Data centres in Vietnam are becoming more and more common. This is a result of a broader move to digitise the economy as well as several key regulations that require businesses to store the data of Vietnamese users in Vietnam. That said, there are a number of challenges for the sector, not least of which is Vietnam’s somewhat inconsistent electricity supply…

This could not have come at a worse time. Not only is the National Assembly currently in session but there have been reports the Russian president, Vladimir Putin could be in Hanoi as soon as Wednesday. With the eyes of foreign governments and international media likely to fall on Hanoi in the event the Russian leader does make his way to Vietnam, demand for information out of the country is likely to be high.

Vietnam’s data localisation laws have been a point of contention with cross-border service providers concerned about the security of their data stored in Vietnam. These regulations also contravene some trade agreements like the Comprehensive and Progressive Transpacific Partnership Agreement which prohibits member states from requiring firms to store data locally.

Vietnam’s Ministry of Justice has said that crypto should not be banned but does need to be regulated, and soon, VN Express is reporting. Notably foreign currency exchange and gold are both heavily regulated in order to keep a lid on the exchange rate. Crypto has become one way to

Elon Musk’s SpaceX has put plans to launch its satellite service on hold in Vietnam due to Vietnam’s foreign ownership limits in the telecommunications industry, Reuters is reporting.  Foreign ownership in telecommunications services that include infrastructure are capped at 51 percent in Vietnam for most countries. Members of the Comprehensive

VNG, a Vietnamese tech firm most well known for popular messaging app Zalo, has withdrawn its application to list on the Nasdaq, the South China Morning Post is reporting. The publication notes that VNG declined to comment on the change of plans. A few points of note: Vietnam automaker Vinfast

Nvidia’s CEO, Jensen Huang, met with the Prime Minister of Vietnam this week and discussed expanding Nvidia’s presence in the Southeast Asian nation, Reuters is reporting. The company already has investments in the country of US$250 million. Specific details of any future investments have not been provided as yet.

Earlier this year representatives of Elon Musk’s Starlink met with government officials to discuss launching Starlink in Vietnam. But whereas talks reportedly went well, seeing this ambition realised may be more complicated. The internet has played a key role in Vietnam’s economic development. It’s brought new ideas, greater access to