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Asia Tech, October 2024
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Indo-Pacific Studies Center

Vietnam: October 2024

Vietnam’s technology news in October touched on developments and items including: Vietnam-China interoperability for QR code payments, across their borders; Vietnam’s nation-wide move towards IPv6, the latest internet protocol; artificial intelligence R&D in Vietnam; and more.

Vietnam market reference

  • Vietnam population (2023): 98.9 million
  • Vietnam online population: 68M / 69.9%
  • Vietnam’s median age: 33.1 years

Plus: Asia’s Tech Newsletter, Weekly >

Global tech report 2024

KPMG Global Tech Report 2024 – Beyond The Hype

  • Vietnam: Vingroup conglomerate launches VinVentures VC fund with $150M corpus, looking to back tech startups in critical technology areas / full item
  • Vietnam’s FPT tech giant and Nat’l University of Singapore partner on $50M investment in artificial intelligence research and related talent development / full item
  • Vietnam: TECHFEST 2024 National Creative Startup Talent Search adds SHE TECHFEST 2024 to identify, support and showcase women in business / full item
  • Vietnam’s National Payment Corporation inks MOU with China’s UnionPay International for cross-border QR code interoperability, allowing QR payments between the two networks / full item
Asia Tech News Podcast

Asia Tech News Podcast: Audio headlines round-up to mid-October 2024

  • Vietnam is to convert all local networks to IPv6, the most recent Internet Protocol, alongside tech goal announcements on subsea cables, nationwide 5G, home fiber, and more / full item
  • Vietnam: A brief listing of the 40 final round project awards from the 2024 Women’s Startup Competition / full item
  • Vietnam: A brief overview of the recently-opened Ho Chi Minh City Creative Startup Hub project, aiming to gather innovators with coworking, events, networks and more / full item
  • Vietnam: An overview of the finalists from the recent Women’s Creative Startup and Green Transformation component of the 2024 Women’s Startup Competition / full item
  • Vietnam: Lotte Ventures, VC arm of Lotte Group conglomerate, gains gov’t approval for local VC fund, looking to invest in tech-driven startups / full item
Cloud security - APAC 2024

Suse: Securing the Cloud – APAC 2024 edition

  • Delegates from Vietnam’s Da Nang met with Australia’s NSW Investment and Stone & Chalk innovation community to discuss cooperation and knowledge-sharing / full item

“Between 2024-2030, Vietnam aims to become a global center for semiconductor human resources and establish basic capabilities in research, design, production, packaging, and testing.” / full item

  • Vietnam is to produce Meta virtual reality headsets from 2025, creating 1000 jobs / full item

“Indonesia and Vietnam are currently leading the manufacturing and trade flow shifts… In 2023, Indonesia received about $33BN in greenfield manufacturing FDI and Vietnam about $16BN…” / full item

  • Thailand: The Australia Room opens its doors, a forensics training hub for police forces from Cambodia, Laos, Thailand and Vietnam, focusing on cyber-scams and crime networks / full item
KPMG Venture Pulse Q3

KPMG Venture Pulse Q3 2024

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