04 criteria applied to prioritized IT services in Vietnam

04 criteria applied to prioritized IT services in Vietnam
Nguyễn Trinh

Recently, the Ministry of Information and Communications of Vietnam has issued the Circular No. 40/2020/TT-BTTTT prescribing criteria for determining domestically produced information technology products and services given investment, leasing and procurement priority.

According to Article 9 of the Circular No. 40/2020/TT-BTTTT of the Ministry of Information and Communications of Vietnam, a prioritized IT service must satisfy all of the following criteria:

- It is provided by a Vietnamese organization, enterprise or individual.

- Satisfy the criteria regarding quality standards, safety and security of the service:

+ It is produced by a Vietnamese organization or enterprise that has the certificate of conformity with ISO 9001 standard or ISO/IEC 27001 standard issued by the registered certification body or equivalent;

+ The system of servers providing the service (if any) is located in Vietnam. Regarding a cloud computing service, it must meet the technical criteria and indicators under the guidance of the Ministry of Information and Communications of Vietnam;

- Regarding an IT service that is available on the market, it has been provided to at least 03 organizations.

- The ratio of the cost of research and development of a service to the enterprise’s total revenue from the sale of that service within the last 03 years is 3% or more.

View more details at the Circular No. 40/2020/TT-BTTTT of the Ministry of Information and Communications of Vietnam, effective from February 15, 2021.

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