The approved plan outlines the upcoming public offering, expected to take place either in the fourth quarter of 2024 or the first quarter of 2025. The IPO landscape in Vietnam has weathered a subdued phase following the outbreak of the COVID-19 pandemic, with State-owned enterprises largely absent from the public market limelight. Instead, private …
Vietnam hopes that Japanese businesses, with their strengths in capital, advanced technology, and modern management practices, will explore and soon initiate new investment projects in Vietnam, particularly in high-tech sectors where Vietnam has needs and offers preferential investment policies, Minister of Industry and Trade Nguyen Hong Dien was quoted by the national radio broadcastor …
Vietnam seeks Japanese investment in high-tech industries Read More »
Vietnam’s GDP is expected to reach $506 billion in 2025, becoming the 33rd largest economy globally, according to the latest forecast from the International Monetary Fund (IMF). The country’s economy is forecast to grow by 6.1% next year, higher than forecasts for other countries in the region with 4.5% for China, 5.1% for Indonesia, 3% …
Vietnam’s 2025 GDP forecast to hit $506 bln: IMF Read More »
Vietnam has declared semiconductor industry development a top priority and strategic choice. Vietnam is also one of the 16 populous countries in the world and ranks 44th out of 133 economies in terms of innovation. The country is home to more than 50 chip design enterprises with a workforce of over 6,000 engineers; seven testing …
Google will establish its official presence in Vietnam in 2025, transferring advertising partner responsibilities from Google Asia Pacific to Google Vietnam Co., Ltd. Starting April 1, 2025, Google Vietnam will manage contracts and invoicing in Vietnamese dong (VND) with 10% VAT. Google Vietnam will directly manage customer relationships in Vietnam from March 1, 2025, replacing Google …
Google will officially open its Vietnam office in 2025 Read More »
Given the telecom market’s growth trajectory, it is projected that there will be over 90 million 5G connections in Vietnam by 2030, with 5G coverage exceeding 99% of the population. According to the GSMA’s report, tittled “Accelerating 5G in Vietnam,” the country is one of Asia’s most dynamic and fast-growing nations with digital transformation already …
Vietnam’s 5G network to cover 99% of population by 2030 Read More »
Vietnam’s digital economy is booming, projected to reach $220 billion by 2030, driven largely by e-commerce. E-commerce constitutes over 60% of this economy, with a projected 28% CAGR from 2025-2033. This growth is fueled by increased internet/mobile usage, expanded electronic payments, and supportive government policies. The Vietnamese government aims to reduce cash transactions to under 10%, actively …
Vietnam poised to become an e-commerce dragon in Southeast Asia Read More »
The Ho Chi Minh City People’s Committee has released a report summarizing the five-year implementation of the “Project to Support the Development of the City’s Startup and Innovation Ecosystem for the 2021-2025 Period.”. It notes that the city’s startup and innovation ecosystem provides a solid foundation in support of innovation activities and is growing rapidly. …
With the theme “New Advances for Vietnam’s Internet – Breakthrough with DC, Cloud, 5G & AI”, the event gathered Vietnamese and foreign experts, businesses, and organizations to discuss digital transformation in Vietnam. Nguyen Thanh Phuc, Director General of the Department of Telecommunications at the Ministry of Information and Communications (MoIC). Investments in advanced technologies like …
Internet users in Vietnam estimated to surpass 100 mln by 2029 Read More »
1. Video: When Traditional TV and Streaming Join Forces to Captivate Audiences Video remains one of the most effective advertising tools, but how audiences access content has changed dramatically. According to data from Kantar, 50% of viewers now spend most of their time on streaming platforms like Netflix, YouTube, and Disney+, while traditional TV still …
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