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Vietnam Blockchain Association launched
Digital Biz

Vietnam Blockchain Association launched

At a launch ceremony for the Vietnam Blockchain Association on May 17, six goals and six action programs were set out to promote the development of blockchain in Vietnam, most notably by improving the legal framework and promoting international cooperation.
Digital Biz

Vietnam to host Blockchain Summit for first time in July

The Vietnam Blockchain Summit 2022 is to be held over two days, July 21 and 22, with more than 2,500 delegates expected to attend. Vietnam is considered a bright spot on the world blockchain map, with a large number of projects and a high level of blockchain human resources.
Digital Biz

Funding Societies launches digital finance platform

Singapore’s Funding Societies launched a digital finance platform on May 10 using artificial intelligence (AI) technology. It has committed to supporting Vietnamese SMEs in fields such as education, retail, technology, and fast-moving consumer goods (FMCG) in Ho Chi Minh City and Hanoi through trade finance, inventory financing, accounts receivable (AR), and accounts payable (AP). Since a test run in Vietnam last December, it has disbursed over $20 million and aims to increase this to over $90 million this year.
MoT piloting virtual assistants in administrative reform

MoT piloting virtual assistants in administrative reform

The Ministry of Transport (MoT) has prioritized resources to implement a digital transformation program, build an e-government, and accelerate the building of a data-sharing platform. Virtual assistants are now being piloted in performing 48 administrative procedures, to be expanded to 400.
Population data project gets underway

Population data project gets underway

A new project on population data was launched on May 5 by the General Statistics Office (GSO) and the United Nations Population Fund (UNFPA) in Vietnam, to serve socio-economic development and monitor the country’s sustainable development goals. With a total cost of $1.9 million, the project will be implemented over five years, from 2022 to 2026.
Kyber Network posts market cap of $1bln

Kyber Network posts market cap of $1bln

With more than 177.8 million Kyber Network Crystals (KNC), Kyber Network’s market capitalization has reached $1 billion. This is the third Vietnamese blockchain project to achieve market capitalization of $1 billion, after Axie Infinity and Coin98. Kyber Network is a decentralized exchange model that can help customers execute trades instantly without waiting for the corresponding reverse order match.
AlphaTrue solutions to promote blockchain in Vietnam

AlphaTrue solutions to promote blockchain in Vietnam

Blockchain is viewed as having substantial potential in Vietnam but its application remains limited and primarily in the financial sector, while other potential applications such as traceability in agriculture and logistics are being neglected. AlphaTrue will therefore provide a range of solutions to help businesses succeed in digital transformation, especially in blockchain projects, through orientation and development and the building of quality products for the blockchain community.
E-wallets trying to strengthen position amid heated competition

E-wallets trying to strengthen position amid heated competition

Vietnam’s e-wallet market continues to grow but at a slower rate, partly due to lingering uncertainties over Covid-19 and market saturation. In the context of fierce competition between existing and rookie players, leaders such as MoMo, ZaloPay, and ShopeePay are attempting to restructure.
New club for trillion-VND IT enterprises

New club for trillion-VND IT enterprises

The “Top 10 Vietnam Information Technology Enterprises 2022” program has announced the establishment of an information technology (IT) business club for those posting turnover in the trillions of VND. The club not only aims to affirm the stature of Vietnamese tech names but also to build a team of powerful industry leaders to invest in pioneering, market-oriented technologies.

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