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Vietnam’s Cerberus Esports team wins 6th place at PUBG Global Championship 2022

Vietnamese League of Legends esports team has set record for Vietnam and the APAC region after winning 6th place at PUBG Global Championship 2022, after a month of fierce competition in Dubai.

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The achievement brought the Vietnamese esports team VND3.78 billion ($152,500) in reward. Cerberus Esports team members who have averaged age of 19.6 has set six records for Vietnam and the APAC region.

Cerberus is also one of the teams that have never had experience in an international tournament. It started the competition with low expectations from international pundits. Twire.gg rated Cerberus to finish the game in 19th place.

However, it performed beyond the audience’s expectations. From the beginning, Cerberus demonstrated good performance and got important scores. The Vietnamese young men got 114 points and became the 6th ranked team in the world, setting unprecedented records for Vietnam as well as the APAC region.

“Our players, who are between 18 and 20 years old, set the record, proving that Cerberus team has great potential. We are confident to maintain our position as one of the leading e-sports teams in Vietnam,” said Michael Minsoo Chung, Cerberus Esports Operations Director.

“We have high hopes to become a team that will bring greater development opportunities for Vietnamese e-sports,” he added.  

Photo: Cerberus Esports
Photo: Cerberus Esports

At PUBG Global Championship 2022, 32 teams from four regions, including 12 from Asia, 8 from Europe, 6 from the Asia Pacific, and the remaining 6 from the Americas competed for a total prize of $2 million.

Founded in 2018, Cerberus Esports is a professional e-sports organization headquartered in Ho Chi Minh City. It is currently a training and competition place for five teams from five different e-sports.

Saudi Arabia to invest $38 billion in esports 

In a related development, Saudi Arabia has planned to invest $38 billion to turn the kingdom into a hub for e-sports by 2030 as part of its plan to diversify the economy of the world’s largest oil exporter, Bloomberg News reported.  

Photo: Cerberus Esports
Photo: Cerberus Esports

Savvy Games Group, a subsidiary of the country’s sovereign wealth fund, will invest $13 billion in acquiring and developing a games publisher and $18.7 billion in acquiring minority holdings in gaming firms. It will also invest $5.3 billion in established companies in the gaming sector.

Saudi Arabia has already begun to invest actively in the e-gaming business. It owns shares in Activision Blizzard Inc., Electronic Arts Inc., and Nintendo Co. through its Public Investment Fund. The plan has threatened South Korea’s esports suzerainty status.

Source: https://e.nhipcaudautu.vn/tech/vietnams-cerberus-esports-team-wins-6th-place-at-pubg-global-championship-2022-3349269/

Sci-tech-environment

TikTok Shop emerges as top e-commerce platform in Vietnam

TikTok Shop surpasses established players to become one of the top three e-commerce platforms in Vietnam, as the market grows rapidly with a forecast of $49 billion by 2025.

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The report by Reputa shows that TikTok Shop has made a significant impact in the Vietnamese e-commerce market, surpassing established players like Tiki and Sendo to become one of the top three most popular e-commerce platforms on social networks, along with Shopee and Lazada. 

According to the Ministry of Industry and Trade, the scale of Vietnam’s retail e-commerce market in 2022 was estimated at $16.4 billion, which accounted for 7.5% of the country’s revenue of consumer goods and services. Shopee emerged as the most popular e-commerce platform with a total score three times higher than the second-ranked platform, Lazada. 

Meanwhile, TikTok Shop made its debut in the ranking and came in third, with a total score of 13.56, surpassing Tiki. Reputa’s report also ranked the most popular e-commerce companies and industries in Vietnam, with Meta Online Network Joint Stock Company being the most popular e-commerce company and the “Beauty – Health” industry being the leading industry in terms of discussion. 

The e-commerce market in Vietnam is expected to grow rapidly, with the growth rate of e-commerce in Vietnam expected to increase rapidly in 2023 and the market forecasted to reach $49 billion by 2025.

