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Oracle and Vietnam Sign Broad-Ranging Memorandum of Understanding

29th October 1997

Further delivering on the promise to enable the information age through
network computing, Oracle has announced a working relationship with the
Vietnamese government aimed to develop Information Technology (IT) programs
in Vietnam.

The world-leader in information management software announced that its
Vietnam subsidiary signed a broad-ranging Memorandum of Understanding, with
the Vietnamese government's Steering Committee for the National Program on
Information Technology (SC-NPIT). The Vietnamese government intends to
work with Oracle because the company is widely recognised as being
responsible for the birth of network computers, which are simple, low-cost,
easy-to-use devices designed to access the wealth of information available
via both public and private networks.

Both Oracle and SC-NPIT intend to cooperate through a variety of programs
aimed at the development of IT in Vietnam. Among the first of the
scheduled programs is a network computing study slated to include the use
of network computers in government administration.

"This is a major step for the Vietnamese government and its people as we
realise the important role IT plays in nation building," said Nguyen Dinh
Ngoc, vice-chairman, SC-NPIT. "In our efforts to embrace the new
developments that have come with the information age, especially network
computing, we have to forge close relationships with international
technology leaders and innovators like Oracle."

"Network computing is such a central theme in administration and business
today that no country or company can afford to overlook it, and the
government of Vietnam's foresight in this area is outstanding," said Derek
Williams, senior vice president Oracle Asia Pacific. "As a company
specialising in information management, Oracle is a key player in the
global transition towards network computing. The Southeast Asian
marketplace is quickly becoming among the most active in embracing this new
computing paradigm. Oracle is already involved in similar relationships
with the governments of Malaysia, Singapore, Indonesia and the
Philippines."

Oracle is slated to support SC-NPIT with Oracle-led training programs and
will work with the Vietnamese government to teach advanced technical skills
in information systems analysis and design. The two entities have also
announced their plan to cooperate in large scale information management
projects.

"It is our intention that through this agreement Oracle will be able to
transfer its know-how in information systems design and development to the
public sector in Vietnam," said Keith Budge, managing director of Oracle
Vietnam.

Trademarks: Oracle is a registered trademark of Oracle Corporation. All
other products or company names mentioned are used for identification
purposes only, and may be trademarks of their respective owners.

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