by Teuvo Tuomi | Jun 15, 2024 | News, Culture, Lifestyle, Vietnam
The San Francisco Board of Supervisors has declared Vietnamese an official city language that requires the authorities’ provision of translation services. The decision is aimed at ensuring that residents can be served in the language they are most comfortable in. The...
by Teuvo Tuomi | Jun 12, 2024 | Business, China, Digitalization, Finland, Technology, Vietnam, Visions
Foxconn will produce 5G AirScale equipment for Nokia at the former’s factory in Vietnam’s northern province of Bac Giang, Vietnamese state media reports. Production is scheduled to begin in July, according to Dau Tu newspaper, which is run by the Ministry...
by Teuvo Tuomi | Jun 5, 2024 | News, Business, Innovation, Investment, Technology, Vietnam
According to statistics from the National Agency for Technology Entrepreneurship and Commercialisation Development, Vietnam has currently about 3,800 startups. 11 of these are valued at over US$100 million, and three start-ups are valued at over $1 billion, including...
by Teuvo Tuomi | Jun 3, 2024 | Digitalization, Economy, News, Vietnam
The Vietnamese government has introduced a degree regulating non-cash payments, effective from the beginning of July 2024. The new decree defines e-money as the value of Vietnamese Dong (VND) stored digitally, based on the amount of money prepaid by customers to...
by Teuvo Tuomi | Jun 2, 2024 | Economy, Business, Manufacturing, News, Vietnam
Vietnam’s industrial production index (IIP) grew by 3.9% over April and 8.9% compared to the same period last year, according to the General Statistics Office (GSO). The GSO said the IIP in the first five months soared 6.8% year-on-year. The manufacturing and...
by Teuvo Tuomi | May 29, 2024 | Economy, Business, Health, News, Vietnam
After record profits in 2023, Vietnam’s pharmaceutical industry is facing limitations in 2024 due to rising raw material costs and increased market competition. SSI Securities Corporation forecasts pharmaceutical profit growth of 8.4% in 2024, lower than the...
