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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