Digital Biz

Local market considered to possess major potential to develop into the future.

Mr. Do Cao Bao, Member of the Board of Directors at the FPT Corporation, has said the competition between the US and China in accessing technology and the US promulgating a chip law opens up opportunities for Vietnam to become one of the leading semiconductor chip manufacturers globally. A series of leading technology corporations from around the world, such as Intel, Samsung, Amkor Technology, and Synopsys, etc., have increased their investment in Vietnam’s semiconductor chip industry.

According to Reputa, Vietnam’s e-wallet market will continue to be fiercely competitive. MoMo has the largest number of users at the moment, with 31 million, followed by VNpay, VTCPay, ViettelPay, and ZaloPay.

Program to provide coaching and facilitation support for teams of VinUni students.

Experts told a seminar on young Vietnamese entrepreneurs and digital transformation on November 8 that there are still many businesses that are yet to begin their digital transformation journey, especially small and medium-sized enterprises (SMEs). Such businesses therefore need to improve their resources and situation during the process, with selecting an approach in regard to finances, human resources management, and marketing being the best measure.

A report from Amazon Global in Vietnam stated that Vietnam will become the fastest-growing e-commerce market in Southeast Asia by 2026. It currently has the second-highest percentage of consumers shopping online in the region, after Singapore. Retail sales in its e-commerce sector reached $13.7 billion in 2021 and are forecast at $16.4 billion this year.