The Vietnam State Securities Commission has announced the winning contractor for a package to produce the detailed design and build an integrated information technology system to support the Commission’s management and supervision functions. The contract was awarded through an abbreviated direct appointment procedure to a consortium comprising the Military Industry and Telecommunications Group and the Center for Digital Technology Application and Digital Transformation. The package budget was set at VND 364,419,144,000, with a winning price of VND 364,000,000,000 (inclusive of applicable taxes and fees) funded through public investment from the state budget. The contract is a lump-sum arrangement, with a 12-month implementation period from the contract’s effective date and a 13-month contract duration from the same date.