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Vietnam's Digital Economy: ASEAN's Leading Growth | 2025 Predictions
03/06/2022

Vietnam leads ASEAN in growth of digital economy

With positive outcomes and predictions, Vietnam’s digital economy is set for a bright future.According to the “e-Conomy SEA 2021” report published by Google, Bain & Company from the US, and Temasek from Singapore, Vietnam’s internet economy was worth $21 billion in 2021 and contributed more than 5 percent of GDP, or seven times higher than in 2015, and is expected to reach $57 billion in 2025, ranking it second in Southeast Asia. Growth in 2021 was 31 percent, the highest in ASEAN, and will average 29 percent annually to 2025.According to the President of the Vietnam Software and Information Technology Services Association (VINASA) Nguyen Van Khoa, the goal of the Vietnamese Government is that by 2025 the digital economy will account for 20 percent of GDP and the proportion of the digital economy in each industry or field will reach at least 10 percent, and by 2030, the digital economy will account for 30 percent of GDP and the proportion of the digital economy in each industry or field will reach at least 20 percent, all of which are quite challenging, especially for traditional industries.The digital economy is making important contributions to the global economy and the economies of many individual countries. Many countries see opportunities to develop the digital economy and have issued their own development strategies, according to Mr. Khoa.Information technology enterprises continue to promote investment and research into technologies applied in digital transformation, such as AI, machine learning, and the metaverse, etc. Only investment in intellectual property will produce new Vietnamese technology for local businesses, instead of accessing foreign technology.Source: VnEconomy
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Development Opportunities for Vietnam’s Blockchain Market
27/05/2022

Development Opportunities for Vietnam’s Blockchain Market

The global blockchain market, including the NFT (Non-Fungible Token) sector, is experiencing unprecedented growth. Vietnam has emerged as a notable player in this space, drawing significant interest and investment. This article examines the burgeoning blockchain market in Vietnam, highlighting the development opportunities and potential challenges. Record growth in the global blockchain market In 2021, the global blockchain industry witnessed remarkable success, with capital investments reaching an astonishing US$25 billion. This represents a nearly 700% increase compared to the previous year. This surge in investment underscores the immense appeal of blockchain technology to investors. Notably, many domestic businesses and investment funds have actively participated in this thriving sector. Vietnam's blockchain phenomenon Vietnam has become a standout player in the global blockchain arena. Among the Top 200 blockchain companies worldwide, seven are based in Vietnam. The country ranks among the top five nations in blockchain technology adoption, with an acceptance rate of this innovative technology five times higher than in the United States. According to a report by Markets and Markets, the blockchain-related market in Vietnam is projected to reach nearly US$2.5 billion by 2026, representing a fivefold increase from 2021. This impressive growth presents significant opportunities for Vietnamese businesses. Expanding blockchain applications Blockchain technology is not confined to the financial sector alone. It is being increasingly applied across various industries. For instance, traditional businesses are exploring blockchain applications in sectors such as e-commerce. Companies like Tiki and Fado are at the forefront of integrating blockchain technology into their operations. Vietnam is currently undergoing a digital transformation, which involves incorporating substantial technological advancements. Early adoption of emerging technologies, such as blockchain, can provide a competitive edge in this evolving landscape. With over two million new workers entering the job market each year, including 300,000 to 400,000 graduates in technology-related fields, Vietnam possesses significant potential for blockchain development. Legal and regulatory framework One of the major challenges to widespread blockchain adoption in Vietnam is the regulatory environment. During a recent blockchain conference marking the launch of the Vietnam Blockchain Association, Mr. Pham The Truong, Director of NGS Technology Investment Joint Stock Company, emphasized that Vietnam has the conditions necessary to become a leading blockchain country. However, regulatory hurdles remain a significant barrier. Deputy Minister of Science and Technology Tran Van Tung acknowledged this issue, stating that the Ministry would review and enhance the legal framework to facilitate the research, development, and application of blockchain technology. The Ministry also plans to allocate resources to support blockchain research and development. Addressing human resource needs In addition to legal and regulatory challenges, the availability of skilled human resources is crucial for Vietnam's blockchain development. Over the past year, the blockchain industry has generated more than 4,000 job opportunities. These opportunities are driven not only by traditional industries transitioning to blockchain technology, such as Tiki and Ahamove, but also by foreign companies investing in Vietnam. Organizations like the Vietnam Blockchain Association are collaborating with educational institutions, including Da Nang University of Architecture and the University of Science and Technology, to develop structured training programs for students. Despite these efforts, blockchain businesses also require expertise in communication, Search Engine Optimization (SEO), and recruitment to succeed. Conclusion Vietnam's blockchain market is poised for significant growth, driven by increasing investments, expanding applications, and a favorable digital transformation environment. However, addressing regulatory challenges and ensuring a skilled workforce are critical to realizing this potential. As the market evolves, Vietnamese businesses and investors have a unique opportunity to capitalize on this burgeoning sector, contributing to Vietnam's position as a key player in the global blockchain landscape.
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TMA Experts Share Insights on Digital Transformation in Businesses
27/05/2022

