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Vietnam’s 5G network to cover 99% of population by 2030

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 …

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Vietnam poised to become an e-commerce dragon in Southeast Asia

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 …

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HCMC’s startup ecosystem nears global Top 100

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. …

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Internet users in Vietnam estimated to surpass 100 mln by 2029

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 …

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10 Marketing Trends for 2025

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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THREE MAIN TRENDS OF VIETNAMESE CONSUMERS IN 2025

Vietnam’s consumer growth in 2024 has been comparatively slight due to the impact of inflation and an increasing desire among consumers to save. PwC conducted a survey in the Asia-Pacific region with approximately 7,000 customers, including 515 Vietnamese, and found that approximately 63% of them remain concerned about inflation. However, 63% of Vietnamese consumers intend …

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Opportunities for Bilateral Cooperation Between Vietnam and Bulgaria

At the Vietnam-Bulgaria Business Forum held on November 27 in Ho Chi Minh City, Bulgarian President Rumen Radev called for cooperation between the two countries in fields such as data technology, electric vehicles, transportation, and agriculture. The event attracted 250 businesses from both countries, providing an opportunity for both sides to meet, exchange information, and explore …

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SPN Advises Japanese High-End Restaurant Chain on Entering the Vietnamese Market

SPN has successfully concluded a series of consulting sessions on investment and business, connecting with potential partners, and conducting preliminary market research for a Japanese high-end restaurant enterprise looking to enter Vietnam. The events saw the participation of senior leaders from SPN, Vietnamese businesses, and the Japanese company. The demand for high-quality food and professional …

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VIETNAM LOGISTICS: AN ATTRACTIVE DESTINATION FOR JAPANESE BUSINESSES

Vietnam is emerging as an appealing destination for Japanese companies in the logistics sector. According to statistics from the Foreign Investment Agency of the Ministry of Planning and Investment, as of September 2023, Japan had over 5,000 projects with a total investment of nearly 70 billion USD, accounting for 15.7% of total FDI in Vietnam. …

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SPN CONSULTING GROUP TSUBASA TRANSPORT ENTERPRISE (JAPAN)

Recently, SPN hosted an important meeting with the Tsubasa Corporation from Japan to provide a comprehensive overview of the Vietnamese business environment, particularly in the logistics field. This consultation not only helped Tsubasa gain a deeper understanding of the market but also opened up potential cooperation opportunities between the two parties. Vietnam is a country …

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