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...

Vietnam

HCM City integrates admin data into common-use digital map (Vietnam Plus)

Ho Chi Minh City's administration is in the process of integrating the data of all its departments and agencies to create a common-use shared digital map as a part of...

Vietnam

Making a breakthrough transformation to drive Vietnam towards a Digital Vietnam

This year, the Ministry of Information and Communication is drafting the Prime Minister’s Decision on National Digital Transformation Project to make a breakthrough transformation to drive Vietnam towards a Digital...

Vietnam

HCM City Eyes Smart Tourism Development (Việt Nam News)

Smart tourism needs to be a component of HCM City’s smart city master plan, its Party Committee secretary has said. HCM City had announced a master plan which envisages its entire...

Vietnam

Vietnam puts priority on artificial intelligence development (Inquirer)

Following the global trend, the Vietnamese government aims to turn AI into a driving force of development and make it a top priority in growth policies. One of the most...

Vietnam

Digital economy for an inclusive ASEAN Community (Việt Nam News)

Ride-hailing firm Grab unveiled an ambitious plan to invest US$500 million in Việt Nam over the next five years, just a month after it announced an investment of $2 billion...

Vietnam

Minister Nguyen Manh Hung: "Digital transformation is making your life better" (Vietnam Net)

Besides the great benefits, digital conversion also has certain challenges. The minister said that the biggest challenge in this process is that new relationships arise, whether to accept the new relationships...

Vietnam

Central city to boost cashless transactions (Việt Nam News)

The city has set a target to bring the amount of cash-based transactions to less than 10 per cent and reach 30 million credit and debit card transactions in 2020. This...

Vietnam

Vietnamese social media networks spring up to challenge Facebook (Nikkei Asian Review)

Vietnamese companies have started a string of new social networks in a bid to crack a sector dominated by Facebook, which boasts more than 60 million users out of a population...

Vietnam

Việt Nam wants to have 10 tech “unicorns” in 2030 (Việt Nam News)

Việt Nam wants to have at least five billion-dollar tech firms (unicorns) by 2025 and 10 by 2030 as planned in its draft on national strategy on the Fourth Industrial...