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Ancient8 picks up investment capital
Digital Biz

Ancient8 picks up investment capital

Ancient8, a Vietnamese blockchain organization, has successfully raised $4 million in a seed round from Dragonfly Capital, Pantera Capital, Coinbase Ventures, and others. The organization focuses on developing a community and software platform to help gamers and scholars play Plant2Earn (P2E) games and build the Metaverse model.
Digital Biz

Mio picks up $8mln in Series A funding

Vietnamese e-commerce platform Mio has announced an $8 million Series A funding round from large investors. The new capital is expected to help it enlarge its distribution center, improve operations, transport, and supply chains, and expand to other regions in Vietnam.
Digital Biz

Startup investment continuing to rise

Vietnam’s startup ecosystem is at a turning point in leaving an impression on the region and the world. Over the past two years, despite the strong impact of Covid-19 on the country’s economy, deal numbers have increased sharply, to 108.
Net inflows rising in domestic ETFs

Net inflows rising in domestic ETFs

Net withdrawals in Exchange Traded Funds (ETFs) on Vietnam’s stock market were stronger at the end of the year, but 13 ETFs recorded net cash inflows of VND4.7 trillion ($205.58 million) in the first eleven months, mainly domestic funds.
SBV to propose policies on digital currencies

SBV to propose policies on digital currencies

The State Bank of Vietnam (SBV) will propose mechanisms and policies on digital currencies. This is one of the tasks prioritized by the central bank to develop non-cash payments in the country in the 2021-2025 period.
ICT revenue hits $136bln

ICT revenue hits $136bln

The revenue of Vietnam’s information and communications technology (ICT) industry reached $136 billion in 2021, $11.4 billion more than in 2020 despite Covid-19. According to the Ministry of Information and Communications, the Law on the Digital Technology Industry will be developed next year and the proportion of “Make in Vietnam” in the ICT industry, electronics, and telecommunications, will reach over 45 per cent by 2025.
Top10 startups honored at Cool Product Awards 2021

Top10 startups honored at Cool Product Awards 2021

Among the top 10 startups honored at the Cool Product Awards 2021 are tech startups that help contribute to the digital transformation of many important service industries, some of which have raised tens of millions of USD in investment capital from international investment funds. Another notable point is the emergence of medical and educational technology startups.
Tieng Giang launches digital government platform

Tieng Giang launches digital government platform

The digital government platform of the Mekong Delta’s Tien Giang province was officially launched on December 17. This is the first such platform in Vietnam and is the result of cooperation between the Tien Giang Provincial People’s Committee and the VNPT Group.
E-commerce forecast at $52bln by 2025

E-commerce forecast at $52bln by 2025

New technology trends and online marketing are helping Vietnamese businesses go upstream in spectacular fashion. According to the Vietnam Digital Marketing Trends Report 2021, e-commerce is forecast to grow at an average of 29 per cent each year in 2020-2025 period and reach $52 billion by 2025.