Vietnam

VinSpace, a member of Vietnam's conglomerate Vingroup ecosystem, has signed a launch contract with the United States-based SpaceX to carry its satellites aboard a Transporter rideshare mission in 2027.

Vietnam recorded over $1 billion in M&A deals in June alone, yet technology barely featured, with three deals worth a combined $0.6 million—less than 1 percent of the total. The stark disparity highlighted how much room Vietnam’s tech sector still has to grow, despite the country’s strong push towards a digital future.

The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.

National Payment Corporation (NAPAS), a payment platform in Vietnam, has connected its VietQRGlobal payment infrastructure with China's Weixin Pay, enabling Chinese visitors to scan QR codes and make payments in Vietnam.

Vietnam's Ministry of Science and Technology and NUS Enterprise, under National University of Singapore (NUS), will collaborate in artificial intelligence (AI), semiconductors, technology transfer, startup development, and technology workforce training.

Vietnam's technology giant FPT has become an OpenAI Select Partner within the OpenAI Partner Network, with a focus on integrating OpenAI's frontier AI capabilities into FPT's cybersecurity platforms and enterprise workflows.

Taiwan's Foxconn has injected an additional $62 million into its subsidiary in Quang Ninh province, northern Vietnam and added a new business activity of manufacturing electric vehicle (EV) charging stations.

Vietnam's tech giant VNG Group reported adjusted operating profit of VND467 billion ($17.8 million) for the second quarter of 2026, up 86 percent year-on-year, with post-tax profit of VND467billion compared with VND 15 billion a year earlier

Following a multi-year funding winter, Vietnam’s tech ecosystem is undergoing a flight to quality, driven by high talent density, disciplined unit economics, and a "Vietnam+" playbook where startups leverage local engineering talent to build for global markets. According to Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV), early-stage…

The United States-based EXCEL Services Corporation has established EXCEL Services Vietnam, a new subsidiary supporting Vietnam's nuclear power development.