British Consulate General’s visit to NashTech office in HCMC

As one of the earliest foreign tech investors in Vietnam, NashTech’s beginning was faced with great challenges ranging from adapting to a new working culture thousands of miles from our base in the UK to setting out clear orientation for the company. Nonetheless, with the right vision, NashTech has been able to tackle these initial challenges to become one of the leading technology companies in Vietnam.

Speaking from the view of a pioneer in the field, NashTech is optimistic about the contemporary tech scene in Vietnam since we have acknowledged the emergence of new opportunities for tech application in every facets of life, for instance:

• The rapid economic growth which facilitates the demand for tech services and maintenance from businesses and enterprises irrespective of their scale
• With over 50 million people using smart phones, Vietnam ranks 7th in terms of worldwide apps downloads
• The proliferation of non-cash transaction

On the other hand, in tandem with the aforementioned opportunities, there is still a high degree of challenge that should be addressed to assist the growth of tech industry, particularly:

• Overflowing demand which puts great pressure on supply
• Policies and regulations sometimes do not keep pace with technological advancements, economic growth or business diversity
• Foreign investors’ lack insights into the Vietnamese market and tech scene