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May 22, 2012

InvestLink

Laos moves to develop IT market

General director of the ASEAN International Data Group (IDG) Le Thanh Tam has expressed his belief that cooperation between Vietnam and Laos in information technology (IT) will be further promoted.

computer

Addressing an international conference on banking and telecommunications in Vientiane, Laos, on September 17 and 18, Tam said Laos’ IT market will continue rising in coming years in both quantity and quality due to its development in e-government, education, healthcare and e-trade.

Meanwhile, many Vietnamese companies have effectively integrated into world IT markets, he added.

Lao Deputy Minister of Post and Telecommunications Padaphet Sayakhot said Laos now has around 5.4 million mobile phone subscribers, representing 83 per cent of the country’s total population.

More than 6,700 hamlets and villages have access to the mobile phone network and the number of rural people with access to the Internet is on the increase, he added.

Laos’ IT service market is expected to post a turnover of $100 – $116 million in 2011, a 26 per cent year-on-year increase, the conference was told.