Vietnam’s technology news headlines in Q1 2023 – that’s January, February and March – covered a range of technologies, issues, investments and subject areas.
January saw Vietnam’s ZaloPay integrate with Indonesia’s Grab for cashless payments; February saw GIMO backed with earned-wages access for the underbanked population; and March saw South Korea’s LG boost its Vietnam presence for auto-focused technologies.
To read more about these items, and others, hit the links listed below – each Vietnam technology news headline is linked to the article behind it, in full and free to read.
January 2023 | February 2023 | March 2023
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tech news: March 2023
“…the e-wallet market in Việt Nam is booming with 90% of the market falling on three wallets: Momo, Moca and ZaloPay….In addition, the 3 other major service providers…are ShopeePay (AirPay), ViettelPay and VNPTPay.”
- Qualcomm Vietnam Innovation Challenge 2023 unveils 10 startup teams selected, working on tech in fields including smart cities, robotics, IoT, agri-tech and more
- Vietnam: F88 gains $50M funding from Vietnam-Oman Investment Fund to expand microfinance in the country, aiming to provide underbanked and unbanked populations with access to small emergency loans
- Vietnam: LG Electronics boosts R&D center to corporate entity status to further bolster fast-growing auto solutions business, looking at software for in-vehicle infotainment systems
“In collaboration with Vietnamese universities, LG has been running programs to train young locals seeking careers in software development in Da Nang and neighboring cities since 2021. The company said it will expand the academic collaboration to run programs for students in Hanoi this year.”
- Vietnam: A brief intro to Prime Commerce, e-commerce enabler offering centralized software for multi-channel sales order management, spanning inventory, payments, data analysis and more
- Vietnam: MoMo digital payments firm gains Western Union collaboration deal to facilitate money transfers via the MoMo app
tech news: February 2023
- Vietnam: Koina gains $1M backing from VinaCapital Ventures with data-driven farm-to-business agriculture tech platform
- Vietnam: GIMO earned wage access startup hits first close of Series A at $5.1M
“Further, the data shows that digital advertising spend in Vietnam crossed US$1.04 billion in 2022 and is projected to reach US$1.18 billion in 2023…”
- Vietnam: Aura Network NFT platform raised $4M, aiming to build an ‘Internet of NFTs’
- Vietnam: Netflix reportedly preparing to open Vietnam office, set to become the first major US tech firm with a footprint in the country
tech news: January 2023
- Vietnam: ABB private equity firm is raising a $100M second fund, focusing on profit-making SMEs
- Indonesia’s Grab adds ZaloPay, mobile payment app and financial services arm of Vietnam’s VNG, as its latest cashless solution in Vietnam, gaining bank networks and 71M messaging app users
- Vietnam: Fintech Revolution Summit 2023 set for March 27-28 in Hanoi, aiming to gather leaders in the banking, financial services and insurance sectors
- Vietnam: VinBrain, an AI-driven healthcare firm funded by VinGroup conglomerate, inks collaboration agreement with Microsoft to further develop services
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