The mobile application market is forecast to reach a value of USD 626 billion by 2030, with a compound annual growth rate (CAGR) of 14.3% from 2024 to 2030. This growth is primarily driven by the global number of mobile phone users approaching 6 billion, with approximately 18.22 billion devices, and the increasing demand for …
MOBILE APPLICATION MARKET TO REACH USD 626 BILLION BY 2030 Read More »
In the era of technological advancement, the emergence of Generative AI has been a remarkable phenomenon and is revolutionising the global business landscape. With its ability to generate various forms of content, including articles, images, videos, and even programming, in a short amount of time, GenAI has become a powerful tool that organisations are increasingly …
Most tech giants have shown significant efforts in the AI race as well as in hardware advancements in 2024 — and the public can expect more of the same in 2025, according to Business Insider. Many Big Tech companies had grand product unveilings this year, but some products are still not ready to hit the …
Vietnam’s economy is rapidly growing due to manufacturing and foreign investment, making it a rising economic force in Southeast Asia. While China, Japan, and India lead in the region, Vietnam’s 7% projected growth in 2024 is among the fastest growing in the region and the world. Indonesia leads Southeast Asia with a projected US$1.5 trillion …
Experts said the Vietnamese e-commerce market has experienced robust growth with new shopping trends on the horizon. Industry experts note that Vietnam’s e-commerce market has been experiencing robust growth and anticipates new shopping trends on the horizon, anticipating a fierce competition in the sector with continuous launch of promotional campaigns. According to a report from …
E-commerce race heats up with new player entering arena 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 »
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. …
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 …
THREE MAIN TRENDS OF VIETNAMESE CONSUMERS IN 2025 Read More »
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