Now Vietnam holds 73rd rank out of 127 countries for information technology (IT), according to the report, produced by the World Economic Forum (WEF). The report analyses how prepared countries are to use ICT on three main elements, ICT environment, the readiness of key stakeholder groups, and the usage of the latest ICT.
The report commends the Vietnamese Government's readiness to both use and benefit from ICT. This cross-country survey of networked readiness provides useful information for making business decisions and is of additional value to governments wishing to improve their ICT preparedness. Viet Nam was judged on a number of dimensions to produce its overall world ranking. In market environment Viet Nam's cluster development stands 16th. Long-winded administrative procedures let Vietnam down somewhat with the country coming 47th and 40th in terms of the effectiveness of its law-making bodies and contractual procedures. Regarding government usage, Vietnam finished in 37th position.