technology
The Technology category covers digital transformation, innovation, and emerging tech sectors. It explores AI, blockchain, cloud computing, cybersecurity, and government policies, providing insights into tech investments, industry disruptions, and future trends.
Vietnam sees continued growth in information and communication FDI in November
Year-to-date (YTD), the sector has attracted a total of 217 new projects and US$248 million in newly registered capital, highlighting consistent growth in this area…
Vietnam sees strong growth in professional, scientific, and technological FDI
Year-to-date (YTD), the sector has attracted a total of 332 new projects and US$1.02 billion in newly registered capital, reflecting significant investment in this area.
Vietnam’s time and attendance software market to double by 2033
The report highlights Vietnam’s expanding workforce, which consisted of over 52.4 million people as of 2023, as a significant driver of this growth. The increasing demand for time tracking solutions is attributed to the country’s rapid economic development and industrialisation.
Vietnam’s data centre storage market to double by 2029 amid digital transformation
The report goes on to say that the demand for scalable and reliable data storage solutions is rising as Vietnamese businesses transition from traditional methods to digital platforms. Significant contributors to this trend include the finance, e-commerce, telecommunications, healthcare, and government sectors, which are generating and processing vast amounts of data daily…
Vietnam’s AI in e-commerce market forecasted to reach US$ 1.74 billion by 2032
The report notes that the rapid adoption of AI technologies is reshaping the industry as businesses seek to enhance customer experiences, optimise operations, and gain a competitive edge. Vietnam’s young, tech-savvy population and the expanding digital economy have fuelled demand for innovative solutions, including personalised recommendations, chatbot-driven customer service, inventory management, and predictive analytics.
FDI in Vietnam’s information and communication sector declines in October
Year-to-date, the sector has attracted 194 projects with a cumulative registered capital of US$150.56 million, reflecting moderate investment levels in Vietnam’s digital and communication infrastructure…
Vietnam FDI in professional, scientific, and tech sectors declines, October
This monthly decline in both project count and capital could reflect a period of adjustment, with FDI in this sector often fluctuating due to the high specificity and varying capital demands of technology-driven projects. Despite this downturn, the sector is expected to maintain its role in supporting Vietnam’s innovation and technological advancement trajectory…
Tax from cross border service providers hits US$157.4 million in Vietnam so far this year
This is perhaps most interesting in the context of Vietnam’s Cybersecurity Law. Specifically, the law requires foreign firms to open a local office, which many of them have simply not done, hence, paying the aforementioned tax as a cross border service provider…
Cross-border firms with local offices face stricter supervision, more red tape
Concerns have been raised that foreign cross-border service providers may be reluctant to open local offices in Vietnam due to the recent investigation of TikTok by the Ministry of Information and Communications (MIC), Vietnamnet is reporting. The article notes that the MIC has set out to assuage these concerns with
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
In today’s Vietnam news: Construction labour demand impacting garment industry, ADB growth forecasts, Bloomberg survey GDP growth expectations, Starlink orders open, Seafood industry call
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It