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Irish IT firms seek partners in Vietnam

Irish IT companies are seeking partnerships with domestic businesses in telecommunications applications and financial services software and are willing to share their experiences in setting up and managing IT companies, according to the commercial counselor of the Embassy of Ireland in Vietnam , Michael Garvey.
Irish IT companies are seekingpartnerships with domestic businesses in telecommunicationsapplications and financial services software and are willing to sharetheir experiences in setting up and managing IT companies, according tothe commercial counselor of the Embassy of Ireland in Vietnam , MichaelGarvey.

“Information technology is the mostimportant potential export from Ireland, which is the world’s thirdleading software exporter,” Garvey told Vietnam News ahead of the firstVietnam-Ireland Business Forum, which will begins on Nov. 16.

The forum, which will focus on cooperation in Vietnam ’s developingsoftware industry, was being organised by the Vietnam Chamber ofCommerce and Industry and Enterprise Ireland , the Irish Government’strade promotion agency. It was expected to attract the participation ofeight Irish companies and nearly 100 Vietnamese firms.

“Irish companies have a lot of expertise in telecommunications andfinancial services, sectors currently exploding in Vietnam , Garveysaid. These would offer enormous potential for economic cooperationbetween the two countries,” he added.

The IT and software industry was chosen as the topic for the firstVietnam-Ireland Business Forum, he said, because Ireland foundVietnam’s IT market very exciting and believed both could findcooperation in this area as a win-win strategy. Irish and Vietnamesecompanies could collaborate to develop products for export not only toAsian markets, but also to EU and US markets.

A lack of market information was currently the biggest challenge tofurther developing this working relationship, a problem next week’sforum could help tackle, Garvey said.

In recognition of the trade potential between both countries, thegovernments of the two countries launched the “Ireland DevelopmentExperience Sharing” programme at the beginning of this year, focusingon three areas: economic development, education and private-sectorindustry, Garvey said./.

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