Tech in Asia

VietnamBusiess.TV - Vietnam Business News, Videos and Market Research

Featured Articles

U.S. vs Huawei ... “Huawei is a pawn in the U.S. – China trade war”

The administration of U.S. President, Donald Trump continues to cause confusion as to why it is blacklisting Huawei, China’s largest telecom company.

Special Report - FinTech in the Philippines

"There is a need to democratize financial services in this country given that only 5% of the population have credit cards, leaving almost everybody to

Thailand and Myanmar will launch a Blockchain Transfer Service between their banks

The governors of two Southeast Asian banks have endorsed a remittance system developed by blockchain firm Everex, with representatives of Thailand’s s

WEF - Special Report - South Korea once recycled 2% of its food waste ~ Now it recycles 95%

Premium office occupancy costs in Hong Kong’s Central now 60 per cent more expensive than New York’s Midtown.

Singapore ranks #1 on overall AI readiness in Asia Pacific

Salesforce, the global cloud-based software company, recently launched the Asia Pacific AI Readiness Index, which evaluates the quality and strength o

U.S. – China Trade War effects Vietnam less than other ASEAN countries

The expanded trade war that the United States has initiated with China will affect ASEAN’s economic growth, but according to a report by MB Securities

WEF - Special Report - This new form of currency could transform the way we see money

Central banks around the world are experimenting with so-called Central Bank Digital Currency (CBDC). But what is it and why does it matter?

Japan’s Rakuten launches new Crypto Exchange

Rakuten, one of Japan’s leading e-commerce company’s and one of the largest digital marketplaces in the world announced that it has finalized the regi

On track for the next chapter

With their flair for innovation, growing tech scenes, rising levels of foreign investment and fast changing skylines, cities across Asia are renowned

Why Asia is home to the world’s most dynamic cities

With their flair for innovation, growing tech scenes, rising levels of foreign investment and fast changing skylines, cities across Asia are renowned

Could Singapore sign up to a car-lite future?

Singapore is already ahead of rival cities in promoting public transport, but it could free up more of its most precious resource – land – in a possib

Hong Kong’s Central tops list of world’s most expensive office markets

Premium office occupancy costs in Hong Kong’s Central now 60 per cent more expensive than New York’s Midtown.

HKTDC Special Report - Gauging the pulse of the marketing world

The tech-savvy and big-spending 20-somethings and teenagers of Mainland China were in the spotlight at the Hong Kong Trade Development Council’s (HKTD

Lion Air CEO criticizes Boeing and says they see me as their “piggy bank”

Rusdi Kirana, the co-founder of Indonesia's Lion Air, one of the two airlines that was involved in crashes while flying Boeing 737 MAX, has criticized

LG plans to make a “See-through” foldable smartphone

Leading South Korean technology-company, LG, is planning to develop a see-through foldable smartphone in the near future and take the design of smartp

Singapore launches Maritime Innovation Lab

Singapore’s Maritime and Port Authority (MPA) is launching its new Maritime Innovation Lab (MIL), which will on developing autonomous ships that can b

Myanmar plans to legalize casino gambling

The Myanmar government is planning to legalize casino gambling in May when the nation’s new 2018 Gambling Law is set to take effect. The legalization

Vietnam’s first IoT Innovation Hub opens in Hanoi

Vietnam’s Internet of Things (IoT) Innovation Hub was opened in the Hoa Lac Hi-tech Park in Hanoi on April 10th. The opening of the hub is expected t

FastGo Vietnam plans to start helicopter ride-sharing service

Vietnamese ride-hailing firm FastGo has announced that it plans to launch Vietnam’s first helicopter ride-sharing service in Hanoi this month and that

Standard & Poor’s raises Vietnam’s credit rating

Global credit-rating agency Standard and Poor’s (S&P) announced that it is upgrading Vietnam’s long-term sovereign credit rating to “BB” ... from its

36 Ways China is closing the “Innovation Gap” with the U.S.

The Information Technology & Innovation Foundation has just released a report that discusses China's ability to innovate and lists 36 areas where Chin

Thai Property Developer maximizes AI, Blockchain and IoT technologies

Sansiri Plc, one of Thailand’s leading real estate developers that is listed on the Stock Exchange of Thailand, has announced its plans to adapt artif

The Smurfs will invade Shanghai this year

Asia’s first Smurfs-themed park will open in Shanghai in the fourth quarter of this year and bring one of the worlds most recognized characters to Chi

WIPO: China Leads in number of Blockchain Patents

The World Intellectual Property Organization (WIPO) recently reported that there were at least 1,060 patents for blockchain that were approved in 2018

Quang Ninh is the most competitive province in Vietnam

The Vietnam Chamber of Commerce and Industry (VCCI) released their latest competitive index for provinces report (PCI 2018) and Quang Ninh province ha

