Many enterprises on this year’s list are considered pioneers in the industry, such as FPT Software, Global CyberSoft, MobiFone, VNPT, and VNG.

The list also named other high-technology companies such as ELCOM, NextTech, MK Smart. Those that have grown especially quickly, such as Centech, VMG... & are leading companies in the software development and technological solutions sector.

This year’s findings are the result of the Vietnam 50 Leading IT Companies event, an programme organised by VINASA annually since 2014 to select, certify and honour the country’s top IT companies active in the fields of digital transformation, Internet of Things, and other new technology trends such as artificial intelligence, Big Data and Virtual Reality.

“The programme is not only about selecting and honouring businesses, but also about promoting communication and increasing the company’s values in terms of image, branding and market shares, in the international IT arena,” said VINASA’s Chairman Truong Gia Binh.

Launched in June 2017, the yearly programme of company selection included preliminary evaluation rounds for enterprise in IT Outsourcing; IT software, solutions and services; as well as Digital content, applications, solutions for mobile.

According to the organisers at VINASA, such recognition for outstanding domestic IT companies is an important step towards strengthening the industry. Domestic businesses in the field may not have strong reputations, but with more support they will hopefully soon catch up with global technology trends, attract investment and grow quickly.

The follow-up award ceremony for these top 50 IT companies will be held on October 25, along with the International Conference on Smart Cities and the 11th Japan ICT Day from October 25 to 26, 2017 in HCM City.