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Literary and Artistic Creation Awards celebrates 1,010th year of Thang Long–Hanoi

December 29, 2020 by hanoitimes.vn

The Hanoitimes – The award-winning works have inherited and promoted the traditional values of 1,010 years of Thang Long-Hanoi.

The Hanoi People’s Committee awarded prizes for 55 best works of local authors in the Literary and Artistic Creation Contest on December 28 in Hanoi, in celebration to the 1,010th founding anniversary of Thang Long-Hanoi.

The Awards Ceremony for the Literary and Artistic Creation Contest. Photo: Lai Tan

Launched in December 2019, the contest attracted 317 entries in many creative fields, such as fine arts, folk arts, photography, theater, dance, music and cinema. From the submissions, the Organizing Board selected 55 excellent works for the final round, of which 34 works in the professional art field and 21 works in the amateur art field.

The contest attracted the participation of a large number of the capital’s artists. Many literary and artistic works were created in the spirit of innovation, in a true and harmonious approach between tradition and contemporary elements, according to the Organizing Board.

The works inherited and promoted the traditional values of Thang Long-Hanoi, reflecting deeply and comprehensively the performance of the capital in the period of renovation, integration and development; helping to foster the cultural development and the shape the civilized manner of Hanoians and Vietnamese people as a whole.

Deputy Director of the Hanoi Department of Culture and Sports Bui Thi Thu Hien said that the literary and artistic creation movement commemorating the 1,010th anniversary of Thang Long-Hanoi aims at promoting the literary and art creation, maximizing the creativity of the capital’s generations of writers and artists; highlight the superiority and lofty nature of humanity.

Thereby, the movement will select works of high value in thought and art content, contributing to consolidating and developing the capital’s literature and arts in particular and the Vietnamese art in general to a new level, Ms. Hien said.

However, the Organizing Board said that high-quality works are still scarce, as few authors invested time and efforts in the works. Many have not been true to the theme of the contest.

Mr. Tran Quoc Chiem, Chairman of the Hanoi Union of Literature and Arts Association, proposed the city to held the Capital Literature Prize every two year to encourage artists to join and enhance the value of capital’s literature and arts in the coming time.

The Department of Culture and Sports and the Union of Literature and Arts Association of Hanoi have mapped out a specific roadmap to introduce and promote the award winning works; continue to promote the role of literature and arts in the capital construction and development and create favorable conditions for the creative artists.

Filed Under: History the Literary and Artistic Creation Awards, 1, 010 years of Thang Long-Hanoi, thang long, thang long water puppet theater, thang long water puppet theatre, Thang Long Opera Hotel, thang long opera house, thang long water puppet, Kim Khi Thang Long, Thang Long Number One, Cha Ca Thang Long, thang long travel, thang long vietnam, thang long hanoi

Lenovo announces smarter consumer products and software to increase customer experience

January 19, 2021 by www.vir.com.vn

lenovo announces smarter consumer products and software to increase customer experience
Lenovo Yoga Slim 7i Pro Laptop

Seeing what is possible with technology that is stylish, always ready and always adapting to people’s evolving needs to learn, relax, and work better from home, inspires Lenovo to create smarter experiences for all.

At the Consumer Electronics Show (CES) early this year, Lenovo announced several standout IdeaPad laptops including one with 5G, a tablet with brilliant 2K display and several productivity accessories – plus rolling out the latest software updates to Lenovo Vantage to help customers personalise their computing experience even further.

They include the 14-inch IdeaPad 5G, which is expected to be available in select markets, not available in North America at this time. The 16-inch IdeaPad 5 Pro laptop with up to the latest AMD Ryzen H-Series Mobile Processors and up to next-gen NVIDIA GeForce RTX GPUs is expected to be available starting May 2021.

lenovo announces smarter consumer products and software to increase customer experience
The 14-inch IdeaPad 5 Pro

The 14-inch IdeaPad 5 Pro is not available in North America at this time but is expected to be available in Europe, the Middle East, and Africa (EMEA) in March 2021. The 16-inch and 14-inch IdeaPad 5i Pro laptops are not available in North America but are expected to be available in EMEA from March 2021.

The Lenovo Tab P11 is available now.

With the IdeaPad 5G, users say bye to slow at-home Wi-Fi.With family members sharing home Wi-Fi networks at peak hours, it is more important than ever to have a reliable 4G/LTE and 5G cellular connection to enable lightning-fast speeds during their next presentation to the boss. That is why Lenovo created the new ultra-portable Lenovo IdeaPad 5G.

