Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.
On July 13, city authorities said enterprises that could provide accommodation and food for employees on their premises or transport workers between production facilities and accommodation at other places like dormitories and hotels could operate normally and all others would have to close down from July 15.
Vietnam plans to tax 1.5 percent of annual e-commerce revenues of VND100 million ($4,297) and higher as part of leveling…
2021 is considered a breakthrough for Vietnamese startups; however, the resurgence of COVID-19 is hindering its growth. Vietnam recently imposed prolonged lockdown measures at its commercial hub Ho Chi Minh City to battle its latest COVID-19 wave, as the infection rates spiked with the government warning that the worst may be yet to come.
Vietnam’s health ministry said in a statement that production at Pou Chen’s Pouyuen Vietnam factory, which makes footwear for companies such as Nike and Adidas would be suspended for 10 days.
Many hotels put up for sale across the country as owners suffer big losses caused by the shortage of customers due to the latest wave of Covid-19.
Here’s how Renova Cloud, a Vietnam-Israeli based tech firm deepens AWS offering with enhanced status
Renova Cloud has achieved Amazon RDS and AWS Public Partner status in recognition of enhanced capabilities through Amazon Web Services (AWS). The designation acknowledges deep expertise in “migrating enterprise workloads to AWS inclusive of the databases”.
VinFast, the first Vietnamese car brand on Monday officially kick-starts its branches in the US, Canada, France, Germany and the Netherlands in preparation for its launch in those markets, moving closer towards the goal of becoming a global smart electric car company.
After over 30 years of Doi Moi (reform), Vietnam has had large private groups operating in many industries with international stature. There are also Vietnamese USD billionaires, but only a handful.
Vietnam, Singapore and Thailand are the most attractive Southeast Asian destinations for companies to expand production and business, according to the Standard Chartered Bank’s survey.