Offshore investments bring profit to local ICT firms

Ngoc Huynh

VietNamNet Bridge – Vietnamese information and communication technology (ICT) firms have reported profit from their offshore operations which are more active than ever in the face of stronger competition at home. A source from FPT Group said this group’s revenue...

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High unemployment rate spurred by explosion of universities

Ngoc Huynh

VietNamNet Bridge – Dozeens of junior colleges (3-year training) have been upgraded into universities (4-5-year training), but the training quality has not matched the expansion. A Ministry of Education and Training (MOET) report showed that Vietnam had 433 universities and...

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Vietnam takes centre stage as IT market explodes

Ngoc Huynh

VietNamNet Bridge – Over the past ten years, Vietnam continued to jump in the ranking in the IT field. Especially, the nation has become a popular brand in software outsourcing for export. Vietnamese business has been listed among the global...

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Unemployment rate projected to rise in HCM City this year

Ngoc Huynh

At least 330,000 people need jobs this year in HCM City, but there will only be about 265,000 job vacancies, according to the deputy director of the city's Centre for Human Resources Forecasting and Labour Market Information. Candidates submit job...

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VN’s internet company valued at US$1 billion

Ngoc Huynh

VietNamNet Bridge – Total turnover of Vietnam’s internet economy’s is scheduled to soar to VND100 trillion by 2018 from the VND20.4 trillion in 2013. VNG appears to be the first Vietnamese internet company valued at one billion US dollars. A...

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Scopely Raises $35M For Its Mobile Gaming Platform

Diem Do

  Scopely, a Los Angeles startup that’s built a platform for distributing and monetizing mobile games, is announcing that it has raised $35 million in Series A funding.   Co-founder and CEO Walter Driver alternately described his goal as creating...

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