Source: https://e.nhipcaudautu.vn/tech/tiktok-shop-emerges-as-top-e-commerce-platform-in-vietnam-3350510/

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Sci-tech-environment

Vietnamese spends $1.1 billion on food delivery apps

In Vietnam, overall spending on food delivery services reached $1.1 billion in 2022. As of now, the most popular services are Grab and ShopeeFood.

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According to Momentum Works, Southeast Asian nations’ total expenditure (GMV) on food delivery services in 2022 reached $16.3 billion, up 5% following two years of a delivery boom due to Covid-19.

For the first time in three years, growth in the area was mostly driven by small-scale markets such as the Philippines (up $0.8 billion), Malaysia (up $0.6 billion), and Vietnam (up $0.3 billion).

As Covid-19 became an endemic illness and economies reopened, GMV in bigger markets such as Singapore (down $0.4 billion), Thailand (down $0.4 billion), and Indonesia (down $0.1 billion) dropped.

Grab and ShopeeFood are the two most popular applications in Vietnam, with 45% and 41% of the GMV market share, respectively. The remainder is split between Baemin (12%) and Gojek (2%).

As of the end of 2022 in Southeast Asia, Grab’s GMV is estimated to reach $8.8 billion, accounting for 54% of overall GMV in the area and rising by 16% year on year.

Foodpanda is estimated to contribute $3.1 billion, accounting for 19% of the region’s GMV and reflecting a 9% decrease; Gojek and ShopeeFood still maintain the same GMV level in 2021, reaching $2 billion and $0.9 billion respectively.

Source: ZingNews

Source: https://e.nhipcaudautu.vn/tech/vietnamese-spends-11-billion-on-food-delivery-apps-3350239/

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Sci-tech-environment

Apple to begin producing MacBooks in Vietnam by the mid-2023: Nikkei Asia

The American tech giant Apple plans to shift some MacBook manufacturers to Vietnam for the first time in 2023 as tensions between Washington and Beijing over technology continue to rise.

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According to Nikkei Asia, Apple has contracted with Taiwan’s Foxconn to begin producing MacBooks in the country of Southeast Asia in May 2022.

For all of its key product lines, Apple has been seeking to build production facilities outside of China. Still, the final one, the MacBook, it has taken longer due to the intricate supply chain required for producing laptop computers.

Almost two years ago, the company has planned to move some MacBook manufacturers to Vietnam, where a trial production line has already been set up. 

Apple produces between 20 and 24 million MacBooks annually, with factories situated in the Chinese cities of Chengdu, the Sichuan area, and Shanghai.

For China, the loss of control over MacBook manufacturing represents a general deterioration in its role as the world’s factory. 

Since former U.S. President Donald Trump began a trade war against China, major electronics manufacturers like Apple, HP, Dell, Google, and Meta have all announced at least some preparations to relocate production and sourcing away from the nation.

The majority of data center servers manufactured for companies with U.S. customers, including Google, Meta, Amazon, and Microsoft, are now produced in Taiwan, Mexico, or Thailand.

Apple has regarded China as its most significant assembly base for many years, but in 2022, that successful formula ended. 

Due to a lengthy COVID lockout in the spring, important MacBook and iPhone production facilities in Shanghai experienced significant interruptions. 

Apple issued a warning in November on delays in the premium iPhone 14 Pro and 14 Pro Max’s Christmas deliveries, citing labor shortages caused by the epidemic at its most significant production facility in Zhengzhou, Henan province.

AirPods, which began commercial manufacturing in Vietnam in 2020, served as the catalyst for Apple’s expansion into that country. Nikkei Asia was the first to reveal that the business moved some of the production of Apple Watches and iPads there this year. 

Source: Nikkei Asia

Source: https://e.nhipcaudautu.vn/tech/apple-to-begin-producing-macbooks-in-vietnam-by-the-mid-2023-nikkei-asia-3350198/

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