Keppel Land plans to build a luxury hotel in Saigon Centre

Vietnam’s first professional go-kart race will take place in May and will be open to both amateurs and professionals. The faces will be under the umbr

Vietnam’s first professional “Go-kart” races will be held in May

Vietnam’s first professional go-kart race will take place in May and will be open to both amateurs and professionals. The faces will be under the umb

Bamboo Airways will start flights to Japan in April

Bamboo Airways announced that it plans to begin flights to Japan, with an inaugural flight to Ibaraki scheduled for April 29. Ibaraki Prefecture is l

Sony moves smartphone production from China to Thailand

Sony, one of Japan’s leading electronic companies announced that it plans to close its Beijing smartphone plant and will move production of its smartp

Laos will introduce E-visas for travelers

Seeking to compete with neighboring countries in the Mekong region, such as Cambodia, Myanmar, Thailand and Vietnam, the Laos Ministry of Foreign affa

Carlos Ghosn rearrested and will be forced to stay in jail again

In a move that increasingly calls into question the motives of Japanese prosecutors, Carlos Ghosn, the ex-Chairman of Nissan motors, who has already b

Qupital raises $15 million USD in new investment

Qupital, Hong Kong's largest online, small and medium enterprise (SME) trade financing platform, announced that they have successfully raised $15 mill

HKTDC Special Report - Fast-tracking fintech innovation - Banks in the fast lane

Analysts agree that the banking sector will soon look very different as new technologies overturn centuries of practice. As agile digital solutions re

Skytrax: Asia’s airports are the best in the world

For the seventh year in a row, Singapore’s Changi International Airport has been named the best airport in the world by Skytrax, the United Kingdom co

Facebook left 600 million user names and passwords unencrypted

Facebook made a major media announcement on March 21st (Thursday) and said that an internal security review had found that the passwords of hundreds o

Indonesia moves forward with digital transformation in 2019

Indonesia has embarked on a journey to become Southeast Asia’s digital hub next year, as the government announced recently its plan to overhaul the co

EIU study: Asian firms are better prepared than European’s to comply with data-privacy regulations

The Economist Intelligence Unit (EIU) has just released a new report, “ The transparent business barometer: Preparing for the end of easy data” which

South Korean actor Bae Yong-joon invests in Blockchain seafood trade startup

Popular South Korean actor and businessman Bae Yong-joon has invested in blockchain-based seafood trade startup Seamon. Lee Jung-hoon, Chairman of Se

Myanmar’s newest TV channel will feature aesthetic and educational program

Myanmar's newest private TV channel, Fortune TV, a Free to Air Channel has officially launched its operations. Fortune TV is owned by Fortune Broadca

University of Hong Kong and Tencent partner on fintech development

Tencent Financial Academy, a subsidiary of Chinese Internet giant Tencent, has signed a memorandum of cooperation with the University of Hong Kong to

Yo-Ren receives $11 million in new investment and plans for Malaysia & Thailand expansion

Yo-Ren, a Hong Kong retail technology company, announced that it has secured $11 million USD in a new funding round and that it plans to use these fun

The Pros and Cons of Hosting a Website in China

Foreign websites that are looking to target Chinese audience are often presented with the dilemma regarding physical location of their server. There i

HSBC bullish on Asia and plans for invest in Blockchain for Trade Finance

“The prospects for Asia remain bright. Companies are telling us that they’re confident, especially companies in Southeast Asia and the confidence leve

Vietnam to establish National Innovation Centre

The Vietnamese government has officially launch a project that will result in the establishment of a National Innovation Centre (NIC) in Hanoi, that w

Da Nang is Southeast Asia's top beach destination

The Vietnamese central coast city of Da Nang has beaten Phuket and Bali to the throne of most popular beach destination in Southeast Asia in 2018. Ac

Samsung Galaxy S10 facial recognition system can be tricked with photos and web videos

Biometric security website, biometricupdate.com, has reported that the facial recognition capabilities of Android smartphones are being criticized as

AirAsia partners with 500 Startups to launch new venture capital fund

AirAsia, one of Southeast Asia’s leading airlines announced that its digital venture arm, RedBeat Ventures, has establishing a global venture capital

Japanese finance giant Nomura invests in “Smart Contract Auditing Startup”

Japan financial group Nomura has invested in Y Combinator-backed smart contract auditing startup Quantstamp, which as part of a “significant” investme

Hong Kong’s Dah Sing Bank uses biometric authentication solutions

Hong Kong’s Dah Sing Bank (DSB) has announced the phase two deployments of the biometric authentication solutions that have been developed for its mob

Tesla receives $500 million in loans from Chinese banks for its new Gigafactory in Shanghai

Tesla announced that it has signed several agreements with Chinese banks for loan of up to $520 million USD to build its first overseas Gigafactory in

