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TECHNOLOGY

DECREE FOR FINTECH SANDBOX TO BE SUBMITTED IN Q4

According to the resolution, the Government assigned the State Bank of Việt Nam (SBV) to coordinate with ministries and agencies to form a decree that complies with the provisions of the Law on Promulgation of Legal Documents amended and supplemented in 2020 to submit to the Government in the fourth quarter of 2021.

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TECHNOLOGY

DIGITAL ECONOMY TO MAKE UP 20 PER CENT OF GDP IN VIETNAM BY 2025

“Officials want 80 per cent of the population to have online payment accounts by 2025, according to the government’s post. That’s also when they want half of e-commerce transactions - many of which are still conducted in cash - to go cashless,” Bloomberg commented on these ambitions.

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TECHNOLOGY

MINISTRY EXPECTS TO PROVIDE 5G COVERAGE NATIONWIDE IN 2022

The Ministry of Information and Communications’ new mission is to lead national digital transformation process in order to build a digital Viet Nam, including digital government, digital economy, digital society and digital media.

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TECHNOLOGY

TECH TITANS LINE UP TO SEIZE 5G ADVANTAGES

“The Hanoi facility is one of the new moves we are planning to take in Vietnam, where we expect to have more new orders for our services and products when 5G will be commercially launched,” Nam Thieu, country manager of Qualcomm in Vietnam, Laos, and Cambodia, told VIR.

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TECHNOLOGY

VIETNAM TELECOM GIANT VNPT FORGES INDUSTRY 4.0 PARTNERSHIP WITH ERICSSON

"By providing our 4G IoT capabilities as well as leveraging our recently launched ‘IoT Innovation Hub’ in Vietnam, we are looking to fuel and drive the IoT ecosystem in Vietnam and create momentum towards 5G," said Denis Brunetti, head of Ericsson Vietnam and Myanmar.

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TECHNOLOGY

INVESTORS EYE SOFTWARE PARK PROJECTS

[27-09-2016] Many investors are rushing to develop software park projects in Hanoi. Experts, warning about ‘software park inflation’, say that investors have ‘other purposes’ when eyeing such projects. The Hanoi People’s Committee said it has received a document from Becamex ITC which asked for permission to develop a key software and digital content park, capitalized at VND24 trillion.

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TECHNOLOGY

PM STRESSES IMPORTANCE OF IT REVOLUTION AS NEW DEVELOPMENT METHOD

[24-09-2016] PM Nguyen Xuan Phuc asked for drastic and effective actions in order to create a revolution in information technology (IT) application as a new development method for sharpening national competitiveness. The PM made the above statement on Saturday at the Viet Nam Information and Communication Technology (ICT) Summit 2016 themed “Digital revolution – Opportunities and challenges.”

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TECHNOLOGY

ITC OPENS INT€™L CONTAINER TERMINAL

[21-09-2016] International Transportation and Trading Joint Stock Company (ITC) on September 18 inaugurated SP-ITC International Container Terminal worth more than US$200 million in HCMC’s District 9. The terminal has a 1,000-meter-long pier that can handle two million twenty-foot-equivalent units (TEU) and receive container vessels of 35,000 DWT in the first phase.


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