Vietnam’s technology news, first quarter 2024
In this quarterly news round-up: The Make In Vietnam initiatives large-scale national goals; Vietnam’s tax and other incentives to foreign firms, aiming to develop a local semiconductor manufacturing industry; Vietnamese cybersecurity for smart cars; and more – hit the headlines below.
In March 2024 | In February 2024 | In January 2024
Our other editions
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– critical & emerging technologies
Tech in Asia Saigon Summit 2024 – May 3rd 2024, Ho Chi Minh City, Vietnam
Vietnam tech news: March 2024
- Qualcomm Vietnam Innovation Challenge 2024 unveils the teams selected, working on solutions in facial recognition, healthcare, conversational AI and more / read it here
- Make In Vietnam initiative: “It’s expected that 12-14 IT parks and software park chains will be developed in localities throughout the country by 2025, and the figure will be 16-20 by 2030.” / read it here
- Vietnam: A brief overview of the country’s many challenges in cybersecurity / read it here
- Vietnam: TechCoop raised over $5M with end-to-end digital and supply chain services for agri-focused SMEs and small farmers / read it here
- Vietnam: Kamereo B2B food sourcing platform raised $2.1M, seeing supply chain opportunities in Vietnam’s fragmented and fast-developing market / read it here
- Vietnam: An interview intro to NativeX English language learning platform focusing on working professionals and targeting uptake by 10 million domestic users / read it here
- “Vietnam led in terms of female founders’ share of the total capital raised by startups…with an impressive 53%. The Philippines (23%) was ranked 2nd, followed by Malaysia (19%) and Singapore (18%)…” / read it here
- Vietnam: South Korea’s smart farm firm, Avalve, inks MOUs to bring AI-optimized agriculture to Vietnam / read it here
StormWall: DDoS Cyber Attacks in 2023 in Asia Pacific
Vietnam tech: February 2024
- Vietnam: A quick intro to the Empower Her Tech initiative from the UN Development Programme and partners, aiming to boost digital skills in female entrepreneurs aged 18-35
- Vietnam: BlokID secures $1.25M with blockchain-based privacy solutions for users in the digital advertising industry
- ASEAN Digital Awards 2024 winners announced February 1st during ASEAN Digital Ministers’ Conference in Singapore – an intro to Vietnam’s award winners
- Vietnam: Ho Chi Minh City unveils plan to support startup projects in the 2024-2028 period, with sights on boosting near 2000 projects, 1000 of these at pre-seed stage
- Vietnam offers tax breaks and other perks to semiconductor companies under national plan to grow the country’s presence in technology manufacturing supply chains
- Vietnam: NativeX education-tech startup secures $4M in 8 months since launch with English learning targeting 10 million working professionals in Vietnam
- Vietnam: An intro to Entobel, converting black soldier flies, their eggs and larvae into sustainable animal feed protein and soil fertilizer
- Philippines: Vietnam’s Vingroup conglomerate to invest in the Philippines, initially with VinFast EV brand establishing electric vehicles dealerships, and the Philippines positioned to step into battery tech
Critical technologies, globally: News in March 2024
Vietnam snapshot: January 2024
- ‘UK & Vietnam collaboration and development opportunities for the music business, 2024-2027’, a report looking at the creator economy, tech startups, entrepreneurship and more
- Vietnam’s VinCSS partnered South Korea’s Autocrypt auto cybersecurity firm at CES 2024, looking to better protect smart vehicles from cyber threats
- ICYMI: Vietnam’s VinCSS and Japan’s VicOne, Trend Micro subsidiary, partnered on auto cybersecurity, focusing on vulnerabilities in smart car electronic control units as use of open-source software rises
- Vietnam: IDG Blockchain VC firm completes $21M fundraise with focus on investments in decentralized technologies
- Vietnam: VNG withdraws registration for US IPO, the first by a Vietnamese company, raising questions about the gaming and messaging company’s growth plans
- Vietnam: Saigon Summit 2024 from Tech in Asia is set for May 30th
- Vietnam: 15 US firms, reportedly including chips firms, interested in investing up to $8BN in Vietnam with a focus on clean energy infrastructure, contingent on renewable energy regulation
- Vietnam’s VinFast electric vehicles maker to establish battery plant in India’s Tamil Nadu state, targeting production of up to 50,000 cars per year with initial expenditure of up to $200M
- Indonesia: Vietnam’s VinFast and Green & Smart Mobility Corporation, GSM, partner Indonesia’s GoTo Gojek Tokopedia for $2.1BN EVs collaboration
Google Whitepaper: ASEAN and Artificial Intelligence
Asian tech news: Other platforms
- Daily – LinkedIn / Twitter/X / Facebook
- Newsletters – weekly on LinkedIn / Substack
- Monthly collections – countries across AsiaPac / IndoPac
- Asia tech, quarterly – 3 months’ coverage per country
- Critical technologies – global news, monthly & quarterly
