The Vietnam State Securities Commission published the result of a contractor selection for a consulting package to supervise implementation of a project to replace hardware infrastructure and migrate applications to a virtualization platform for several of the commission's important application systems. The winning bidder is the Institute of Information Technology. The package had an estimated value of VND 93.96 million and was procured through a simplified direct appointment process under a lump sum contract. The winning bid was VND 87.9 million, inclusive of applicable taxes, fees and charges. Both the package implementation period and the contract term are 180 days from the date the contract takes effect.