Chen Man becomes the latest “Fan” of the Mandarin Oriental Hotel Group

Chen Man, visual artist, photographer and designer, is the newest celebrity fan to join Mandarin Oriental's 20 year global advertising campaign "He's

VinFast rolls out its first made-in-Vietnam car

Vinfast, Vietnam’s first full-fledged carmaker launched its first “Made In Vietnam” automobile on March 7th and will start trial runs of the new autom

China-Myanmar Economic Corridor gives priority to nine sectors

Myanmar is prioritizing nine sectors covering infrastructure projects under the China-Myanmar Economic Corridor. These nine sectors, part of the Myanm

Huawei files suit against U.S. government over ban on its products

Chinese tech giant Huawei has filed a lawsuit against the U.S. government over a law that prohibits federal agencies from using its equipment. It has

HKTDC – Special Report – Start-ups on High Road to China

The massive business potential China presents was the standout theme at the Panel Discussion on Start-ups & Entrepreneurship during the Asian Financia

Arthur D. Little Report - South Korea is the leader in 5G Commercialization

With 5G network rollouts accelerating, global management consulting firm Arthur D. Little (ADL) has released its 5G Country Leadership Index. Benchmar

Ride-hailing firm Grab secures $1.5 billion in new funding for Indonesia expansion

Southeast Asian ride-hailing firm Grab said on Wednesday that it has secured $1.5 billion in fresh financing from a fund managed by Japan’s SoftBank a

Carlos Ghosn recovering from coercive detention while lawyers work on his defense

Former Nissan chief Carlos Ghosn spent his first day out of a Tokyo detention center, beginning an emotional, psychological and physical recovery from

Vietnamese startup raises $7 million in investment from Silicon Valley

Elsa Speak, an English learning application, has successfully raised US$7 million in funding from Google and Silicon Valley in the US. The successful

Line TV aims to be TV for all Thais

Line TV (Thailand) has outlined a three-year vision to become an online TV platform that will reach all Thai TV viewers nationwide by 2021, along with

How Much Money Do Chinese Influencers Earn vs. International Influencers?

Vietnam’s Vingroup officially launched “The VinTech Korea Research Center” in the City of Daegu, South Korea to research the applications of artificia

Vingroup opens South Korea research center

Vietnam’s Vingroup officially launched “The VinTech Korea Research Center” in the City of Daegu, South Korea to research the applications of artificia

Myanmar’s Opium business is squeezed by market shift towards meth

Myanmar’s government has just released a report that states that the country’s opium business has shrunk by more than 3000 hectares (ha) over the last

Rakuten completes first tests for its new “Virtualized cloud-native mobile network”

Japanese e-commerce and Internet giant Rakuten has reported the success of the first real world test of its new mobile network telecommunications syst

Tmall Targets 1,000 Shops with Leading Cosmetics Brands in 2019

Alibaba's Tmall said at its recently held beauty summit that it is expecting international and domestic cosmetics brands to open 1,000 shops on its pl

Full STEAM Ahead! - Educational toys as an early introduction to coding

China has been actively promoting STEAM education [1] in recent years. Many companies have been quick to spot the business opportunities and lost no t

Vietnammm food delivery service acquired by South Korea’s Woowa Brothers

Vietnammm food delivery service acquired by South Korea’s Woowa Brothers.

Trump–Kim summit is a “Win-Win-Win” for Vietnam

No matter what the outcome will be for the meetings between U.S. President Donald J. Trump and North Korean leader, Kim Jong Un in Hanoi this week, on

JD.com’s drones take flight to Japan with Rakuten partnership

Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership

China-US Trade Wars - Latest Trade Talks Gives Hope for Agreement

Ongoing trade talks between senior Chinese and US officials give reason continue at the same time the U.S. President Donald J. Trump is meeting with N

The best cities in Asia Pacific for millennials to live and work in

Asia Pacific is the world's millennial hub, home to a staggering 58% of the world's 20 ~ 38-year-old population. The region has evolved rapidly over r

Vietnam extends e-visas to 35 additional countries

Vietnam has added 35 more countries, including emerging tourism markets in Europe, to the list of those whose nationals can visit with e-visas. New co

Singaporean firms selected to design Da Nang City master plan

Da Nang authorities have selected two Singaporean-based firms, Sakae Corporate Advisory Services and Surbana Jurong to assist city authorities in deve

Thailand leads the world in internet banking service access

According to the recently released ‘Global Digital Report 2019’,Thailand is the world’s leader in mobile banking users. The report places Thailand at

South Korean music app Somesing enters partnership with ContentBox

South Korean social music network app SOMESING, announced on Feb. 15 that it has signed a strategic partnership MOU with ContentBox, the largest distr

Singapore releases Asia’s first Artificial Intelligence (AI) Governance Framework

