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5M IT revenue up 8.5%
Digital Biz

5M IT revenue up 8.5%

Revenue posted by the information technology (IT) sector this year has increased sharply year-on-year. In the first five months of 2022, revenue reached VND1.321 quadrillion ($57 billion), up 8.5 per cent over the same period of 2021.
Digital Biz

Startup True Platform raises $3.5mln in seed round

Vietnamese tech startup True Platform announced on May 23 it had secured $3.5 million from January Capital, Alpha JWC Ventures, BEENEXT, the FPT Group, and other investors in its first fundraising round. This was one of the largest seed funding rounds ever into a tech startup in Southeast Asia. True Platform will use the funds to focus on developing and perfecting its product ecosystem and building two important product sets for the international market, which will be launched this year.
Digital Biz

Project to establish indicators in digital transformation

The Ministry of Information and Communications has issued a Decision approving the “Determining a set of digital transformation assessment indicators for ministries, ministerial-level agencies, agencies under the government, provinces, centrally-run cities, and the country” project. The Digital Transformation Index (DTI), to be introduced under the project, has the function of monitoring and evaluating the results of annual digital transformation by ministries and cities and provinces. It will provide information for international organizations to evaluate and rank Vietnam in global indexes for such fields as e-Government (EGDI); Information Technology (IDI); Cybersecurity (GCI); Competitiveness (GCI); and Innovation (GII).
5M IT revenue up 8.5%

5M IT revenue up 8.5%

Revenue posted by the information technology (IT) sector this year has increased sharply year-on-year. In the first five months of 2022, revenue reached VND1.321 quadrillion ($57 billion), up 8.5 per cent over the same period of 2021.
Vietnam Blockchain Association to promote digital economy

Vietnam Blockchain Association to promote digital economy

To promote digital transformation and develop digital government, the digital economy, and digital society, digital technology enterprises have researched and created many core technology solutions, creating “Make in Vietnam” products. At the recent launch of the Vietnam Blockchain Association, Mr. Hoang Van Huay, Chairman emphasized: “The establishment of the Vietnam Blockchain Association marks a milestone in blockchain in Vietnam and its position on the world technology map.”
VTV launches VTVMoney Economic Information Ecosystem

VTV launches VTVMoney Economic Information Ecosystem

To meet increasing demand among viewers for economic, financial, and investment information, Vietnam Television (VTV) launched the VTVMoney Economic Information Ecosystem on May 24, offering cross-platform content from TV to the internet.
Startup True Platform raises $3.5mln in seed round

Startup True Platform raises $3.5mln in seed round

Vietnamese tech startup True Platform announced on May 23 it had secured $3.5 million from January Capital, Alpha JWC Ventures, BEENEXT, the FPT Group, and other investors in its first fundraising round. This was one of the largest seed funding rounds ever into a tech startup in Southeast Asia. True Platform will use the funds to focus on developing and perfecting its product ecosystem and building two important product sets for the international market, which will be launched this year.
Project to establish indicators in digital transformation

Project to establish indicators in digital transformation

The Ministry of Information and Communications has issued a Decision approving the “Determining a set of digital transformation assessment indicators for ministries, ministerial-level agencies, agencies under the government, provinces, centrally-run cities, and the country” project. The Digital Transformation Index (DTI), to be introduced under the project, has the function of monitoring and evaluating the results of annual digital transformation by ministries and cities and provinces. It will provide information for international organizations to evaluate and rank Vietnam in global indexes for such fields as e-Government (EGDI); Information Technology (IDI); Cybersecurity (GCI); Competitiveness (GCI); and Innovation (GII).
Capital waiting to go to Vietnamese blockchain projects

Capital waiting to go to Vietnamese blockchain projects

Vietnam is a very attractive blockchain market for investors, and many domestic and foreign funds are waiting to invest in local companies once the legal framework is completed, which the Ministry of Science and Technology has said will happen shortly.

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