Vietnam’s technology news in December: Vietnam’s opportunity in the global gaming industry; the country’s moves into the global semiconductor manufacturing industry; Vietnam’s new subsea data cable; Vietnam gets tough on e-commerce imports from Temu and others; and more.
Also available:
Weekly newsletters // Critical tech monthly
- Vietnam launches campaign against cybercrime and online fraud, with boosts to internet banking security to come, and increased scrutiny of crypto transactions / full item
- Vietnam: An overview of the country’s growing presence in the gaming industry, seeing projected revenue of near $493M and a 31% increase in employment in the sector / full item
- Vietnam: Bac Ninh province targets site prep for Nam Son-Hap Linh Industrial Park before February’s Lunar NY holiday to speed investment by China’s Goertek electronics giant / full item
- Japan’s Toyota and Vietnam’s Vin Phuc province ink MOU to boost collaboration and investment in key sectors including manufacturing, automotive, and electric vehicles / full item
Vietnam: ‘46.15% of agencies and businesses reported… at least one cyberattack in the past year, with 6.77% facing frequently. The total number…is estimated to exceed 659K’ / full item
- Vietnam has emerged as a burgeoning hub for the semiconductor industry, now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD… / full item
- Vietnam’s Ba Ria-Vung Tau Province launches feasibility survey for $1.37BN ‘super data center’, and undersea fiber optic cable landing project in the country’s southeast / full item
- Asia Direct Cable commenced operations December 19, making it the highest-capacity undersea cable in Vietnam, doubling the previous cable’s capacity / full item
- Vietnam’s B2C e-commerce exports are projected to hit approximately $5.8BN in value by 2028, with MSMEs set to contribute 25% of this / full item
- Vietnam: A brief look at what the country believes will come from its recent partnership with chips giant, NVIDIA / full item
- In October, Vietnam unveiled the ‘National Strategy on Application and Development of Blockchain Technology to 2025, with a Vision to 2030’, part of its digital economy move / full item
‘…the Mekong is facing increasing pressure from ambitious infra projects, competing interests, and the effects of climate change… Cambodia’s Funan Techo Canal, highlights these challenges’ / full item
- Vietnam’s Holdstation partners China-founded KuCoin to boost blockchain and DeFi adoption in Vietnam, looking at education and collaboration across business, communities and business / full item
- Vietnam: Gov’t inaugurates Core Data Centre Infrastructure, targeting infrastructure as the backbone for ongoing moves in digital government services and data management / full item
- Vietnam: Gov’t suspends online retailers Temu and Shein from operating in the country, with the firms now working to register services with authorities / full item
- Vietnam: NVIDIA and VIetnam Gov’t ink agreement for joint development AI R&D centre, and AI-focused data centre / full item
- Vietnam: Bitget cryptocurrency exchange launches BitEXC, a trading platform for the Vietnam market, with security provisions for user assets including a $300M protection fund / full item
Vietnam: “…remittances were among the key factors contributing to the development of Vietnam [in 2024], along with 421 foreign direct invested projects…” / full item
- Vietnam unveils plans for a $67BN, 1500km high-speed railway connecting Hanoi with Ho Chi Minh City, streamlining internal supply chains in pursuit of manufacturing growth / full item
- Singapore asset manager, Keppel, and Vietnam’s Sovico conglomerate are discussing plans for new SEA undersea cables, tho agreement has not yet been reached / full item
- National Bank of Cambodia, ACLEDA Bank and State Bank of Vietnam launch cross-border QR code based payments / full item
- Dubai’s Damac Group unveils plan to invest $3BN to build data centers across Southeast Asia, seeing the region as a future hub for AI and cloud services / full item
- ADB and Mastercard Impact Fund ink MOU to provide financing for women-led or -owned MSMEs in India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam / full item
Critical technologies in the news, globally, in December 2024
Critical technologies monthly
- China: ‘Laser Diamond Constellation’ test satellites enter orbit, looking at inter-satellite communications most likely in the context of mega-constellation sat plans…
- Meta is reportedly planning a globe-spanning subsea cable network at least 40,000km in length and likely to cost $10BN…
- Taiwan delegation meets with Oman representatives around support and participation in Oman’s 3+7 year semiconductor program…
Full report: Critical tech in December >
Indo-Pacific Insight: Tech, trade, supply, space, geopolitics…
Asia’s Tech News, Weekly in December
● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack
● To December 14th on LinkedIn and via Substack
● To December 7th on LinkedIn and via Substack