The July 2023 snapshot of Viet Nam’s tech news headlines touches on government concerns over Pi Network and Pi Coin mining, Taiwan’s Foxconn’s inroads to manufacturing in Viet Nam, Google’s startup focus on Viet Nam, and more.
Hit the headlines below to read each tech news article in full.
- 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.'”
- Vietnam: Google For Startups, Southeast Asia, sets next cohort for Vietnamese tech startups only, with applications closing August 25th
“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.”
- Vietnam: Gimo raises $12M Series A with earned-wage access and financial wellbeing solutions for underbanked workers
All-day tech news updates from across South & Southeast Asia and the broad Indo-Pacific region: