The Rise of Vietnam’s App Economy

All around the world we are seeing the rise of the App Economy – jobs, companies, and economic growth created by the production and distribution of mobile applications that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries. The App Economy started in California’s Silicon Valley but has since spread globally, creating investment, education, and jobs. For developing economies like Vietnam, the App Economy is a great because it’s lean. There’s no huge investment in infrastructure or materials in an App Economy – talented people and good telecommunications are about all you need to get going.

A broad range of enterprises are searching for workers in Vietnam who have the ability to develop, maintain, or support mobile applications. Tiny app developers and large mobile broadband providers; tech companies, transportation companies, and financial service companies; multinationals, nonprofits, and the government – it’s just amazing the types of enterprises that are hiring app developers these days. 

AmCham and the Progressive Policy Institute (PPI) invite you to ‘Lunch-n-Learn’ with us on January 23 where a new policy report will be released measuring the growing contribution of mobile application development to the Vietnamese economy and outlining the long-term potential and obstacles to growth in the digital sector. The report, “The App Economy in Vietnam, 2017” measures the thousands of app-related jobs created in Vietnam, compares the environment for app-related activity in Vietnam to other locations in Southeast Asia, and warns of potential policy pitfalls and regulations that might harm future digital growth and economic prosperity in the country.

About the Guest Speaker:

Dr. Michael Mandel is chief economic strategist at the Progressive Policy Institute (PPI) in Washington. Dr. Mandel is also a Senior Fellow at the Mack Institute for Innovation Management at the Wharton School at the University of Pennsylvania. He is the author of four books, including The High Risk Society and Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think. His essentials-level economics textbook from McGraw-Hill, Economics: The Basics, is into its third edition. Dr. Mandel received a PhD in economics from Harvard University, and taught at New York University’s Stern School of Business.

The Progressive Policy Institute is a catalyst for policy innovation and political reform based in Washington, DC. Founded in 1989, PPI started as the intellectual home of the New Democrats and earned a reputation as President Bill Clinton’s “idea mill.” Many of its mold-breaking ideas have been translated into public policy and law and have influenced international efforts to modernize progressive politics. Today, PPI is developing fresh proposals for stimulating economic innovation and growth; equipping workers with skills and assets that social mobility in the knowledge economy requires; modernizing the public sector; and restoring American leadership around the world.

 

EVENT:     The Rise of Vietnam’s App Economy
DATE:       Tuesday, January 23
TIME:       12:00pm – 1:45pm
PLACE:      Sofitel Legend Metropole Hanoi, 15 Ngo Quyen Street

Date/Time

1.23.2018
12:00 pm - 2:00 pm

Location

Sofitel Legend Metropole
15 Ngo Quyen Street
Hanoi

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