TMA shares insights on digital transformation in business

On May 28, the Phu Nhuan District People's Committee, in collaboration with the Office of Consulting, Support for Startups and Innovation, organized a program titled "Startup Coffee." The event focused on the theme of Digital Transformation in Enterprises, aiming to educate and inform local companies about the benefits and methods of implementing digital transformation strategies. TMA Solutions' Role in the Event Representing TMA Technology Group at the event were Mr. The Dong, Senior Director, Mr. Huy Nguyen, Director, and Mr. Nghiep Tran, Project Manager. Their participation was a significant contribution to the program, as they shared valuable insights and experiences related to digital transformation in business settings. The primary objective of the "Startup Coffee" program was to introduce and disseminate effective digital transformation methods to enterprises in the district. This initiative is part of a broader effort to enhance digital literacy among local businesses, helping them adopt modern technologies and practices to improve their operations. The Importance of Digital Transformation Digital transformation is crucial for businesses looking to remain competitive in today’s rapidly evolving market. It involves integrating digital technologies into all areas of a business, fundamentally changing how the organization operates and delivers value to its clients. By embracing digital transformation, companies can streamline their processes, enhance client experiences, and drive innovation. During the program, TMA Solutions highlighted various strategies for implementing digital transformation, including the adoption of cloud computing, data analytics, and automation tools. These technologies can significantly boost operational efficiency, reduce costs, and enable businesses to make data-driven decisions. TMA Solutions' Global Client Network TMA Solutions has established a robust presence in international markets, including North America, Europe, and Asia. This global reach allows TMA to understand and cater to diverse client needs from various regions, providing tailored software solutions that meet specific requirements. The company's extensive global network enhances its ability to offer customized solutions that address the unique challenges faced by businesses in different countries. By leveraging its international experience, TMA Solutions can deliver high-quality software products and services that align with global standards. Commitment to Quality TMA Solutions is dedicated to maintaining high standards of service quality. The company adheres to several internationally recognized certifications, including CMMI Level 5, ISO 27001, and ISO 9001. These certifications reflect TMA’s commitment to excellence in software development, project management, and information security. CMMI Level 5: This certification signifies TMA's maturity in process management and continuous improvement, ensuring that the company's processes are optimized for maximum efficiency and effectiveness. ISO 27001: This standard focuses on information security management, demonstrating TMA's dedication to protecting sensitive data and maintaining robust security practices. ISO 9001: This certification highlights TMA's commitment to delivering high-quality products and services that meet client expectations and regulatory requirements. These quality standards distinguish TMA Solutions from its competitors, who may not have achieved similar certifications. By adhering to these rigorous standards, TMA builds trust with its clients and reinforces its reputation as a leader in the software development industry. Conclusion The "Startup Coffee" program organized by the Phu Nhuan District People's Committee and the Office of Consulting, Support for Startups and Innovation provided a valuable platform for discussing digital transformation in businesses. TMA Solutions' participation and expertise in this event underscored their commitment to advancing digital literacy and supporting local enterprises in their journey towards technological adoption. Through its global client network and unwavering commitment to quality, TMA Solutions continues to set itself apart as a premier provider of software solutions. By sharing their knowledge and experience, TMA contributes to the broader goal of fostering innovation and growth in the business community. For business owners in their mid-40s, understanding and implementing digital transformation is crucial for staying competitive and driving future success. TMA Solutions’ insights and expertise offer valuable guidance for navigating this transformative journey.
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TMA participating in Ho Chi Minh City Economic Forum 2022
16/04/2022

