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Asia Tech, October 2024
Asia's Tech Newsletter, Weekly
Indo-Pacific Studies Center

July 2024: Vietnam

Vietnam’s technology news snapshot for the month of July 2024 briefly captures items spanning Foxconn’s circuit board production in Vietnam, Google’s AI-focused upskilling for Vietnam’s workers, data center and cloud service restrictions in Vietnam relating to foreign ownership, and more.

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  • Vietnam: Foxconn Singapore gains licence to invest $551M in 2 manufacturing projects in smart-system equipment and products, adding to $383M PCB facility / full item
  • Vietnam: As part of ‘Building for Vietnam’s AI Future’ initiative, Google is to roll out 40,000 scholarships for AI skills / full item

Vietnam: National Innovation Centre and Google partner for ‘Build for the AI Future’ initiative, looking to boost workforce skills, nurture the startup ecosystem and lift AI adoption / full item

  • Vietnam: Digital economy projected to grow by a factor of 11 by 2030, reaching near half the country’s current GDP and generating $220BN in value, says Google, with AI set to be a key driver / full item
  • Vietnam: New Law on Telecommunications eliminates restrictions on foreign ownership of data and cloud service providers / full item
  • Vietnam: Nami Distributed Energy lands $10M from Singapore’s Clime Capital with rooftop solar and on-site energy solutions for commercial and industrial customers / full item
  • ‘3 key takeaways from the soft launch of GenAI Fund’s ASEAN GenAI Startup Report’ via e27 / full item
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