As a brief snapshot of Vietnam’s tech news in December 2023, coverage captured items including: NVIDIA’s moves to manufacture in Vietnam; Vietnam-Cambodia cross-border payments via bank QR apps; a cyber-attack in Vietnam that lost nearly $50M; and others.
Other editions: Asia’s tech news, daily (via LinkedIn, Facebook & Twitter/X); and Indo-Pacific technology newsletters, weekly.
Also available:
Critical technologies in December 2023
Coinbase Institutional: 2024 Crypto Market Outlook
- Vietnam: FEBE Ventures VC launches $75M 2nd fund for early-stage startups, 2.5 times larger than first fund and with 90% of corpus already committed
- Cambodia and Vietnam launched bilateral cross-border payments, enabling citizens of both countries to make payments in local currencies using VietQR and KHQR codes
“With this project, tourists from Cambodia will be able to make payments in Vietnam using the Riel currency through the VietQR QR code, while customers from Vietnam will be able to make payments in Cambodia using the Vietnamese Dong currency through the KHQR QR code.”
Vietnam, which is home to large chip assembling factories including Intel’s biggest globally, is trying to expand into chip designing and possibly chip-making as trade tensions between the United States and China create opportunities for Vietnam in the industry.
[NVIDIA] has already partnered with Vietnam’s leading tech companies to deploy AI in the cloud, automotive and healthcare industries, a document published by the White House in September showed when Washington upgraded diplomatic relations with Vietnam.
PwC Digital Payments Survey 2024: Southeast Asia landscape
Indo-Pacific Tech news: Daily
- Indo-Pacific technology: Daily on LinkedIn
- Asia’s tech news: Daily on Twitter
- Asia’s tech news: Daily on Facebook
Note: Our mobile app is offline due to the ongoing devolution of Twitter/X. We aim to have the app back online with a much-improved interface and broader functionality in late Q1 2024.
