With its vast potential of e-commerce development thanks to surging IT and wide smartphone coverage, Vietnam is trying to build its own digital economy fuelled by a hallmark strategy on Industry 4.0 that is expected to help the country improve its competitiveness, attract more high-quality investment, and ensure sustainable growth.
Representatives of the blockchain industry in Vietnam have asked for a ‘sandbox’ for the technology while meeting with Government agencies at a conference in Hanoi on September 18.
Blockchain technology can be used in many different fields of modern economics, especially banking activities, banking expert Can Van Luc has said.
Viet Tech Day 2019, the largest Vietnamese tech symposium in Japan, took place in Tokyo on July 27, attracting nearly 400 young tech lovers.
Experts believe that cryptocurrency is a growing international trend which Vietnam cannot resist.
In addition to outsourcing, fintech, blockchain or AI are now among notable trends of Vietnam’s IT industry.
As blockchain disrupts the banking and finance industry, experts urged caution was needed in its application together with a proper legal framework to limit risks and ensure development is on the right track.
Despite being seen as a potential blockchain development nation, Vietnam lacks a proper legal framework which may prevent the country maximise benefits from the emerging industry.
VOV.VN - The LIAN automatic insurance application utilizing Artificial Intelligence (AI) and Blockchain technologies made its debut in Vietnam at a press conference in HCM City on October 30.
Crypto Expo Asia 2018 will take place at SUNTEC in the Windsor Plaza Hotel in Ho Chi Minh City on November 24.
Businesses’ budgets for online advertising are exceeding the budget allocated for television commercials as online ads, empowered with AI and Blockchain, have advantages.
Leadership plays a key role in ensuring the successful operation of a business during digital transition, speakers said at the “Industry 3.0 to Industry 4.0” forum held in Ho Chi Minh City on October 3.
The Vietnam Frontier Summit 2018, a one-day conference, will take place in Hanoi on October 6 with the theme ‘Fostering innovation with frontier technologies’.
RMIT University and the Netherlands Organization for Applied Scientific Research (TNO) have signed a memorandum of understanding (MOU) to strengthen cyber expertise in a number of areas, in particular the Internet of Things (IoT), blockchain, and dark web.
VOV.VN - A Japan Information and Communications Technology (ICT) Day 2018 themed “Vietnam – Japan IT Cooperation in the 4th Industrial Revolution” will take place in Hanoi and Da Nang from August 28-31 as part of activities to mark the 45th anniversary of Vietnam-Japan diplomatic ties.
VOV.VN - Despite being a world leading exporter of farm produce, Vietnam has exported 90% of its agricultural products in the form of cheap and low quality raw materials.
Among key technologies of the fourth industrial revolution, blockchain is one of the breakthrough examples which is predicted to lead the revolution in the coming decades.
Blockchain, a new technology to help explore the various forms of crypto-currencies, could open up new attractive environment for all businesses and investors, said Nguyen Duc Cuong, head of consultancy division at Vietstock – a local financial-business media.