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NEWS TAGGED VIETNAM
Friday 29 October 2021
E-commerce is growing fast in Southeast Asia
E-commerce is expected to grow 6.1% to THB4 trillion (US$120 billion) this year in Thailand, according to estimates made by Thailand's Electronic Transactions Development Agency (ETDA),...
Thursday 28 October 2021
The rise of Southeast Asian unicorn companies
Unicorn companies in Southeast Asia have been growing rapidly. Not only have their valuations substantially grown, but unicorn companies in the region continue to emerge.
Thursday 28 October 2021
Digital economy to generate US$74 billion for Vietnam by 2030
Digital economy, if developed properly, could generate US$74 billion in revenue by 2030 for Vietnam, equivalent to 27% of the country's GDP in 2020, according to Alphabet's estimates...
Thursday 28 October 2021
EdTech startups on the rise in Southeast Asia
EdTech startups become popular targets of investors as the COVID-19 pandemic induced school closures and forced students and teachers to take up remote learning around the world....
Friday 22 October 2021
Digital economy to be 20% of Vietnam GDP by 2025, says prime minister
Vietnam expects digital economy to reach 20% of GDP by 2025 and 30% by 2030, prime minister Pham Minh Chinh said at the Digital World 2021 exhibition, cohosted by the government of...
Friday 22 October 2021
Local brands forced out of smartphone scene in Vietnam
Since Vingroup discontinued its smartphone line VinSmart, there is only one local smartphone brand left in Vietnam: BPhone.
Wednesday 20 October 2021
Asia Venturing: Can Asia see the unicorn boom?
In a world where "money is cheap," unicorns, the companies with a valuation of more than $1 billion, are born in an accelerated mode during the COVID-19 pandemic era.
Wednesday 20 October 2021
Manufacturers in Vietnam striving to resume normal operations
Since reopening in early October, export-processing zones and industrial parks in Ho Chi Minh City, Vietnam have restored production capacity to nearly 70%, while Saigon Hi-Tech Park...
Wednesday 20 October 2021
Samsung, foreign investors confidence in Vietnam remains high
General director of Samsung Vietnam Choi Joo Ho has confirmed that the company will spend the new investment budget approved each year, and has requested an annual increase of US$100...
Monday 18 October 2021
Southeast Asia roundup: Samsung, Intel to restore full production in Vietnam in November
Children in the US and Europe are going to miss a pair of NIKE shoes for Christmas this year as manufacturing activities in Vietnam are lagging due to COVID. Consumer electronics...
Monday 18 October 2021
COVID fears send 1.3 million workers fleeing Ho Chi Minh City in 3Q21
The pandemic has caused Vietnamese workers to flee the city of Ho Chi Minh. About 1.3 million people left for their hometown in the third quarter due to the pandemic, according to...
Friday 15 October 2021
Vietnam-based unicorn VNG in no hurry for IPO
VNG, the first Vietnam-based unicorn that operates mobile communication App, online games, e-commerce, and cloud computing services, in 2017 signed an MoU with Nasdaq but has not...
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from...
Tuesday 12 October 2021
Panasonic to start production at new plant amid labor shortage in Ho Chih Min City
After locking down for nearly three months, Ho Chih Min City is finally seeing some of the restrictions slack up this month. But what comes with the reopening is a severe labor shortage...
Tuesday 12 October 2021
Southeast Asia roundup: Vietnam reopens after 3Q21 GDP fell by 6.17%
American clothing brands are seeing delayed production ahead of end-of-the-year shopping season because of reduced production in Vietnam, which logs the biggest quarterly fall in...