Digital Biz
Vietnam's semiconductor industry requires more talent
Human resources remain a major obstacle for Vietnam establishing a stronger position in the global semiconductor industry.
Digital Biz
Australian unicorn unveils three strategic pillars in Vietnam
Design platform Canva has officially entered the Vietnamese market, introducing its Canva AI 2.0 ecosystem and plans to develop 500 Vietnamese-localised fonts for local users.
Digital Biz
PM leads committee on science and technology, innovation, digital transformation
The committee serving as an inter-agency coordinating body tasked with advising the government on major issues related to national strategies, policies and programs in science, technology, innovation, digital transformation, and administrative reform.
Non-cash payment methods expanding in F&B
Non-cash payments have developed strongly in many fields because of the Covid-19 pandemic, including food and beverages (F&B). Vietnam has developed non-cash payment methods for the sector, which has opened up further development opportunities.
MoIC issues new requirements on online meeting platforms
Under the provisions of the “Minimum Technical Requirements Criteria for Online Meeting Platforms”, issued recently by the Ministry of Information and Communications (MoIC), content data and audio and video recording activities on online meeting platforms must comply with existing regulations on the protection of personal information and the Law on Cybersecurity.
Startup Selly raises $2.6mln
Selly, a pioneering social commerce platform in Vietnam, has raised $2.6 million in a Pre-Series A funding round. After ten months in business, the company has grown 300-fold, creating jobs for hundreds of thousands of women and those left unemployed during Covid-19.
Digital transformation push continuing in 2022
Vietnam entered into its digital transformation process in 2021, and 2022 will be a year to promote it further in all industries on a national and comprehensive scale, contributing to boosting economic recovery and restructuring as well as socio-economic development. The share of the digital economy is to account for 11.5 per cent of GDP.
Local startup scene booms in 2021
Despite the ravages of Covid-19, 2021 saw a series of huge capital calls by Vietnamese startups, with a total value of more than $1.3 billion. Venture capital fund Golden Gate Ventures has called Vietnam a “rising star” in Southeast Asia and believes it will have the third-largest startup ecosystem in the region by the end of this year.
Real estate tech platform Proptech APLUS raises $2mln
Real estate tech platform Proptech APLUS announced successful fundraising on January 19 of $2 million, led by Asia Business Builder (ABBPE FundCo), in the first seed round. With the first Plus-Living model in Southeast Asia, APLUS previously raised $8 million from the Daiwa PI Partners fund in 2020. This year it will focus on developing a tech platform to optimize residents’ experience and the apartment operations system (Property Management Software - PMS) to help investors manage and grow rental revenue.