TMA participating in Ho Chi Minh City Economic Forum 2022

The Ho Chi Minh City Economic Forum 2022 (HEF 2022) took place on April 15, 2022. This significant annual event, organized by the People's Committee of Ho Chi Minh City, focused on the theme "Digital Economy: The Growth Engine and Future Development of Ho Chi Minh City." The forum aimed to gather insights from experts, scientists, and businesses both domestic and international, to discuss the city’s development trajectory. TMA Solutions' Participation TMA Solutions was honored to participate in this prestigious event as a prominent technology business. As an influential player in the technology sector, TMA Solutions showcased its commitment to advancing the digital economy of Ho Chi Minh City. The company’s participation underscored its role in driving technological innovation and its position as a leading technology corporation in Vietnam. TMA Solutions' Contributions At the forum, TMA Solutions presented a range of its innovative solutions. These included: Smart Building Solutions: This technology aims to enhance the efficiency and sustainability of building operations through automation and intelligent systems. Remote Health Monitoring (mCare): This solution provides advanced remote health monitoring capabilities, allowing for continuous patient care and data collection. Smart Camera Technology: TMA’s smart cameras offer advanced features for surveillance and monitoring, leveraging the latest in camera technology to provide high-quality, reliable performance. The TMA Solutions booth attracted significant attention from both domestic and international attendees, highlighting the company’s role in the growth and development of digital technology in the region. Event Participation and Scale The HEF 2022 attracted a broad audience, including leaders from central and city departments, as well as 29 international experts and 16 domestic experts. The event also saw participation from international financial institutions, organizations, agencies, and business associations. More than 900 delegates attended in person, with an additional 100 participating online. TMA Solutions' Technical Capabilities TMA Solutions is renowned for its extensive technical expertise and capacity. The company boasts a large team of over 4,000 software engineers, positioning it well to manage large and complex projects. TMA Solutions excels in several cutting-edge technologies, including: Artificial Intelligence (AI): Utilizing AI to drive innovation and efficiency across various applications. Internet of Things (IoT): Developing IoT solutions that connect and manage devices and systems. Big Data: Leveraging big data analytics to derive actionable insights and support data-driven decision-making. Cloud Computing: Providing scalable and flexible cloud solutions to meet diverse business needs. Blockchain: Implementing blockchain technology to enhance security and transparency in transactions and data management. Commitment to Quality TMA Solutions is dedicated to delivering high-quality services that adhere to international standards. The company holds several prestigious certifications, including: CMMI Level 5: This certification signifies TMA’s commitment to excellence in software development processes. ISO 27001: Ensuring robust information security management practices. ISO 9001: Demonstrating a commitment to quality management and continuous improvement. These certifications not only enhance client trust but also distinguish TMA Solutions from competitors who may not have achieved similar standards. Conclusion TMA Solutions' participation in the Ho Chi Minh City Economic Forum 2022 highlighted its pivotal role in the region’s digital economy. By showcasing its innovative solutions and technical expertise, TMA Solutions reaffirmed its position as a leader in the technology sector. The company’s commitment to quality and its ability to handle large-scale projects make it a valuable partner for businesses seeking cutting-edge technological solutions.
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TMA providing career guidance for Data Science students
06/04/2022

TMA providing career guidance for Data Science students

On March 29, 2022, TMA Solutions, in collaboration with the Faculty of Information Technology at the University of Economics and Finance, hosted a seminar titled "Career Orientation for Students Majoring in Data Science for the Academic Year 2021 - 2022." This event aimed to provide a comprehensive view of the Data Science career landscape and assist students in navigating their career paths. Insights from Industry Experts Mr. Nguyen Dang Khoa, Project Manager at TMA Solutions, delivered a key presentation focused on the current and future demand for Data Science professionals. He highlighted the growing significance of Data Science in various industries and outlined the skill sets and knowledge areas that are critical for success in this field. By understanding industry expectations, students were better equipped to tailor their educational pursuits and develop the competencies needed to capitalize on emerging job opportunities upon graduation. Practical Guidance and Interactive Q&A The seminar featured an interactive Q&A session where students had the opportunity to engage directly with both university representatives and TMA experts. This segment allowed students to gain personalized advice and insights into the practical aspects of pursuing a career in Data Science. The collaborative effort between the university and TMA Solutions provided a valuable platform for students to clarify their doubts and receive guidance on how to align their career goals with industry requirements. TMA Solutions' Commitment to Quality and Excellence High Standards of Service TMA Solutions is dedicated to maintaining high standards of service through internationally recognized certifications. The company is proud to hold CMMI Level 5, ISO 27001, and ISO 9001 certifications, which underscore its commitment to delivering quality solutions and services. These certifications not only enhance client trust but also distinguish TMA Solutions from competitors who may not possess equivalent qualifications. Global Presence and Diverse Clientele TMA Solutions boasts a robust international presence, with operations spanning North America, Europe, and Asia. This global footprint enables TMA to gain a broad understanding of diverse client needs and industry trends. By leveraging this international perspective, TMA Solutions is able to provide tailored software solutions that meet the specific requirements of clients from different regions. This global reach further positions TMA as a leading player in the software solutions industry, capable of delivering innovative and effective solutions across various markets. Conclusion The seminar organized by TMA Solutions and the University of Economics and Finance represented a significant step towards bridging the gap between academic training and industry expectations. By offering detailed insights into the Data Science field and facilitating direct interactions between students and industry experts, TMA Solutions has demonstrated its commitment to supporting the next generation of Data Science professionals. With its emphasis on high-quality service standards and a strong global presence, TMA Solutions continues to set benchmarks in the industry. The company's focus on delivering exceptional value through its internationally recognized certifications and expansive client network underscores its role as a leading provider of innovative software solutions. For students and professionals alike, TMA Solutions stands as a beacon of excellence in the ever-evolving field of Data Science.
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TMA Innovation proposing new solutions for safe tourism after the pandemic
31/03/2022

