First software village takes shape in Hanoi

November 15, 2013 | 16:04

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Vietnam’s first software village launched its initial phase at the Hanoi-based Hoa Lac High-Tech Zone on November 13.

F-Ville

When operational, the project is expected to provide a creative space for 10,000 computer programmers and rake in US$200 million in 2016.

Covering an area of 6.4 hectares, the village, called F-Ville, is being developed by the FPT Software Joint Stock Company. It is the largest of the seven software projects licensed at the Hoa Lac High-Tech Zone.

Minister of Science and Technology Nguyen Quan said he highly values the FPT group’s initiative to launch the project and hopes that the village will be a breakthrough for the group’s business, contributing to the country’s scientific-technological development.

Sitting on a site of 16,000 square metres, the first phase of the project costs US$48.6 million. It is expected to generate nearly 1,900 jobs.

According to FPT Chairman Truong Gia Binh, with 1,700 programmers, F-Ville is expected to help raise global high-tech groups’ confidence in Vietnam.

The village is one of the priorities of Vietnam’s scientific-technological development strategy for the 2011-2020 period.

VNA / VIR

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