Viet Nam’s tech news snapshot for June 2023 touched on subjects including: blockchain-and-NFT driven social networking; VinFast’s new small-scale EVs; the entry to Viet Nam of UOB Bank’s SME-focused incubator; and more.
Hit the headlines below to read each Viet Nam tech news article behind it, in full.
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- Vietnam: An overview of the micro-insurance industry in the country
- Vietnam: Oxalus blockchain startup raises $1.1M with NFT-focused social commerce and networking platform
“It also includes analytics tool that allows users to discover and visualize big data from blockchain – track every activity of wallets and collections, which help them to decide profitable investments.”
“Oxalus has connected over 200 partners throughout Asia, Latin America, and the United States as well as attracted approximately 900,000 unique users.”
- Vietnam: Tech in Asia’s Regional Founders Meetup is set for June 28th in Ho Chi Minh City – register here
- Vietnam: VinFast launches mini EV with 2 doors and 5 seats, facing a steep challenge from competitors and the country’s motorbike and scooter culture
“Amid delays in constructing subways and roads, 70 million drivers have stuck to the ease of scooters that allow them to slip down narrow alleys and one-lane rural paths in the fast-growing country.”
“Chinese rivals are starting to stream into Vietnam, including BYD and Hongguang with its Mini EV – touted as a $4,500 “alternative to walking,” though import taxes may mean a higher local price. VinFast, which dominates domestic EV sales, aims to sell to motorists in Europe and Canada, as well as build a factory in North Carolina for cars, buses and batteries.”
- Vietnam: Singapore’s UOB bank launches UOB FinLab innovation accelerator in Vietnam, focusing on digital technologies to boost SME business growth
- HSBC Vietnam and Dat Bike e-mobility firm ink agreement around digitizing financial operations, and overseas presence allowing foreign investment
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