Ready for home performance, whatever the screen size: IdeaPad 5i Pro and IdeaPad 5 Pro

Introducing Lenovo’s most powerful IdeaPad laptops yet, the IdeaPad 5i Pro9 and IdeaPad 5 Pro. It is the new reliable laptop series that oozes style and performance in a range of configuration options. Choose your perfect entertainment specs, display size (14-inch and 16-inch), and an all-metal chassis exterior in either fashionable Cloud Grey or Storm Grey hue.

Also at CES, Lenovo introduced a range of sleek consumer products of high-quality craftsmanship, including the innovative Yoga AIO 7 all-in-one desktop PC that takes up less space with a rotating display and two stylishly thin consumer IPS monitors, the Lenovo L24i-30 and Lenovo L27e-30.

Plus, showing off a couple of unique products created via our joint venture company with NEC Corporation, established back in 2011:

· An upgraded LAVIE Pro Mobile laptop that is sure to turn heads;

· And the pocket-sized LAVIE MINI, the concept convertible PC offering huge possibilities and gaming connectivity;

lenovo announces smarter consumer products and software to increase customer experience
The Lenovo L24i-30

Each of these new consumer devices are designed to make your life easier as you stay connected, productive, and entertained all day long. Plus, Lenovo are also rolling out the latest software updates to Lenovo Vantage to help personalise the computing experience even further.

The Yoga AIO 7 (also known as Yoga 27 in China) is available now in China and is expected to be available in select markets in February 2021. The Yoga AIO 7 is not available in North America at this time.

Both the Lenovo L27e-30 and L24i-30 monitors are expected to be available starting March 2021.

Also during the CES, Lenovo introduced the ThinkReality A3 lightweight smart glasses. One of the most advanced and versatile enterprise smart glasses to come to market, the ThinkReality A3 is part of a comprehensive digital solutions offering to deliver intelligent transformation in business and bring smarter technology to more people.

The Lenovo ThinkReality A3 smart glasses will be available in select markets worldwide starting mid-2021.

The future of thin and light computing just got a lot brighter. Lenovo also announced its 14-inch Yoga Slim 7i Pro laptop now offers consumers a choice of an LCD or super-vibrant OLED display. The new Lenovo Yoga Slim 7i Pro (OLED version) laptop with 14-inch OLED 90Hz panel unveils at CES, and similar to its LCD laptop sibling verified as Intel Evo earlier, features up to the latest 11th Gen Intel Core mobile processors with Intel Iris Xe graphics, or up to NVIDIA GeForce MX450 discrete graphics.

lenovo announces smarter consumer products and software to increase customer experience
ThinkPad X1 Titanium

Lenovo is thrilled to unveil our thinnest ThinkPad ever, ThinkPad X1 Titanium Yoga. Covered in titanium material, it is just over 11mm thin and features a gorgeous 3:2 ratio 13.5-inch low power display along with Dolby Vision HDR support and Dolby Atmos Speaker System. Also, ThinkPad X1 Carbon Gen 9 and X1 Yoga Gen 6 are completely redesigned laptops introducing improved user experiences built around all-new 16:10 aspect ratio displays with low blue light feature, integrated fingerprint reader on power button and new ComputerVision Experiences (CVx) support by human presence detection sensor for enhanced security and ease of use.

Joining Dolby Vision and Dolby Atmos Speaker System, both X1 Carbon and X1 Yoga are the world’s first laptops to support Dolby Voice, which delivers a supreme conferencing experience that feels more natural, reduces listener fatigue, and sounds stunningly clear to make meetings more productive. The new models join the trail blazing X1 Fold and ultra-light X1 Nano announced last September to complete a comprehensive 5G-ready premium ThinkPad X1 portfolio.

ThinkPad X1 Titanium Yoga and ThinkPad X12 Detachable will be available to order starting January 2021 while ThinkPad X1 Carbon and ThinkPad X1 Yoga will be available from February. ThinkPad Docking solutions availability and pricing will be available later.

