July, August & September 2023
Vietnam’s tech news snapshot for 2023’s third quarter touched on items including: Vietnam’s central bank joining the Regional Payment Connectivity Initiative for cross-border payments; the country’s scrutiny of crypto and cryptocurrency mining; and more.
For other editions, take a look at Asia’s tech news, daily, delivered via LinkedIn, Facebook and Twitter/X, and our Indo-Pacific tech newsletters for a weekly email update on Asian tech.
Hit the links below for each month’s Vietnam tech news headlines, or simply scroll for an at-a-glance look at Vietnamese tech news in Q3 of 2023:
September 2023 | August 2023 | July 2023
e-Conomy SEA 2023: Vietnam report – Google, Temasek, Bain & Co
September 2023
BCG: Global Payments Report 2023
- Vietnam: ThinkZone Ventures early-stage VC preps for $50M 3rd fund, focused on international firms utilizing Vietnam’s workforce or those building their first product in Vietnam
- NEAR APAC blockchain tech conference set for Vietnam, September 8-12, featuring Bootcamp Series, HackFest and more
- Vietnam: Indonesia’s Gojek partners Selex Motors to pilot Selex Camel e-bikes across Gojek’s transport, food delivery and logistics services in Vietnam, seeing significant savings
Nguyen Huu Phuoc Nguyen, CEO of Selex Motors, said, “The shift towards green transportation is incredibly significant as we witness the impact of climate change. The partnership between Selex Motors and Gojek not only helps drivers with its cost-efficient operations, but it also advances the goal of emission-free transportation.”
“Our objective is to make cities more environmentally friendly through an inventive e-bike ecosystem and highly efficient battery-swapping technology.”
- Vietnam’s ELSA English language learning platform raised $22.5M Series C, adding role-play scenario driven ELSA AI Tutor
- Vietnam Venture Summit 2023 set for October 30th in Hanoi, delivered by Golden Gate Ventures – register your interest in attending here
- Vietnam: Cricket One edible insect firm opens Asia’s largest cricket processing facility, closing Series A round with sights on North American pet foods
e-Conomy Southeast Asia 2023 report – Google, Temasek, Bain and Co
August 2023
- Vietnam: Net Zero Challenge launches seeking early-stage climate tech projects that want to pilot solutions in Vietnam
- Vietnam: A quick overview of Startup Island Taiwan’s recent Taiwan Tech Solution Day in Ho Chi Minh City, a showcase of 14 of Taiwan’s digital tech startups
- Vietnam: VNG Corp internet major, backed by Singapore’s Temasek and China’s Tencent, sets sights on $150M US stock market listing
- Vietnam: The Young Entrepreneurs Competition from Little Wallet startup launches in Ho Chi Minh City, seeking high school students to pitch
- Vietnam: Central bank officially enters Regional Payment Connectivity initiative, joining central banks of Indonesia, Malaysia, Philippines, Singapore and Thailand
State Bank of Vietnam (SBV), the central bank of Viet Nam, has officially joined the Regional Payment Connectivity (RPC) initiative.
This recent development is an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) that was initiated by the central banks of Indonesia, Malaysia, Philippines, Singapore, and Thailand at the sidelines of the G20 Leaders’ Summit on 14 November 2022 in Bali.
- Thailand’s HD healthcare and surgery marketplace gains backing from Vietnam’s FEBE Ventures, with sights on being the go-to platform for accessible and affordable healthcare and elective surgeries in SE Asia
- South Korean Ministry of SMEs & Startups to open K-Tech College for software training and job placements with Korean startups for students from developing nations
CSIS: Pulling back the curtain on China’s maritime militia
July 2023
Spamhaus Technology: Live Botnets Attack Map
- Vietnam: Taiwan’s Foxconn approved to invest $246M in 2 projects in Quang Ninh, raising total in Vietnam to near $3BN and focusing on manufacture and assembly of telecom and EV parts
- Vietnam: Dep’t of Cybersec & High-Tech Crime Prevention to investige Pi Network and Pi Coin, mining-incentivized crypto network based on mobile phones, without need for expensive mining kits
“Also, he warned that cryptocurrency promoters have lured people into ‘business models resembling multi-marketing models’ and the crypto network lacks the necessary level of transparency for a blockchain project. Also, it may be ‘utilised for nefarious purposes like fraud or data collection.'”
“According to state media reports, Vietnam asked international social media platforms to leverage artificial intelligence to automatically detect and remove “toxic” content, including offensive material, misinformation and anti-state narratives.”
“This is another step forward as Vietnam implements more regulations on tech firms like Meta’s Facebook, Google’s YouTube, and TikTok.”
SharePass: Online digital security solution
Indo-Pacific TECH news
All-day tech news updates from across the broad – and increasingly strategically and technologically important – Indo-Pacific region, and across South and Southeast Asia:
- Indo-Pacific tech daily on Twitter
- Indo-Pacific tech daily on Facebook
- Indo-Pacific tech news on LinkedIn
Our mobile app is currently offline, due to the ongoing devolution of what was Twitter, now X.
We aim to have the app back online with a much-improved interface and broader functionality by the end of 2023.
World Economic Forum: Space Applications in Agriculture
Indo-Pacific TECH newsletter
Our weekly e-newsletters go out via Substack and LinkedIn, giving a one-glance grasp of the week’s technology news from the Indo-Pacific and South & Southeast Asia.
