vietnamese investment app infina closes 2 million seed round

Vietnamese investment app Infina closes $2 million seed round

Vietnamese investment app Infina announces it has closed an oversubscribed $2 million seed round with the participation of Saison Capital, Venturra Discovery, 1982 Ventures, 500 Startups, Nextrans, executives at Google and Netflix, and other angel investors.
e commerce expansion complicates tax obligations

E-commerce expansion complicates tax obligations

As one of the fastest-growing internet economies, Vietnam boasts great potential for e-commerce thanks to the country’s increasing young and tech-affine population. E-commerce has driven significant growth in Vietnam at 46 per cent, alongside strong growth across most sectors except for travel, according to a report from Google, Temasek and Bain & Company.
shophouse metro start is on right track to finish with metro line 1

Shophouse Metro Start is on right track to finish with Metro Line 1

“Bottom fishing” has been one of the trendiest search phrases on Google during the social distancing period in Ho Chi Minh City as buyers are seeking the biggest bang for their buck in the real estate market. This has turned attention to property prices at projects along Metro Line 1 have broken an all-time high, most notably shophouses at Metro Star.
fortinet announces secure sd wan integration to benefit google cloud ncc users

Fortinet announces Secure SD-WAN integration to benefit Google Cloud NCC users

Fortinet, a global leader in broad, integrated, and automated cybersecurity solutions, has just announced an integration of the company’s industry-leading Fortinet Secure SD-WAN to the Google Cloud Network Connectivity Centre (NCC).
italy fines google 100 mn euros 120 mn for abuse of market position

Italy fines Google 100 mn euros ($120 mn) for abuse of market position

Italy's anti-trust authority said Thursday it had fined Google more than 100 million euros ($120mn) for shutting out a rival's smartphone app offering recharging of electric vehicles.
one mount and google cloud to build vietnams largest technology ecosystem

One Mount and Google Cloud to build Vietnam's largest technology ecosystem

One Mount Group, a member of Vingroup and strategic partner of Techcombank, has partnered with Google Cloud as its preferred enterprise cloud service provider to help advance its mission to create Vietnam's largest ecosystem connecting people and businesses at the intersection of technology and humanity.
content debate piques local interest

Content debate piques local interest

Following the ongoing showdown between Australian lawmakers and Google and Facebook, Vietnam aims to devise similar plans and force global tech titans to share some of the profits they make for using and sharing local press articles.
digitalisation to power regional recuperation

Digitalisation to power regional recuperation

Despite the extremely challenging environment in 2020, the momentum of Southeast Asia’s digital economy has clearly not been derailed. Google, along with Temasek and Bain, recently reported that Southeast Asians spent, on average, an hour more a day on the internet during pandemic-imposed lockdowns, accessing essential goods, healthcare, education, and entertainment. The region also added 40 million new internet users in 2020.
vietnams wonders promoted on google arts culture

Vietnam’s wonders promoted on Google Arts & Culture

Google Arts & Culture on January 21 announced the Wonders of Vietnam project on online platform to honour the country’s natural landscapes, tangible and intangible heritages recognised by the UNESCO.
end of the game nigh for online tax dodgers

End of the game nigh for online tax dodgers

The age of unfettered freedom for online business and vendors is coming to a close as Vietnamese authorities are building policies to better trace these activities and collect the state’s due.
cross border taxation to bolster national budget

Cross-border taxation to bolster national budget

Collecting tax from cross-border platforms as well as people profiting from them is the government’s leading mission in 2021, helping to supplement a sizeable income to the national budget.
google facebook coordinated antitrust response report

Google, Facebook, coordinated antitrust response: report

Google and Facebook worked together to help fend off an antitrust investigation into the two tech giants which dominate digital advertising, according to a media report citing a draft of a state lawsuit.
google hit with third antitrust lawsuit by new state coalition

Google hit with third antitrust lawsuit, by new state coalition

Dozens of US states on Thursday hit Google with its third antitrust suit in as many months, accusing the internet giant of abusing its internet search dominance to eliminate competition.
law on cybersecurity finds little purchase on overseas tech titans

Law on Cybersecurity finds little purchase on overseas tech titans

Despite urging by the Law on Cybersecurity, few international companies handling the data of local customers have set up data centres in Vietnam, citing various factors holding them back.
vietnam stands to benefit from new oecd tax rules

Vietnam stands to benefit from new OECD tax rules

On October 12, the Organisation for Economic Co-operation and Development (OECD) in cooperation with the G20 released their much-awaited blueprint for taxing the digital economy. This blueprint proposes changes to existing international tax rules to allow countries like Vietnam to tax the business profits of multinational enterprises who do not have a physical presence in Vietnam.