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Hoang Viet Tien-Head of Strategic Advisory, Insider Mobile games and e-sports account for a major share of the blockchain sphere, and in addition to the play-to-earn wave from blockchain games, new waves are coming such as SocialFi (earning income through social activities), CALO (exercise to collect utility tokens), and Genopets (nurture and evolve Genopes to train and battle for rewards). A new report by DappRadar and the Blockchain Game Alliance suggests that 2022 will be a benchmark year for crypto games developers. The report reveals that $2.5 billion in investments were raised in Q1 alone this year, adding that developers could see this figure balloon to $10 billion by the end of the year. Compared to previous years, these figures also suggest the niche has become a key sector for investors. In 2021, for example, just $4 billion was raised throughout the whole year. In Vietnam, there are about 3.99 million gamers and more than 60 per cent are between the ages of 18 and … [Read more...] about Staying safe in the booming blockchain and GameFi world

E-sport players from the Philippines . Illustrative photo. (Source: VNA) Hanoi (VNA) – The Philippine national team chef de mission Ramon Fernandez has given Vietnam a thumbs-up as the host of the 31st Southeast Asian Games ( SEA Games 31 ), saying the host has been “warm, hospitable” and running a tight ship. "The accommodations of our athletes, coaches and other staff of the Philippine team are comfortable. We have been treated well. There have been no major complaints,” Fernandez told Philippine News Agency reporters. He said that the problem he has heard so far was the transport from the hotels of the participants to the training and competition venues, which was understandable since Vietnam, like the rest of the region, was still coping with the COVID-19 pandemic. “The organisers have been apologetic about this issue and have addressed our concerns as soon as they can whenever the transport problems crop up,” Fernandez, also a commissioner of the Philippine … [Read more...] about Philippine team leader gives thumbs-up to Vietnam as SEA Games host

Shannon Leahy, trade commissioner for Austrade, and general director of BRG Retail Nguyen Thi Thanh Thuy. Photo: Austrade Australia is one of Vietnam’s major suppliers of beef ad lamb products. Local consumers can enjoy a growing range of Australian products from fresh fruits, dairy, seafood, and beverages including a diverse range of sparkling, red, and white wines. Cherries, citrus, table grapes, milk, yoghurt, cheese, cereals, juices, rock lobsters, and abalone are just some of the beloved Australian products that have made it into Vietnamese stores, restaurants, and homes. General director of BRG Retail Nguyen Thi Thanh Thuy said, “Vietnamese consumers increasingly demand clean, fresh, and delicious products with premium quality and transparent origins regardless of if they are eating out or at home. Australian suppliers can offer exactly what they want, including high-quality sustainable meat, delicious fruits, the finest dairy and cereals, and premium seafood … [Read more...] about Vietnamese consumers’ growing interest in Australian F&B products

Le Quang Liem (L) and Tran Tuan Minh win gold in men's team rapid chess events (Photo: VNA) Quang Ninh (VNA) – Vietnamese chess players won gold in the men’s and and silver in the women’s team rapid chess events at SEA Games 31 on May 19. Six men’s teams and five women’s teams played in the round-robin format, with four matches for female players and five matches for their male teammates. Le Quang Liem and Tran Tuan Minh competed in the men’s event, and Pham Le Thao Nguyen and Vo Thi Kim Phung in the women’s competition. After five matches, Liem and Minh recorded 6.5 points to win the gold medal. The silver medal went to the Philippines while Indonesia and Thailand shared the bronze medal. In the women’s event, Nguyen and Phung defeated their Malaysian rivals and earned six points, drawing with Indonesia. However, they dropped to silver based on previous results. The bronze went to the Philippines. Individual and team blitz chess events will take … [Read more...] about SEA Games 31: Vietnam win gold in men’s team rapid chess

Lenders reinforcing presence with bond issuance, Photo Shinhan Bank Vietnam Shinhan Bank Vietnam last week successfully issued bonds totalling VND2.8 trillion ($121.7 million), with a tenor of two years. CEO Kang Gew Won explained to VIR, “This is the first time that Shinhan Bank Vietnam has issued bonds in the Vietnamese market. This offering reinforces Shinhan Bank’s long-standing relationship with Vietnam. Our bank will use these proceeds from the bond sale to expand the bank’s credit activities, diversify its capital sources, serve its business objectives, and also ensure the bank’s long-term development.” On April 20, Shinhan Bank Vietnam also formally announced the use of the liquidity reserve ratio and net stable capital ratio in liquidity risk management, in accordance with Basel III standards. In recent times, the bank has been continuously assigned a BB rating by Standard & Poor’s, with a “Positive” outlook. Prior to Shinhan Bank, HSBC Vietnam became the … [Read more...] about Lenders reinforcing presence with bond issuance

The United Nations Development Programme (UNDP) last week again warned that the ocean is faced with increasing threats and multiple risks posed by climate change, natural disasters, environmental pollution, over-exploitation of natural resources, and unsustainable economic activities. “Global warming and marine litter are threatening marine resources, including widespread bleaching of coral reefs. Globally, an estimated 8-20 million tonnes of plastic enter the ocean every year. In Vietnam, around 2,000 tonnes of plastic waste leaks from the country into the ocean every day. It is estimated that there will be more plastic than fish in the ocean by 2050,” said Caitlin Wiesen, resident representative in Vietnam of the UNDP. The global ocean economy contributes an estimated $3 trillion per year, or about 5 per cent of the world’s GDP and comprises industries ranging from oil and gas, shipping and ports to renewable energy, fisheries, marine ecosystems and tourism. The value of the … [Read more...] about Blue economy model gathering pace