At CES 2021, Lenovo Legion unleashes absolute gaming performance. True gamers live for the thrill of levelling up their gaming performance. Lenovo Legion is going all out to deliver what gamers want this CES with the latest in AMD and NVIDIA processors, high-resolution 16” displays, AI-driven frame rates and exciting upgrades in the things that matter most.

lenovo announces smarter consumer products and software to increase customer experience
Lenovo Legion family

Lenovo is announcing four new models in its acclaimed Legion line-up:

– Lenovo Legion 7 (16” AMD)

– Lenovo Legion Slim 7 (15” AMD)

– Lenovo Legion 5 Pro (16” AMD)

– Lenovo Legion 5 (15” and 17” AMD)

Available from February 2021, the new Lenovo Legion line-up is packed with features to push the boundaries of laptop gaming.

On January 12, 2021, Lenovo announced the new ThinkBook Plus Gen 2 i and introduced the equally stylish ThinkBook 13x i, ThinkBook 14p Gen 2 and ThinkBook 16p Gen 2. Built specifically for mobile professionals in Small and Medium Businesses (SMB), using aluminium materials with a distinctive dual tone finish, the latest ThinkBook models unite innovative features with sophisticated designs to empower users in a new world of flexible workspaces.

The latest in the line of ThinkBook laptops integrate state-of-the-art technologies to enhance user experiences wherever they are. New 16:10 aspect ratio displays with Dolby Vision HDR imaging and Dolby Atmos support on select models and the introduction of the latest generation NVIDIA GeForce graphics on the ThinkBook 16p opens up a world of content creation, editing, and entertainment. As businesses adapt to new ways of working, it is often harder for SMBs to adopt hybrid business models, making it even more critical that users are equipped with the right technology that allows them to adapt to any situation.

ThinkBook Plus Gen 2 i, ThinkBook 13x, ThinkBook 14p, and ThinkBook 16p will be available from the first quarter of 2021.

Lenovo is a $50 billion Fortune Global 500 company, with 63,000 employees and operating in 180 markets around the world.

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By Lenovo

Filed Under: Uncategorized Lenovo, software, laptops, IdeaPad 5G, tech, exhibition, Biz Link, IdeaPad..., the netherlands food and consumer product safety authority, customer experience university, d c thomson consumer products, a great customer experience, what makes a great customer experience, what is a great customer experience, creating a great customer experience, in store customer experience, consumer product goods companies, gp consumer products, consumer product design, consumer reports on health customer service

Danang: Mega IT projects to lift up growth

February 24, 2021 by www.vir.com.vn

danang mega it projects to lift up growth
Danang has the potential to grow into a major digital hub in the region

Danang is now home to a pipeline of mega IT projects by leading local players, including privately-held CMC Group’s creative space.

According to Nguyen Trung Chinh,CMC chairman, the first phase of CMC Creative Space in Hoa Xuan ward with the investment value of VND12 trillion ($521.74 million) aims to bring jobs to about 2,000 people, which will increase to 10,000 people more in the second phase.

CMC’s target is to turn Danang into an international gateway and major data centre that is part of the strategy to turn Vietnam into a digital hub in the Asia-Pacific.

Through a survey, Danang has the potential to grow into the fourth regional digital hub, following Japan, Hong Kong, and Singapore.

“I am so happy that Danang People’s Committee has quickly released the decision approving the project’s detailed 1/500 planning,” said Chinh.

In light of the approved detailed planning, CMC Creative Space will consist of an R&D space; an IT and software production space; an internet transit station; a date centre; and housing blocks and associated services for experts and employees with a full suite of high-standard utilities.

Along with this, the number of IT firms in Danang reportedly grows 25 per cent annually, accounting for 20 per cent of the city’s total number of businesses.

Deemed as an important pilot project, efforts were taken to ensure speedy approval, paving the way to kick-off the project’s construction in March 2021.

Meanwhile in Ngu Hanh Son district, FPT Corporation, Vietnam’s leading IT firm, has come up with a string of capital-intensive IT projects.

Besides the 5.9ha FPT Complex which has been put into operation attracting more than 3,400 labourers, the company has pumped tens of millions of US dollars into building data centres and a system of educational facilities (schools for all grades and universities).

Nguyen Tuan Phuong, chairman of FPT Software in the central region, unveiled that in the next two years, FPT Group would inject about VND6.7 trillion ($291.3 million) into FPT Technological Urban Area (FPT City Danang) of which about VND1.5 trillion ($65.2 million) will be dedicated to building residential blocks and VND1 trillion ($43.5 million) will be earmarked for the second and third phases of its existing IT service centre to accommodate 10,000 programmers.

The company would further improve FPT City Danang’s infrastructure system with about VND800 billion ($34.8 million) set for building educational facilities.