Singapore has released Asia’ first Model Artificial Intelligence (AI) Governance Framework at the recent World Economic Forum (WEF) Annual Meeting, he

Myanmar will launch nationwide QR code payment system this year

The Central Bank Myanmar (CBM) is set to implement a standardized national payment system by this year, according to U Bo Bo Nge, the Vice Governor of

Malaysia’s internet speed jumps up 10 spots in Speedtest’s Global Index

Since Pakatan Harapan took seat as the new government of Malaysia, the new Communication and Multimedia Minister, Gobind Singh Deo, urged all Internet

Fujitsu launches Healthcare Platform to manage health and medical information

Fujitsu, Japan’s leading multinational information technology equipment and services company recently launched the Fujitsu Healthcare Solution Healthc

Vietnam makes it easier to start an airline

Vietnam’s airline industry is looking to compete, expand and grow and it received great news this week when Vietnam’s Ministry of Transport (MoT) prop

Vietnam is the second most popular destination for South Korean property investors

Vietnam is the second most popular destination among South Koreans for overseas property investment with $56.1 million USD invested in 2018, according

CBRE: Thailand’s Real Estate Outlook For 2019 is Uncertain

Global real estate management company, CBRE, believes that 2019 will bring significant changes in the Bangkok property market, including slower growth

Google Stations rolled out in Philippines

Technology giant Google, has partnered with the Philippines leading telecom company, PLDT Inc. and its wireless subsidiary Smart Communications, Inc.

Chinese companies benefit from South Korea's push for renewable energy

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced on Feb. 14 that it supplied 2,989 MW of renewable energy facilities last year.

Singapore fashion site Zilingo raises $226 million for expansion

ZILINGO PTE, a Singapore-based online fashion marketplace, raised $226 million to fund an expansion into the Philippines, Indonesia and Australia. In

Grab to launch bus services in Myanmar

Southeast Asia’s ride-hailing giant, Grab, will expand its offerings in Myanmar by launching bus services in Yangon, as part of its 2019 plan to impro

Japanese banks unite in cashless-payments service

More than 50 Japanese regional banks in Japan will introduce the new “J-Coin” cashless payment system developed by Mizuho Financial Group Inc. startin

Thailand’s Six Sense’s group bought for $300 million USD by InterContinental Hotels

InterContinental Hotels Group (IHG) has agreed to buy the brands and operating companies of Six Senses Hotels Resorts Spas for $300 million in cash, t

Vietnamese fashion chain Elise acquired by Japan’s Advantage Partners

Japanese buyout firm Advantage Partners, through its Asia Fund, has acquired Elise Fashion, one of Vietnam’s major women’s fashion brands. The transac

Cryptocurrency traders protest Indonesia’s new futures rules

Indonesian cryptocurrency traders are complaining that the government’s new rules on futures trading, which require high minimum capital for traders,

China regulators pause video game applications to clear 9-month backlog

China’s top content regulator, the General Administration of Press and Publications (GAPP), has asked local authorities to stop submitting requests to

Understanding the potential of the China-Mongolia-Russia Economic Corridor

In a effort to determine the potential of the China-Mongolia-Russia Economic Corridor, a key component of the Belt and Road Initiative (BRI), the Hong

Bangkok is Southeast Asia’s 2nd most expensive city to live in

According to a new ranking by cost of living comparison platform Numbeo.com, Bangkok has become the second most expensive city to live in within ASEAN

Singapore’s UOB bank encourages millennials to save money through gaming

Singapore's United Overseas Bank (UOB) is attempting to revolutionize the banking industry as it introduces a new mobile app – TMRW – for millennials

Ride-hailing giant Grab says users can soon stream videos on its app

Southeast Asian ride-hailing giant Grab has announced that Grab app users would soon be able to stream movies and TV shows on its app as a result of a

Marriott Hotels embraces 'Water from air' to turn back Thailand's tide of plastic

Phuket, Thailand (Thomson Reuters Foundation) - Staying at a hotel on the Thai island of Koh Samui in 2015, Meghan Kerrigan noticed the four bottles o

Philippine Residents paid in crypto-currency for cleaning up polluted beaches

Residents of Manila in the Philippines who participate in cleaning up the country’s heavily polluted beaches will receive payment in crypto-currency,

Myanmar Opens Up For Foreign Insurance Companies

Myanmar’s financial regulator will begin granting licenses to foreign-owned insurance companies, allowing them to operate in the market by April of th

Indonesia’s Batam Island wants $60 Billion USD in investment to compete against Singapore

Indonesia wants to re-position Batam Island, just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compet

South Korean replaces China as Vietnam’s #1 tourist market

South Korean tourists visiting Vietnam have surpassed Chinese tourists for the first time to become the biggest market for Vietnamese in-bound tourism