Vietnam allocates $2.9 million to improve software firms' management models

TN News

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Vietnam's Ministry of Information and Communications is seeking to increase the country's currently small number of software producers that use internationally-recommended models.

The ministry has decided to invest US$2.9 million into select companies, which will allow them to further develop Capability Maturity Model Integration (CMMi) programs, thesaigontimes.vn cited Tran Quy Nam of the Information Technology Department under the ministry as saying.

It expects that the project, set to run through 2014, will help 19 additional software companies become CMMi certified by the end of this year, he said.

Over 80 percent of software producers with CMMi certificates have reported year-on-year export increases three years running, and 85 percent of them said their companies also gained significant credibility, the news website reported, citing a recent report released by the ministry.

Aru David, director of ECCI Vietnam, which consults companies as they implement CMMi programs, said that so far, there are only 22 CMMi certified software producers in Vietnam, representing a small percentage of the over one thousand software companies currently doing business in the country.

Vietnamese producers often mistake the management model as exclusively applicable to large companies, thinking it is too expensive for them to establish, he explained.

The Ministry of Information and Communications invested the same $2.9 million sum into its first project to help software become CMMi certificated in 2010, when there were only 10 such companies in Vietnam, according to local news media.

China currently tops the list of countries with the most CMMi certified software companies with 650, followed by India with 370, according to thesaigontimes.vn.

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