A string of other projects are promptly in the legal setup phase, awaiting deployment such as VNPT’s IT space (Danang Bay) of more than 35,000 square metres of space in Lien Chieu district with an estimated investment value in the range of VND700 billion to VND1 trillion ($30.43-43.5 million) or the VND2 trillion ($86.96 million) high-tech and software centre of leading military-run telecom group Viettel in Hai Chau district.

These mega IT projects are anticipated to bring breakthroughs to Danang’s development in the upcoming time.

Along with this, the number of IT firms in Danang has been reportedly growing by 25 per cent annually, accounting for 20 per cent of the city’s total number of businesses.

Recent statistics show that Danang accommodates 2.1 IT firms over 1,000 residents, more than quadruple the country’s average. By the end of 2020, the city had 40,500 IT personnel, 20,000 of whom of them 20,000 have been working in the fields of software and digital content creation with per capita monthly wages averaging VND17.8 million ($770).

Nguyen Tuan Phuong from FPT Software shared that digital transmission is taking the whole world by storm, especially amid recent COVID-19 complexities.

“This movement is favourable for Vietnam’s IT industry generally and Danang in particular. The city needs to work on policies to accelerate the development of the IT sector, placing emphasis on training high-quality IT personnel. Availing itself of this opportunity effectively could bring numerous tailwinds to Danang in its digital transformation journey,” Phuong said.

By Anh Thuy

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Ukiyoto Publishing (Singapore) Starts Year 2021 with Mega Thrillers & Bestsellers

February 8, 2021 by bizhub.vn

SINGAPORE - Media OutReach - 8 February 2021 – Ukiyoto Singapore Pte Ltd. starts out the year 2021 with exciting releases ranging across mystery thrillers, memoirs, biographies and culinary reviews. With its focus on literary activities in Asia, this season of Litteratura, The Literary Magazine slated for release end Feb’21 covers few of the best authors and writers from Philippines, Malaysia, Singapore and India.

In Q3 FY20-21, Ukiyoto had tied up with a chain of mega bookstores such as Kinokuniya, MPH, Times, LitBook Cafe via distributor Gerakbudaya in Malaysia to source books for placement at their stores. Several outdoor activities such as book launch, book reading, award ceremonies and others are planned in the second half of 2021 based on government decisions with regards the pandemic.

To mark the Chinese New Year 2021, an online live Panel Discussion is scheduled on 14th Feb, 12:30pm PHT on the topic, “Scope of Literature in Asia post Pandemic”. The panel comprises writers from Philippines — Lia de Jesus, Nicole Narvato, Karmela Mirriam Ebreo and Anne Marla moderated by best selling author, Shrutidhora P Mohor from India.

Christine Musa, author from Philippines says, “My book entitled, ‘I Escaped the Narcissist: Memoirs of an Empath Supernova‘ was the very first ever published book that I have, all thanks to Ukiyoto Publishing for making my dream of becoming a published author finally come true!

Christine’s future plans as a published author is to produce more content which are focused around having a peaceful life away from any form of abuse and a truthful life away from any pretentions driven by the desire to have a picture-perfect ideal life.

Karmela Mirriam Ebreo, a Filipina by blood and birth is a lawyer by profession and a blogger by passion. An active member of Soroptimist International, a global volunteer organization working to economically empower women and girls, she started Mirriam Dictionary back in 2009 when she was about to graduate college. Life had a few surprises along the way and she ended up in law school. Her recently released title, Life Un-Counselled supposed to be a collection of her musings and life hacks — That is what the title is really about, life counselling. Since she is not a psychologist but a case counsel — not an expert on life in general, it was tweaked to be “un-counselled”. However, upon consultation with Ukiyoto, she was advised that it was best to feature her craft projects for her first book with the subtitle: a case of quick craft projects.

Mirriam loves DIYs and everything crafting but hates long and complicated ones. In a nutshell, the book is for those who are like her — a lazy type of crafter.

“I am all for women empowerment. Women and girls have so much to offer this world, and when they are empowered, they can contribute more to society. Most women are inherently creative but sometimes they are discouraged by complexities. In a way, Life un-counselled: a case of quick craft project seeks to inspire these creative hearts to begin. That is also why extremely easy projects are featured in the book. From here, they can start a small business too like paper crafts or party favors. If they do that, they are one step closer to becoming economically empowered women, the goal of the organization I am in– Soroptimist International. The book somehow tries to achieve that too.” as Mirriam tells us.

