Vietnam expects digital economy to contribute up to 20% of economic growth by 2025 and the ratio of enterprises applying tech from the fourth industrial revolution reaches 30%.
The State Bank of Vietnam issued licences to G Payment (G PAY) and VIDIVA Technology (VIDIVA), which will provide intermediary payment services in the country.
Apple is planning to manufacture its upcoming over-ear AirPods Studio headphones in Vietnam, said The Information. This comes as Apple looks to “diversify manufacturing away from China.”
inDriver, a ride-hailing service with more than 39 million users in more than 300 cities in 31 countries launched a pilot program in Vietnam after going live in Indonesia, Malaysia, Thailand, Philippines.
- 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
Mobile transactions are expected to experience 400 percent growth in the next five years, according to the Fintech and Digital Banking 2025 report by Backbase and IDC.
JobHopin, a Vietnamese startup that wants to make job hunting in Southeast Asia easier with automated job-recruitment platform, announced it has raised a $2.45 million Series A, company said in a statement.
A mobile money pilot project has been submitted to the prime minister for approval, marking a bold step for the development of payments using telecommunication accounts in Vietnam.
Bkav Technology Group officially launched their latest series of Bphones in Hanoi on May 10, including the Bphone B40, B60, B86, and B86s models.
When US tech giants have been hastening shift away from China amid trade war and conflicts from the coronavirus outbreaks, Apple plans to produce millions AirPods units in Vietnam in this quarter.
The South Korea tech giant announced Monday a massive recruitment of high-tech employees with deadline for applications on June 7, 2020.
Tech giant Apple has listed many jobs in Vietnam on LinkedIn recently, including an operations manager based in Hanoi.
Vietnamese e-wallet users perform 1.6 to 2.2 transactions on digital platforms daily with an average spending of VND500,000 ($21.5), according to a survey.
Grab, Southeast Asia’s superapp, has begun piloting its latest service GrabMart for users in Ho Chi Minh City, helping to bolster user safety and supplementing the government's efforts to combat the coronavirus.
Vietnamese startup Lozi, a fastest-growing tech firm which operates the No.1 hyperlocal e-commerce platform providing one-hour-delivery services called Loship, plans 2020 revenue of $31 million and an expansion beyond Vietnam.
Vietnam's e-commerce market is projected to hit $17.3 billion in 2023, from $9.4 billion in 2019, according to a forecast from data and analytics company GlobalData.
Sharing economy, a peer-to-peer based business activity, which is booming around the globe is expected to suffer damage from the spreading coronavirus.