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.
Digital economy the road to the future
Vietnam is leading in digital economic growth in Southeast Asia, posting an average of 38 per cent per year compared to 33 per cent in the region as a whole since 2015. The potential for the development of the digital economy remains huge and is considered “the road to the future for Vietnam”.
Internet economy to hit $220bln by 2030
The e-Conomy SEA 2021 report released by Google, Temasek, and Bain & Company on November 10 predicts that Vietnam’s internet economy will rank second in Southeast Asia by 2030, with Gross Merchandise Value (GMV) of $220 billion.
Techfest Connect 2021 attracting startup investment
Techfest Connect, co-organized by the National Agency for Technology Entrepreneurship and Commercialization Development at the Ministry of Science and Technology and Vietnam Economic Times, is an investment connection program for potential startups with the mission: “Transmitting innovative values - Connecting globally - Spreading the community”. Participating groups have presented their projects and investors have committed to investing over $92,000.
Tiki raises $258mln in funding round
Leading e-commerce platform Tiki recently raised $258 million in a funding round led by AIA, which will be used to prepare for an initial public offering (IPO) in the US, helping it increase foreign investment in technology in Vietnam.
ETF capital set to return
Exchange Traded Funds (ETFs) posted positive performance in Vietnam in October after two months of seeing strong net withdrawals. The expectation that Vietnam’s stock market will be upgraded sometime between 2023 and 2025 should help capital flows return in 2022.
OneFin e-wallet joins payment market
The OneFin Vietnam Co Ltd. launched its OneFin e-wallet on November 5, which is linked with 37 banks. The launch sees it join giants in a competitive digital payment market in Vietnam boasting substantial potential.