Vartika Sharma Lekhak, our author from India is a post-graduate in History from JNU, an educator by profession and a travel writer.

She is the author of the book — Bra Strap, and two anthologies — When Women Speak Up and The Take Off. The short-story collection Bra Strap — The stories hidden beneath the strings gives voice to the subdued tales of women from different walks of life. It highlights the message that everyone has a story to tell, some of them are magnificent, while some are ordinary. But every story needs to be told. The Anthology ‘When Women Speak Up’, published by Women’s Web, features leading women voices in India including her contribution, ‘The Girl With Sealed Vagina.’  The Take Off, a passionate project of Cyclops, is India’s first book that brings true stories of Indian cyclists, including her contribution, ‘A Housewife’s Bike Love Story.’

From childhood, Vartika liked to maintain a writing journal. Even today she has a trunk full of old diaries, letters which she considers as her priced possessions.

Vartika’s Inspiration: “Very early I had discovered that the message which I can put across through my writing is more impactful than the spoken words. I find writing a more resonating tool than anything else. Like, when I was in grade nine, I was punished by the headmistress for something which was not my mistake. I was so angry and hurt, didn’t know how to react. Then I wrote a poem expressing my detest at the injustice and the next day in the school assembly recited it. Of course, after that, the headmistress was more annoyed and my games period were banned, but I was now at peace for speaking up.”

Vartika’s writing continued through the college days in the campus journals and sometimes through the young writers’ meets. By then it had evolved into words that were sensitive but also sharp. She was writing more about social impacts, such as the incidences of rape, dowry deaths, gender prejudice, lawlessness and others. Some of them were published in the national dailies and online forums engaged in serious discussion about these issues. The turning point came when she started receiving encouraging letters from the readers. This motivated her that there are many who think like her and most importantly, her pen is making an impact. Like a reader wrote, ‘I am the father of a boy and I read your article ‘The Mother of a Daughter.’ Thank you for an uncensored narrative of a mother’s fears. We need to read more of this more often.’

Shrutidhora P Mohor, had her debut with her autobiographical novel The Unknown Script which is a story of a young professional woman’s journey in life. Two of her next writings, both long stories, went on to take her ahead into the world of literature by clearly establishing her preferred genre as literary fiction with a strong element of politics and shades of romance in it. Of these two, Twenty Three Summers remains her most-read, most-loved work, blending the political dispute in Kashmir with a same-sex love story. The other one, Showing Results: Zero of Zero is a futuristic dystopian tale of a reclusive man and his possible encounters with alien life and the utterly real consequences of that in a digitised, virtual existence of mankind. Set in India of 2049 it is a story that silences the din and bustle of our wearily repetitive, social mediatised lives with a truth that is simple yet disturbing.

The next publication has been Where the Sky Feels Cold, a novella resituating the much-adored couple Sudarshan and Rukhi in an intensely conflictual politically destabilised contemporary India of 2019. Making a renewed use of the ‘political’ in her writings Mohor went on to pen a long story called Nefeli and Us: A Story of Love from the Past which got converted then into a graphic novel. A unique piece of work, it is a continuation of her tradition of writing which takes a serious look into even more serious questions of identity and rights through the lens of fiction, this time going back thousands of years into the Greek city-states of the classical Hellenic times.

Her latest single title The Last Gift is once again a novella in which Mohor explores postmodernist story-telling (taking advantage of her academic background, her professional competence, and her disciplinary base as a student of Political Science) by writing a story of perplexing interactions between an author-mentor and an author-disciple of his which tear apart metanarratives and the framework of sequence/ chronology of story-telling.    

Sofia Naznim is a corporate strategist, author, blogger, and influencer from Kuala Lumpur, Malaysia. While speaking to her she says, “I have always wanted to be an author from the first day I discovered that my ultimate passion is writing when I was thirteen years old! It took me seventeen years to fulfil my ultimate dream which is becoming an author. It didn’t happen overnight or in a short period of time. The journey was interesting yet challenging and full of obstacles. I truly believe that if we want to achieve something so hard, we need to fully prepare and work for it and be persistent no matter how tough the journey will be. Even though there were many trials encountered in my journey, I still persevere and work hard to pursue my dream. I’m happy that I stayed true in what I truly believe in, didn’t give up and endeavoured towards achieving my goals.

