The Viet Nam Chamber of Commerce and Industry’s Institute of Information and Technology for Business (VCCI-ITB) launched the Internet of Things Open Community for Viet Nam (IOCV) in Ha Noi on Thursday.

The IOCV was founded with the mission of gathering social resources to develop open IoT, with free sharing among the Vietnamese enterprise community and consumers in the context of the global fourth industrial revolution.

Large and small companies operating in many fields, especially information and technology, are participating in the project.

IOCV has admitted 21 members, including many enterprises and organisations in information and technology, so far including ITB-VCCI, CMC Telecommunication Infrastructure Corporation, Delco Construction and Investment Joint Stock Company and NetNam Corporation.

Speaking at the launch ceremony, Nguyen Quang Vinh, deputy general secretary of VCCI, called it an important event for the business community in Viet Nam.

“The launch of IOCV opens a new path toward IT development, creating a strong wave with the contribution of the IT community to national development.” - VNS