Ministry of Information and Communications has greenlighted the commercial test run for 5G networks and services from two state-owned telcos Viettel and MobiFone, which will last until the middle of next year.
Cybersecurity firm Bkav has exported the first batch of security cameras using artificial intelligence to the US market, CEO Nguyen Tu Quang wrote on his Facebook page.
Number of IoT devices worldwide is expected to increase when the era of Internet of Everything has come, leaving an escalating cyber security threats, a Huawei expert warned at a Hanoi conference.
Intermediary payment services provider VNPay has been named the second unicorn startup in Vietnam after gaming firm VNG, a Google, Temasek and Bain & Company e-Conomy SEA 2020 report shows.
- ThinkZone Accelerator Batch 04 to invest up to $0.5 mln in tech startups 1
- English learning app ELSA raises $15 million for international growth 2
- Japanese $2.5bn AI startup targets Vietnam after COVID boost 3
- Grab considers U.S. IPO this year to raise at least $2 bln 4
- Vietnam’s largest payment app MoMo raises $100 mln 5
- On-demand logistics company Lalamove gets $515 million Series E 6
Vietnam is among the fastest growing market of internet economy in Southeast Asia, with 16 percent growth last year to $14 billion, according to a Google report.
Nhi Dong 315, a Vietnamese tech-enabled healthcare services company, has recently closed its pre-Series A financing from a consortium of international investors from Hong Kong, Japan, Singapore, the Philippines, Vietnam, and Europe.
Digital transformation efforts in Vietnam have yielded the biggest improvement among regional economies, according to an industry study of 11 Asia-Pacific markets.
Vietnam’s internet economy is the second fastest-growing in the region, increasing 39 percent annually since 2015, according to a recent report from Google.
AppotaPay has got a license from the State Bank of Vietnam to become the 39th payment intermediary service provider in the country.
The first electric bus model manufactured by VinFast, a subsidiary of Vietnamese conglomerate VinGroup, has been put into operation on a trial basis at the firm’s manufacturing complex in Hai Phong.
PayME, the first and only cross-border payment service provider in Vietnam, has joined hand with Singpore’s mobile payment service provider Liquid Group strengthen its cross-border contactless QR payment network.
Ride-hailing, e-commerce have been accepting losses for a bigger market share in Vietnam’s market. E-wallet, which have been mushrooming in the country have engaged into a similar race.
Vietnam’s largest ride-hailing online management platform has raised a pre-Series A funding led by Vietnam-based startup accelerator ThinkZone Ventures, according to an announcement.
The fintech industry has been growing steadily in Vietnam, fueled by increasing smartphone and Internet penetration, the country’s young population, and its rising middle class.
British multinational banking and financial service provider Standard Chartered has completed its first ever cross-bank Letter of Credit transaction between Vietnam and Thailand using blockchain technology.
E-payment firm NextPay plans to raise $60 – 100 million via private placement early next year, ahead of IPO and exchange listing in 2022, CEO Nguyen Huu Tuat told Deal Street Asia.