I seriously began sharing my articles with people when I was twenty five years old. From there onwards, I have written more than three hundred articles along with the creation of my own website with stories, and reviews. In October 2020, I finally released my first motivational book, “A Book of Life (ABOL)“. ABOL will take you in the deep journey of enlightening you to find your motivation and inspiring you to be a better you. ABOL is available in Paperback and eBook now on Amazon, Kindle, Google Play, Ukiyoto, showcased at Frankfurt Buchmesse both in online as well as paperback formats! May all us can make a difference in our lives, the life of others and other beings too by reading ABOL.”

Harish Muralidhar, a twenty-five year from India published his book, “What is Justice?” in December 2020 and has since then been on several interviews and panels speaking about his book. Harish believes Quotes can bring a drastic as well as a positive change in one’s life and they have helped him overcome difficult circumstances in his life, which was what made him come up with his first book “52 Quotes to Change Your Life.”

“I have always had the passion to write from my school days but never dared to choose it as a career. But after I started my business, I decided to spare some time for my passion and lockdown has also helped to finish my book quickly. As previously stated writing is not a full-time profession for me at this point in time, I have always motivated others to follow their passion without compromising their profession, which would give them immense satisfaction.

Watching the news and movies which revolves about the crime and tragedy in the world has affected me deeply and I wanted to bring awareness to the world about it, so I decided to write a crime fiction book which is my second book named, ‘What is Justice?’, which is a crime thriller.”

Ethel Da Costa, an award winning Lifestyle Journalist, former Editor and Radio Head, an International Lifestyle Influencer, a global nomad, a seeker of truth and love released her book, The Stiletto Foodie — A Blog Binge in Malaysia (on 1st January 2021) which is her own discovery of self and soul in Malaysia through food. She had showcased twelve culinary ambassadors who she believes represent their own journey and their expression of self through the food they create and showcase to the world.

“I feel there is a series coming out from this title since there is so much more to write on food and the food of Malaysia. In fact, food of the different countries I hope I travel through. It’s so exciting.” says Ethel.

Ethel has been on this journey for the last thirty years with a multi-faceted media career that has taken her all over the world. One such journey brought her to Malaysia in November 2019 invited by Malaysia Tourism. They invited her back again in February 2020 when she decided that she was going to heed the call of Malaysia; hence returned in March 2020 and is now currently based in Kuala Lumpur. Meeting talented chefs and their experiences and journeys made a deep impact on her.

“It brought me home to myself. The more I got to know the soul of Malaysia, the more I was experiencing healing and a freedom, a letting go, which also evolved into food blogs. A very intimate journey exists between the food and emotions. The gift of words is my vocation. There is a purpose to this gift. I’m just honouring it here on my time on Earth.”

About Ukiyoto Publishing:

Conceptualised amidst the Wahiba Sand Dunes in Oman in Jan’19 with the idea of nurturing creative talent worldwide, Ukiyoto today has reached more than 2,000 authors and writers publishing books in both digital and print formats. Paperbacks and hardbacks have been physically shipped to more than 50 countries worldwide including places such as Tunisia, Israel, Russia, Dominic Republic and many more. With its upcoming launch of Ukiyosk, an Augmented Reality enabled platform, Ukiyoto promises to integrate technology with creativity and populate flipbooks (paperbacks in digital formats) with mass visibility across the globe.

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Filed Under: Uncategorized Media OutReach, singapore 99 year lease, singapore 10 year bond yield, publishers singapore, singapore new year, singapore 10 year government bond yield, start book publishing company, singapore 50 years ago, time publishing singapore, internet starting year, start music publishing company, starting music publishing company, partridge publishing singapore

Building a future of inclusive finance

February 10, 2021 by www.vir.com.vn

What should be the development priorities for the country in 2021 to build on the successes of the previous 12 months?

Senior economist Nguyen Tri Hieu

All the free trade agreements (FTAs) Vietnam has inked with foreign partners in recent years have opened new doors to global markets, helping to widen export potential. These markets are demanding, so our success in clinching these agreements is just the first step. More important is how Vietnam can avail of the advantages these new-generation FTAs can bring, such as tax advantages and the ease of exploiting market potential.

To be eligible for such advantages, Vietnamese goods must be of high quality and be on par with the requirements set in these agreements, as well as customers’ taste in these markets. Our major exports like coffee and rice have established a reputation in the global market, however there are technical barriers (in healthcare or in food sanitation, for example) that in many cases our products still fail to meet.

