Vietnam E-Learning segment could reach US$ 3 billion by 2023
By 2023, the country’s market for online learning is estimated to reach revenues of around US$3 billion, with a compound annual growth rate of about 20.2% from 2019-2023.
Vietnam plans network to aid digital transformation of SMEs
This year, Vietnam will create a digital economic consulting network at the communal level to assist small and medium-sized enterprises (SMEs) in their digital transformations. At a conference to step up the implementation of a programme to boost digitisation in SMEs, the…
Ho Chi Minh, Vietnam introduces digital transformation portal
The Ho Chi Minh City Municipal Department of Information and Communications has announced that the city’s official digital transformation portal has been officially put into operation. The portal is a move to implement the southern economic hub’s digital transformation programme and smart…
Ho Chi Minh, Vietnam Aims to be a Smart City in 2022
Ho Chi Minh City aims to create a digital administration and become a smart city this year.
Vietnam jumps 14 places in government AI readiness index 2021
Vietnam has ranked 62nd in the 2021 Government Artificial Intelligence (AI) Readiness Index, jumping 14 places since the year before.
Vietnam : Big data firm launches nation’s biggest gene database
The genomes of over 1,000 people have been analyzed to form a gene database that will serve medical research and practices for the first time in Vietnam.
Vietnam must redefine scope and scale of digital economy
The Chief Economist of the state-owned Bank for Investment and Development of Vietnam (BIDV) stated that the current method of calculating the scale of the digital economy “only reaches the core”, while digital transformation is spreading rapidly into many industries…
Online shopping boom in Vietnam likely to continue in 2022
Online shopping will continue to do well this year even if the COVID-19 pandemic ends, experts have said. The digital economy saw massive growth in Southeast Asia last year, driven by the rise of e-commerce, according to a recent report.
Vietnam mobile wallet MoMo says valuation tops $2 bln after funding
Vietnam’s biggest e-wallet company, MoMo, said on Tuesday said it had raised $200 million from four investors led by Mizuho Bank, pushing its valuation above $2 billion.
Vietnam, India Sign MoU On IT, Electronics Cooperation
The Vietnamese Minister of Information and Communications (MIC), Nguyen Manh Hung, and the Indian Minister of State Electronics and Information Technology, Rajeev Chandrasekhar, signed a memorandum of understanding (MoU) on bilateral cooperation in information technology and electronics.
Frequent breakages, long repairs mark Vietnam’s undersea cables
Vietnam’s undersea internet cables break around 10 times a year on average, making the nation’s international infrastructure support for internet connections among the weakest in the region.
Japan, Vietnam look to cyber defense against China
Japan and Vietnam on Tuesday signed a cybersecurity agreement as the two Asian nations rapidly step up their military ties amid concerns over China’s growing assertiveness.
Vietnam Blockchain Corporation raises funds to take its blockchain solutions global
Vietnam Blockchain Corporation (VBC), the country’s leading provider of Blockchain-based software solutions, is currently raising funds to make its innovative products available to the international audience.
Vietnam plans digital transformation to boost business efficiency
The Ministry of Planning and Investment has drawn up a programme on supporting digital transformation in enterprises, cooperatives and household businesses during the 2021-25 period.
Could Vietnam be the next fintech battleground of Southeast Asia ?
Vietnam has a promising market for fintech given its combination of low financial inclusion and high tech sophistication. The country also remains the preferred investment destination in Southeast Asia. Growth strategies include investment in technology, introducing new products, and entering…
One more Vietnamese cryptocurrency hits $600 mln market cap
Coin98 has become the second Vietnamese cryptocurrency to achieve a market cap of over $600 million.
Vietnam leads crypto adoption in Finder’s 27-country survey
Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas.
Tighter livestreaming control on social network in Vietnam
Livestreaming on the social network is becoming popular in the ASEAN region. Yet, Vietnam is looking to increase control over livestreaming on popular social media platforms such as Facebook and YouTube, according to a draft government decree, as the country aims to tighten its grip…
What Facebook learned from rural Vietnam about chat-based e-commerce
As parts of its advertising business slow down, social media juggernaut Facebook is taking a page from rural communities in Vietnam, on how to engage with customers as well as online retailers using chat and video functions.
Bittersweet : Vietnam’s mixed progress on E-Government during COVID-19
Despite notable progress in providing digital services, there are still major challenges in accessing these tools in practice.
Vietnam to tighten grip on social media livestream activity
Vietnam’s government is seeking to increase scrutiny of livestream content on social media such as Facebook and Google, in its latest move to rein in online activities it deems to be anti-state.
Vietnam to pilot virtual currency as crypto thrives in gray zone
Central bank instructed to develop blockchain-based digital money
Vietnam to take deep dive into crypto with digital currency implementation pilot
Vietnam’s central bank will pilot a cryptocurrency implementation program within the next two years.
Vietnam to trial virtual currency
The Vietnamese government has ordered its central bank to study virtual money using blockchain technology over three years amid rising interests in this type of currency.
Vietnam, Singapore begin negotiations on digital trade agreement
Despite all the challenges, an agreement between the two nations would further liberalize the digital trade environment in Southeast Asia.
Internet use in Vietnam significantly increases in wake of pandemic
Facebook, citing its internal data and surveys conducted by WARC, has indicated that Internet services in Vietnam has increased sharply in the wake of the coronavirus pandemic, according to Vietnam-based ictnews.