Prime Minister Pham Minh Chinh applauded Intel’s decision to expand its investment in Vietnam while receiving its CEO Patrick Gelsinger in Hanoi on May 27.
Vietnam has taxed global tech companies like Google, Facebook and Microsoft an average of over 1 trillion VND (43.71 million USD) annually for their cross-border goods and services between 2018 and 2021, Minister of Finance Ho Duc Phoc told legislators on March 16.
Although Vietnam is placing great emphasis on the technology sector, the growth of technology stocks on the stock market is still modest compared to their potential.
Vietnam has been witnessing robust digital transformation in areas where local tech companies like Viettel, FPT, and the Be Group, to name just a few, have secured a strong foothold in the domestic market.
Thailand’s Ministry of Digital Economy and Society announced on August 30 that it will establish a 24-hour fact-checking centre to handle fake online news.
Two founders of Vietnamese tech companies were listed in the Southeast Asia’s top 30 tech founders this year by technology and start-up platform techinasia.com.
The Asian cyber space conference and exhibition, Cybertech Asia 2018, opened in Singapore on March 27, bringing together IT experts, chief executive officers and delegates from over 80 top high-tech companies of developed nations such as Singapore, Israel, the UK, Germany and the US.