The government has set forth major guidelines for development moving forward, where security, national defence, and international cooperation and integration are taken into consideration. The signing of the FTAs paves the way for our country to meet a high level of these considerations. Ushering in a new development period, the government has given birth to a very concrete action plan that is set to bring Vietnam’s economy to new heights.

In the past year, Vietnam has successfully accomplished the goals of containing COVID-19 and achieving positive economic growth. These factors will lay the bedrock for our continued development and pushing up international integration in successive years. In addition, the launching and development of 5G is expected to bring Vietnam’s mobile communications traffic to a new level with high volumes, enabling smartphone users to grab information more swiftly and efficiently.

How can the efficient implementation of the amended versions of laws on investment, enterprises, and securities be ensured?

The amended laws, which came into force in 2021, aim to facilitate development of the stock market and investment market, but set new rules for market participants. That means while they are supposed to continue to support businesses, they are designed to create a stricter legal corridor to regularise the markets..

As the country’s economy evolves, legal mechanisms must adapt to the market and provide clear and concrete guidance for enterprises to follow, while eliminating overlaps and outdated regulations.

To join the new playing field, firms must strictly comply with these regulations. We all know that economic activities, once governed by strict regulations, could ensure a fair competition between diverse economic sectors, and that is a prerequisite for development.

One of the essential matters to ensure the effective enforcement of these laws is that the relevant admin agencies that implement the laws – such as the Ministry of Industry and Trade, the Ministry of Planning and Investment, the State Bank of Vietnam (SBV), and tax authorities – must craft particular action programmes. The government’s supervisory office should be continuingly tracking the performance by these administrative agencies and alert the agencies for any irregularities and obstacles.

As government changes now take place, the new administration needs to present a report by the end of the year showcasing to policymakers and people what we have achieved with the laws, what the shortcomings are, and which contents need to be supplemented to have practical views on whether these revisions could bring the expected results.

One of the most outstanding points in the domestic market in 2020 was the intensified appearance of mobile money services. What are the challenges to be resolved to promote these services and ensure the market’s healthy performance?

Several leading telecom groups including Viettel, MobiFone, and VinaPhone were green lit by the government to come up with mobile money services through acquiring intermediary payment licenses. This means a large proportion of the population in rural areas who are still unbanked can now carry out transactions if they have a smartphone and deposit some money on their accounts opened by these groups.

These mobile money services can be deemed digital money as it could be used for business transactions. This, however, also poses a risk of “money creation” outside the banking system. Until now only the central banks and commercial banks are allowed to “create” money.

Now, telecoms companies may be able to give any credits to their customer’s account and their customers may use these credits to pay for purchases – and so the telecoms companies are in fact given the ability of “money creation”.

Of course, we may expect that any credits are equivalent to the money their customers give to them or deposit. In that case it is balanced out, and there is no money creation. But what kind of control needs to be in place so that the telecoms companies don’t abuse the ability is the crucial issue the banking authority needs to consider.

Further, we must ensure that the telecom groups must not use deposited money for any other purpose, other than to settle customer purchases. Any company may utilise short-term investments including intra-day investments where the money flow returns at the end of the day but such investments may risky by essence.

If telecoms firms use money deposited by their customers for such investment, they are exposed to potential losses. Regulations should be in place to prevent the telecoms companies from being engaged in such transactions.

I do believe all telecoms groups are overseen by the government and strictly adhere to the law, but the problem is we must have in place a proper supervisory mechanism and I do not see that at this point at time.

Vietnam’s financial landscape has seen the strong emergence of foreign exchange trading floors, meaning colossal risks to investors. What is the state of the current operation of forex trading floors in this country?

Scores of forex trading floors have sprung up around Vietnam in the past year that invite investors with very tempting profits that may be 10-fold higher than bank rates. Such trading floors are often fraudulent, however. They secured people to participate with high profits and security against losses. They actually pay their investors with profits as promised but when investors invest in a big sum, they cause the forex floors to collapse.

The victims can do nothing in the absence of legitimate contracts, and so this mandates prudent consideration by the central bank and the MoF.

In fact, albeit some trading floors – some functioning as information portals – are based in Vietnam, all the transactions occur outside the country’s territories. For example, these platforms for forex trading can claim they are part of UK-based exchanges. Vietnamese people can do business transactions in the UK through the Vietnamese-based platform. The payment can be processed through customers’ credit cards in foreign currencies and the procedure seems legal as it appears not to impinge on regulations on forex trading.

