Vietnam

Vietnam government drafts decree to protect personal data (The Star)

The Ministry of Public Security is drafting a governmental decree on personal data protection in order to protect the legal rights and interests of individuals and organisations. Vietnam is facing increasing...

Southeast Asia

Bringing digital financial services to S-E Asia (The Business Times)

With a population of 570 million and a booming GDP expected to reach US$4.7 trillion by 2025, the six largest markets in South-east Asia - Indonesia, Malaysia, the Philippines, Singapore,...

ASEAN

'China + 1' hedge will keep Asean in spotlight (The Business Times)

In a report sent in late November, Maybank Kim Eng senior economist Chua Hak Bin said that a US-China partial trade deal will not halt the supply chain from shifting...

Vietnam

Towards a Strengthened Digital Economy of Vietnam – Key Takeaways from Day 1 of Asia IoT Business Platform Vietnam 2019

Day 1 of the 33rd Edition of Asia IoT Business Platform Vietnam 2019 presented us with insights from both governments and industry leaders among enterprises on their digital transformation plans and initiatives....

Vietnam

Vietnam’s IT Sector: 5 Industries to Watch (Vietnam Briefing)

As Vietnam moves from low-tech manufacturing to a service-oriented economy, the country’s information technology (IT) market is increasingly gaining traction, giving competition to IT firms in China and India. This...

Vietnam

Vietnam Immersing Herself In The Industry 4.0 Flow

At the summit, Head of the Party Central Committee (PCC)'s Economic Commission Nguyen Van Binh introduced the Politburo’s Resolution No. 52-NQ/TW, with a number of guidelines and policies to ensure...

Vietnam

Digital transformation essential for business in 4IR era (Vietnam Plus)

Digital transformation is not only a trend but also essential for businesses to thrive as the fourth industrial revolution (4IR) has boomed globally, heard at a conference held in Ho Chi Minh...

Vietnam

Smart city to boost sustainable growth and prosperity (Vietnam Plus)

Smart city building is a crucial solution to boost economic growth and prosperity in Vietnam, while investing in ‘smart city’ projects is the best way for Vietnam to digitalise, an expert has said. This article...

Southeast Asia

Southeast Asia's mobile payments face shakeout as market booms (Today Online)

Southeast Asia has at least 150 e-wallet license holders, and firms including Grab, Go-Jek, Tencent Holdings, Ant Financial, Singapore Telecom, AirAsia and dozens of fintech firms are fighting for dominance. In...

Vietnam

Vietnam developer and Sumitomo join to build $4BN smart city (Nikkei Asian Review)

Leading Vietnamese developer BRG Group and Japanese trading house Sumitomo Corp. will spend 450 billion yen ($4.21 billion) to develop a smart city on the outskirts of Hanoi. The project, slated to be...

Vietnam

Vietnam, Indonesia lead ASEAN in internet economy growth (Vietnam Plus)

Vietnam's digital economy has topped 12 billion USD this year and is expected to surge to 43 billion USD by 2025, with e-commerce, online tourism, online communications and media, and...

Southeast Asia

Southeast Asia’s internet economy booming (The ASEAN Post)

Southeast Asia’s internet economy has reached US$100 billion for the first time and is expected to triple by 2025. Southeast Asia currently has 360 million internet users, an increase of 100...

ASEAN

Thailand, Vietnam and Philippines named as likely 5G laggards (Nikkei Asian Review)

Management consulting firm A.T. Kearney published a report in late September that projected that 5G penetration will reach at most 40% within almost all of the 10 countries of the...

Southeast Asia

SE Asia’s digital economy may treble to US$300b by 2025, S’pore ‘punching above weight’: Report (Today Online)

With the rise of e-commerce, ride hailing and online gaming in South-east Asia, the region’s Internet economy could swell to US$300 billion (about S$415 billion) by 2025, three times its...

Vietnam

Việt Nam ready to embrace Industry 4.0 (Việt Nam News)

Việt Nam is taking strong actions from the central to the grassroots level to speed up the application of Industry 4.0 technology, making changes in fields of production, business, cultural...

Vietnam

Card payments in Vietnam set to hit 522.5m by 2023 (The Business Times)

Card payments in Vietnam are set to grow at a compound annual growth rate (CAGR) of 17.8 per cent to hit 522.5 million transactions by 2023, GlobalData said in a...

Vietnam

Vietnam’s Vingroup secures e-wallet licence for payment unit (Deal Street Asia)

Vietnamese conglomerate Vingroup has obtained an e-wallet licence from the State Bank of Vietnam for its payment unit VinID, according to an announcement. The licence, effective until 2027, is a...

Vietnam

HCM City to be first city in VN to be fully covered by IoT network (MIC)

All of HCM City’s 24 districts will have Internet of Things (IoT) broadcasting stations installed this month, making the city the first place in Viet Nam to be fully covered...

Vietnam

The Race of Building Smart Cities in Vietnam

A report published by the United Nations in January shows that in the past 5 years, Vietnam's e-government development index has jumped 11 ranks, making Vietnam among the top countries...

Asia Pacific

Challenges loom for Asia’s digital landscape (Inquirer)

Last week, the United Nations Conference on Trade and Development (UNCTAD) released its first ever annual Digital Economy Report (2019). “Indonesia, Vietnam and the Philippines have the scale, with populations over...