The Hanoitimes - The project will also support policy reforms that improve the financial sustainability and quality of services, and pilot innovations. Vietnam desires for WB’s further support in developing e-government Vietnam should enhance trucking sector and inland waterways transport: WB WB wants to help Hanoi transform its urban transport landscape The World Bank (WB) on June 19 approved a US$80 million loan to help Vietnam improve the quality of and access to basic health services in 13 provinces, with a focus on poor areas of the country. The Investing and Innovating for Grassroots Health Service Delivery Project is designed to enable commune health stations (CHS) to start detecting and managing non-communicable diseases while strengthening their existing role in controlling infectious diseases and providing essential maternal, newborn and child health care services. Illustrative photo. Source: Internet About 9.2 million people are … [Read more...] about WB helps Vietnam improve grassroots health services
Modern journalism: Bracing for next wave of technology
The only way that news organisations can keep their readers is to bring quality, unbiased, honest and fair information.—Illustration photo Trịnh Lập HÀ NỘI — News organisations have struggled in the past two decades with readership moving from the page to computers and mobile devices, and that struggle is set to continue, according to a top journalist. Lê Quốc Minh, deputy general director of the Vietnam News Agency (VNA), said the news industry is always changing, especially with rapidly changing technologies. With Facebook and other social media platforms providing new pathways to journalism, today’s readers don’t have to work hard to find the news, he told local media recently. In many cases, the news has to find them and adapt to changing reader habits. Changing from paper to web, mobile, using 360-degree videos and drones might be things of the past, he said. Artificial intelligence, augmented reality, … [Read more...] about Modern journalism: Bracing for next wave of technology
Positive economic climate attracts businesses, says AHK outlook
Chief Representative of AHK Vietnam Marko Walde, the second from right, discusses about investment environment with participants at the conference in Hà Nội on Thursday. — VNS Photo Thu Giang HÀ NỘI — Việt Nam needs to develop domestic support industries and industrial clusters to create collaborate opportunities among domestic and foreign businesses, allowing easier experience and technologies exchanges, according to a report. The AHK world business outlook 2019 was released in Hà Nội yesterday by the Association of German Chambers of Commerce and Industry (AHK) in Việt Nam at a press conference. The outlook, conducted with the participation of nearly 1,000 German entrepreneurs in Việt Nam from April 1 to April 31 this year, showed Việt Nam continued to be an investment destination for German businesses with high expectations of economic development in the … [Read more...] about Positive economic climate attracts businesses, says AHK outlook
Banks urged to prepare for new financial reporting standards
Banks should explore the uses of advanced data analytics and automation to deal with the complexity of the IFRS 9 standard. — VNA/VNS Photo HÀ NỘI — Despite a draft roadmap to apply International Financial Reporting Standards 9 (IFRS 9) compulsorily in Việt Nam from 2025, domestic banks should start preparations now as the complex norms have proved a major challenge for global financial institutions, experts have said. Under the draft IFRS roadmap released recently by the Ministry of Finance, IFRS implementation will become compulsory for the consolidated financial statements of all State-owned enterprises, listed companies and large-scale unlisted public companies after 2025. According to Trần Hồng Kiên, assurance partner and IFRS leader at PwC Vietnam, when it comes to IFRS 9 – Financial Instruments, financial institutions are likely to need a lot of time and effort to assess the impacts (both financial … [Read more...] about Banks urged to prepare for new financial reporting standards
Food companies target increasingly adventurous consumers
A panel discussion at a seminar titled "Export experience, Asian and world market trends" held by the Vietnamese High Quality Products Business Association in HCM City on June 20. — VNS Photo Xuân Hương HCM CITY — Asian consumers are increasingly adventurous about exploring and experiencing new foods and beverages, according to the Vietnamese High Quality Products Business Association. Speaking at a seminar titled "Export experience, Asian and world market trends" in HCM City yesterday, its chairwoman, Vũ Kim Hạnh, said the association had recently sent delegations to some international food exhibitions in China and Thailand. Their highlights were two new food processing technologies, free-drying and fermentation, which are replacing old processing forms such as oil frying, she said. There were also many new snacking products and natural, healthy products, she said. According to the Innova Market Insights consumer trends, in 2019 the food … [Read more...] about Food companies target increasingly adventurous consumers