Cake digital bank launches fully cloud-based card management system

Cake digital bank launches fully cloud-based card management system

Cake by VPBank (Cake), Vietnam's largest digital bank by user base, revenue and product variety, on Wednesday announced the launch of its first fully cloud-based Card Management System (CMS) in collaboration with Visa.

Banking - Thu, November 14, 2024 | 3:07 pm

Google forecasts Indonesia to become Southeast Asia’s largest digital economy

Google forecasts Indonesia to become Southeast Asia’s largest digital economy

A new report by Google, Temasek, and Bain & Company projects that Indonesia's digital economy will reach a gross merchandise value (GMV) of $90 billion in 2024, an annual increase of 13% and the largest figure in Southeast Asia.

Southeast Asia - Thu, November 14, 2024 | 10:06 pm

AI tool to help Vietnam curb tax evasion by e-commerce platforms: Deputy PM

AI tool to help Vietnam curb tax evasion by e-commerce platforms: Deputy PM

An artificial intelligence (AI)-based tool will be used to check revenues and trades on e-commerce platforms operating in Vietnam as part of a broader attempt to prevent tax losses, says Deputy Prime Minister Ho Duc Phoc.

Economy - Wed, November 6, 2024 | 2:12 pm

Vietnam to issue support decree this year for luring foreign hi-tech investments

Vietnam to issue support decree this year for luring foreign hi-tech investments

Vietnam will issue a decree this year to establish an investment support fund towards boosting foreign capital inflows into the artificial intelligence (AI) and semiconductor industries, says Minister of Planning and Investment Nguyen Chi Dung.

Industries - Thu, October 3, 2024 | 4:44 pm

Google to invest $1 bln in developing data center in Thailand

Google to invest $1 bln in developing data center in Thailand

Alphabet Inc's Google announced on Monday that it will invest $1 billion in Thailand to build a data center and cloud region to meet growing cloud demand and support artificial intelligence (AI) adoption in Southeast Asia.

Southeast Asia - Tue, October 1, 2024 | 7:23 pm

Vietnam faces serious shortage of cybersecurity, AI laborers

Vietnam faces serious shortage of cybersecurity, AI laborers

Vietnam's tech market is experiencing a hiring spree, accompanied by a steady rise in industry salaries, according to a report on Vietnam’s 2024-2025 IT market by tech recruitment platform TopDev.

Economy - Sat, September 21, 2024 | 8:13 am

Foreign internet-based service providers pay Vietnam $253 mln in taxes in 8 months

Foreign internet-based service providers pay Vietnam $253 mln in taxes in 8 months

Vietnam collected nearly VND6.2 trillion ($252.6 million) from foreign internet-based service providers via a local tax payment portal in the first eight months of 2024, up 24% year-on-year.

Finance - Mon, September 16, 2024 | 12:32 pm

Vietnam among eight ‘strategic’ countries to join US semiconductor workforce development initiative

Vietnam among eight ‘strategic’ countries to join US semiconductor workforce development initiative

Vietnam and seven other “strategic countries” have been selected to join a U.S. initiative designed to enhance semiconductor capabilities and supply chain resilience worldwide.

Economy - Wed, September 11, 2024 | 3:49 pm

Fulbright University Vietnam receives $1.5 mln from Google to boost AI education

Fulbright University Vietnam receives $1.5 mln from Google to boost AI education

Fulbright University Vietnam has received a $1.5 million grant from Google to advance artificial intelligence (AI) research and education in the Southeast Asian country.

Economy - Mon, August 19, 2024 | 7:47 pm

Vietnam collects $161 mln in taxes from foreign suppliers of Internet-based services

Vietnam collects $161 mln in taxes from foreign suppliers of Internet-based services

Vietnam collected nearly VND4.04 trillion ($161 million) from foreign suppliers of Internet-based services via a local tax payment portal in the year to July 15.

Finance - Tue, August 6, 2024 | 12:37 pm

Google launches program for news publishers in Malaysia

Google launches program for news publishers in Malaysia

Tech giant Google has launched the Google News Initiative's Advertising Revenue Lab Malaysia, supported by the Ministry of Communications (MoC).

Southeast Asia - Sat, July 20, 2024 | 10:15 am

Vietnam's digital economy to reach $200 bln by 2030, circa half of current GDP: Google

Vietnam's digital economy to reach $200 bln by 2030, circa half of current GDP: Google

Vietnam’s digital economy will grow by an "astonishing" 11 times in nearly a decade, reaching $220 billion by 2030, around half of its current GDP, and artificial intelligence (AI) is expected to be a key driver of this growth, said Marc Woo, managing director, Vietnam, Google Asia Pacific.

Economy - Fri, July 12, 2024 | 9:46 am

Google, Gulf cooperate to run cloud operations in Thailand

Google, Gulf cooperate to run cloud operations in Thailand

Google Asia Pacific Ltd (Google) and Gulf Energy Development Plc (Gulf) have teamed up to run cloud operations in Thailand, thereby opening doors to future cooperation in cybersecurity and artificial intelligence (AI).

Southeast Asia - Thu, June 27, 2024 | 4:47 pm

Marvell, Google should invest more in Vietnam: minister

Marvell, Google should invest more in Vietnam: minister

Minister of Planning and Investment Nguyen Chi Dung has called on Marvell Technology and Google to invest more in Vietnam, especially in semiconductors and artificial intelligence (AI), as part of his working trip to the United States from June 22-26.

Industries - Tue, June 25, 2024 | 11:06 am