HCM City (VNA) – Blockchain Global Day 2022will be held in Ho Chi Minh City on July 29, with the theme of “Into theInfinity Con-verse”, organisers said on July 7.
This is the first event in a series of the annual blockchainexhibitions intended to maximise conditions to facilitate the development ofthe industry in Vietnam.
It will be co-organised by the Saigon Innovation Hub(Sihub) under the Ho Chi Minh City Department of Science and Technology,Spac3Ship - a blockchain-focusedinvestment firm, and partners like Infinity Ventures Crypto and YGG SEA Vietnam.
Organisers said ample room remains for Vietnam’sblockchain, citing its application by major domestic businesses and banks likeFPT Software, Military Industry and Telecoms Group (Viettel), the Bank forInvestment and Development of Vietnam (BIDV), and the Joint Stock CommercialBank for Foreign Trade of Vietnam (Vietcombank), among others.
According to TechSci Research, a research basedmanagement consulting firm, Vietnam blockchain market is anticipated to grow ata double-digit compound annual growth rate (CAGR) for 2023-2027.
The growing digitalisation in all the prominentindustry verticals is fostering the demand for the Vietnam blockchain market inthe next five years, it said.
Huynh Kim Tuoc, Sihub Managing Director, said BlockchainGlobal Day 2022 will feature 100 booths introducing blockchain projects and twoseminars on the integration of blockchain into global technological trends likeWeb3, Metaverse and NFT.
The event is expected to bring together representativesfrom prestigious projects and experts in this field in Southeast Asia such as Binance,YGG SEA, Coin98, Vina Capital Ventures and Coinex./.
The investment capital flow is eyeing blockchain projects, offering significant opportunities for Vietnam where this technology was booming to have unicorns in the global blockchain market.
Vietnam is not only an exciting market for the application of Blockchain technology in the digital era, but also one of the leading countries in encouraging research and application of new technology in everyday life.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Illustrative image (Source: VNA) 