The operation of such a forex market would raise a question as to whether their operation is legal or not, especially if Vietnamese participants transact only in foreign currencies and have nothing to do with VND, and they pay for their currency purchases with credit cards.

To increase the appeal of Vietnam’s stock exchanges, how can foreign-invested enterprises be encouraged to participate?

Most foreign firms receive capital injections from their parent companies or from foreign financial institutions, which is their advantage. They therefore are not as much reliant on local capital sources compared to Vietnamese ones. Partly foreign-owned firms may consider listing on a bourse once having a certain volume of potential local shareholders.

We should encourage foreign companies to move into the stock market because in doing so they will need to ensure information transparency and this will bring benefits to both shareholders and investors.

We know that many such enterprises operating in Vietnam have relations with overseas companies which also export their products to Vietnam. Through trade agreements, we may encourage these overseas firms to not only sell products to Vietnam, but also support their subsidiaries here to go on the bourse to participate in Vietnam’s financial market.

In addition, relevant government agencies and ministries would help firms go on the bourse here, wading through a complexity of procedures and legalities. With simpler procedures, foreign firms may participate in the stock market more vigorously.

Filed Under: Uncategorized finance, FTAs, COVID-19, Vietnam, Money, buildings of the future, building for the future, future buildings, building future, future finance, inclusive finance, Building the Future, future of finance, Build the Future, building futures, finance future, futures finance

Vietnamese graphics’ journey reflected through three generations of painters

January 24, 2021 by en.nhandan.org.vn

Not merely a gathering of artworks by three painters who present three generations, the exhibition is like a sketch of the development of the sector that helps viewers know more about the contributions made by Vietnamese graphic artists in the past and present time. Over 50 exhibits, mainly visual graphics, have highlighted their uniqueness and creative ideas both in content and form. They expressed their views, distinctive expressions and characteristic styles.

Artist Tran Nguyen Dan (1941), former Deputy Director of Vietnam Fine Art Museum, who has showcased many artworks at exhibitions in the country and abroad, was honoured with State Award for Literature and the Arts in 2007. His paintings are rustic and true to life with diverse contents reflecting nature, landscapes and the daily life of people in rural and urban areas around the country. The artworks such as Hoi An Ancient City, the Bac Ha rural market, Ben Duc and Huong Pagoda are imbued with traditional folklore and national identities while reflecting surreal and spiritual features. They are quite monumental with large arrays of space. However, the details are harmonious and compact. The painter has devoted his whole career to graphic art, leaving in an indelible mark on Vietnamese fine arts.

Viewers always feel the academic style in both expression and graphic depiction as well as full emotions and reason of the late painter Le Mai Khanh in her artworks. Born in 1952 and died in 2017, the late painter left many impressive works that expressed her emotional, compassionate, and intellectual spirit. Her paintings are very ordinary but rich in emotions, containing profound outlooks on life. In her bronze, zinc and wooden engraved paintings, the landscape, people and daily life were reflected through clear and definitive lines with harmonious colours in a space blending super real and present. They are images of the railways, the spaces under the bridges, the boat docks, and the familiar symbols in water puppetry performances. Notably, Le Mai Khanh’s paintings always depict modern features that proved the contributions made by Vietnamese graphic arts to the world’s graphic arts.

As a student who followed the graphic career of late painter Le Mai Khanh, painter Pham Khac Quang (born in 1975) focused on highly expressive graphic works with new ideas both in structure, shades of light and shapes. He has always searched for new directions and used new materials to express familiar content, bringing a multidimensional perspective and feelings. He shared: “Art has no limits and no destination. Art is a journey for us to take. Creativity is always changing, as are artists who always desire that the new will come to them”.

The exhibition contributed to honouring the creations and contributions made by graphic painters through a collection of artworks by three painters who represent three generations. In the coming time, Lunet Art will create similar spaces for talented artists, towards seeking new opportunities for artists to develop their career. So far, Lunet Art successfully sponsored many impressive exhibitions with high art values, receiving great support from artist and art lovers.

Filed Under: Uncategorized vietnam news, vietnam business, vietnam travel, vietnam culture, vietnam sports, vietnam politics, hanoi, saigon, ho chi minh city, apec, da nang, hue, hoi an, ..., graphic novel generator, 7 generations graphic novel pdf, 7 generations graphic novel summary, graphics generator text, graphic font generator, graphic logo generator, graphical text generator, graphics generators, online graphics generator, text graphics generators, text graphics generator, graphics generator free

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