Citing information that the productivity of a Singaporean worker is 14 times higher than one Vietnamese, Hoang Nam Tien, president of FPT Software, explained why Vietnam is still poor.

Vietnamese technology firms have gained great achievements in AI among the presence of technology giants, especially in the last 1-2 years.

VietNamNet Bridge - Distributors in Vietnam have slashed selling prices for iPhoneX 2018 models earlier than usual.

VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has allowed the use of mobile subscription accounts to pay small bills of goods and services on a trial basis.

VietNamNet Bridge - Vietnamobile has petitioned the Prime Minister to create a fair policy on frequency brand allocation.

VietNamNet Bridge - Unable to earn money from online games, digital content firms have shifted to new services such as online education, TV and AI-based products.

VietNamNet Bridge - The cost for applying high technologies is becoming more affordable, which gives more opportunities to businesses to speed up digitalization of their production and business.

VietNamNet Bridge - Despite advice against the early deployment of 5G, the government of Vietnam and the Ministry of Information and Communication (MIC) have taken the first steps toward 5G.

VietNamNet Bridge - The digital content industry could exceed the textile & garments and oil sectors in economic value in the future, experts say.

D. Tuan in Hanoi went to a post office recently to have his subscription switched from MobiFone to Viettel. After paying the fee of VND50,000, Tuan was told that he would be able to use the simcard provided by Viettel. 

The Ministry of Information and Communications (MIC) is considering preventing cash flowing into hatred advertising on Facebook and collecting taxes to deal with the social network’s violations of laws in Vietnam.

At least one Vietnamese technology firm is making preparation for the deployment of 5G after the Ministry of Information and Communication (MIC) said a license for testing 5G would be granted in 2019.

VietNamNet Bridge - Facebook remains the social network dominant in Vietnam with 60 million users a month. 

VietNamNet Bridge - Vietnamese policymakers want Vietnam to be one of the first countries to deploy 5G by 2020.

VietNamNet Bridge - More data capacity and at-home MNP services are two benefits that large mobile network operators are offering subscribers.

VietNamNet Bridge - Vietnam needs a digital ecosystem with focus on made-in-Vietnam social media instead of foreign owned players such as Facebook and Google.

Vietnam’s software firms are developing steadily with stable revenue growth rate of 50 percent per annum. 

Not having a server to store films, pirated websites illegally exploit resources of Google and Facebook. With this method, the websites earn billions of dong though they have no capital.

VietNamNet Bridge - OTT TV service providers are competing with each other as well as amateur and unlicensed players.

VietNamNet Bridge - Though 4G is still in early development, experts say Vietnam should think of preparing for 5G soon.