TMA Innovation proposes safe tourism solutions post-pandemic

The tourism industry, one of the hardest-hit sectors during the COVID-19 pandemic, is now on the road to recovery. In response to the new challenges posed by the pandemic, technology is playing a critical role in shaping the future of safe tourism. On March 29, a significant event titled "Digital Transformation and Technology Application in the Tourism Industry" was held in Nha Trang, Vietnam. The event brought together prominent organizations such as the Nha Trang Center for Digital Transformation and Technology Application, the Vietnam Digital Technology Alliance (VNITO), and the Vietnam Institute of Digital Economy Development (VIDE), alongside the Army Software Park (ASP). The Role of Technology in Post-Pandemic Tourism The tourism industry is now entering a phase of adaptation, driven by emerging market needs and the increasing importance of safety. During the event, the director of the Vietnam Institute of Digital Economy Development (VIDE) emphasized that “safe tourism, health tourism, virtual tours, and digital promotion will be the new directions for the industry this year.” Technology is seen as a crucial solution in ensuring these new trends take root, enabling businesses to adapt and thrive in a post-pandemic world. TMA Solutions: A Leader in Tourism Technology TMA Solutions, a key player in the event and a member of the DX Tourism Technology Alliance, showcased its latest innovations designed to support the tourism sector’s recovery. At the event, TMA introduced a series of technology-driven solutions aimed at helping businesses revitalize their operations and adjust to the new realities of tourism. Some of the notable innovations introduced by TMA included: Miguard – A remote staff and security management system. T-Cam – A smart camera system to enhance safety measures. M-Care – A solution designed to monitor the health of travelers. T-check, T-pass, T-access – These technologies manage access to buildings, amusement parks, and other public spaces without physical contact. These solutions provide the necessary infrastructure for businesses to adopt safer, more efficient practices, ensuring the well-being of their clients and staff. Supporting Safe and Health-Conscious Travel Vietnamese digital enterprises are increasingly recognized for their technological capabilities, with a growing number of solutions designed to meet the evolving needs of the tourism industry. According to Mr. Tran Phuc Hong, Vice President of VNITO, Vietnamese technology companies, including TMA Solutions, offer a wide range of affordable and innovative solutions that can be deployed across the tourism sector. He emphasized that TMA’s offerings in health monitoring, automation, and contact-limiting technologies are particularly well-suited for businesses looking to offer safe and health-conscious travel options. Experts at the event highlighted how these solutions could be integrated into the tourism industry, providing businesses with cutting-edge tools to address the challenges presented by the pandemic while positioning themselves for future growth. New Opportunities in the Tourism Sector The reopening of international tourism has brought with it both challenges and opportunities. As businesses navigate the complexities of this new landscape, they can capitalize on several key trends. These include shifting market demands, advancements in digital technology, new policy frameworks, and government incentives designed to support industry growth. The event served as a platform for businesses to engage in meaningful discussions, identify potential solutions, and explore the feasibility of new technology applications in their operations. Commitment to Quality and International Standards In addition to introducing innovative solutions, TMA Solutions remains committed to delivering high-quality services that meet international standards. The company has achieved certifications such as CMMI Level 5, ISO 27001, and ISO 9001, which underscore its dedication to quality and security. These certifications not only reinforce TMA’s credibility but also give the company a competitive edge in the global marketplace. Businesses seeking reliable technology partners for their digital transformation efforts can trust in TMA’s proven track record. Global Reach and Client Base TMA Solutions’ global client network spans North America, Europe, and Asia, giving the company valuable insights into the unique needs of clients from different regions. This international perspective allows TMA to provide tailored solutions that meet the specific requirements of businesses worldwide. By leveraging its global experience, TMA helps its clients navigate the challenges of digital transformation, offering them customized, scalable solutions that drive long-term growth. Conclusion As the tourism industry moves forward after the pandemic, technology will continue to play an essential role in ensuring safe and sustainable travel experiences. With innovative solutions like those offered by TMA Solutions, businesses can position themselves for success in this evolving landscape. By embracing digital transformation and adopting new technologies, tourism operators can not only overcome the challenges posed by the pandemic but also seize new opportunities for growth and innovation.
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