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

Plan approved for digital transformation of customs sector

A plan on digital transformation in the customs sector to 2025 and orientation to 2030 has recently been approved. Particular focus will be given to building digital technology applications, digital data, and solutions for Industry 4.0, to promote the digital transformation of Vietnam’s customs sector and complete the building of “smart customs” by 2030.
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.