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Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive

May 18, 2022 by bizhub.vn

Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta in San Francisco as part of his trip to the US. — VNA/VNS Photo Duong Giang Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta and other leading officials of Microsoft. During the talks, PM Chinh congratulated Microsoft on its successes in recent times and its implementation of a digital transformation programme globally, including in Viet Nam. He said he hopes Microsoft will effectively implement its programmes in Viet Nam and contribute recommendations to help Viet Nam effectively implement its digital transformation programme and build a digital government, a digital society, and digital citizens. The Prime Minister said that Viet Nam has established a National Committee on Digital Transformation, chaired by the Prime Minister, to promote the building of … [Read more...] about Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive

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Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders

May 18, 2022 by vietnamnews.vn

National Assembly Chairman Vương Đình Huệ and his Singaporean counterpart Tan Chuan-Jin held talks in Hà Nội on Wednesday. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Speaker of Singaporean Parliament Tan Chuan-jin and Chairman of Vietnamese National Assembly have agreed that successful economic cooperation will elevate bilateral relations during the official talks on Wednesday in Hà Nội. The Singaporean parliament leader is in the capital for a three-day visit on the invitation of his Vietnamese counterpart. NA Chair Huệ said the ‘miraculous development’ of Singapore with the wise vision of the leadership and the aspirations of the people are always a source of inspiration to Vietnamese leadership and people. Amid complicated regional and global geopolitical, economic developments, the two countries should tighten relations, including between the legislations to contribute to the advancement of the Strategic Partnership. Speaker Chuan-jin said his visit to Việt Nam is a chance for … [Read more...] about Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders

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Livestock companies profit hit by rising animal feed prices

May 19, 2022 by vietnamnews.vn

Customers buying MEATDeli, a product of Masan MEATLife, at a Vinmart+ store. — Photo thitmatmeatdeli.com HÀ NỘI — Higher animal feed prices have eroded livestock companies’ profits in the first quarter of 2022. VNDirect Securities Corporation said that the Russia-Ukraine conflict had a negative impact on the animal feed industry as supplies of raw materials for animal feed production like corn, soybeans and wheat, are disrupted, causing prices to rise sharply. The two countries are respectively the world's leading and third largest wheat exporter, accounting for one-third of the total trade of this commodity. Besides, Ukraine is the second largest corn exporter, accounting for 22 per cent of the world turnover. As of early April, the price of imported corn at Cái Lân port, Quảng Ninh Province, reached VNĐ9,200-9,500 per kg (US$0.4-0.41 per kg), an increase of 20-25 per cent compared to the end of 2021 and up 50 per cent over the same period last year. The average price of … [Read more...] about Livestock companies profit hit by rising animal feed prices

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Vietnam Blockchain Association officially established

May 18, 2022 by ven.vn

According to Decision No. 343/QD-BNV approved by the Vietnamese Ministry of Home Affairs on April 27th, 2022, Vietnam Blockchain Association was established. The inaugural ceremony was held on May 17th, 2022 in Hanoi. It marked the official start for the Association, announced its official Executive Committee, and the principles and the directions for future activities. The focus of the event was on the series of Action Programs that promote blockchain technology's application in a digital economy and leverage Vietnam's position on the global technology map. The Action Programs aim to bolster the research and application of blockchain technology solutions to every economic aspect. Vietnam has witnessed the rapid introduction and development of Blockchain technology in recent years. As the number of enterprises, researchers, and engineers pursuing the technology increases, the need for connection, collaboration, sharing, and support also increases. Therefore, an official … [Read more...] about Vietnam Blockchain Association officially established

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Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB

May 18, 2022 by hanoitimes.vn

Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB

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Institutional reforms key to reaching high-income status

May 19, 2022 by vietnamnews.vn

Speakers at a conference discuss how improving institutional performance can help Việt Nam achieve its target of reaching high-income status in 2045. — VNA/VNS Photo HÀ NỘI — Việt Nam must seek to adapt its economic growth model while drastically improving the Government's capacity to coordinate and implement economic policy reforms and public investments to realise its objective of reaching high-income status by 2045, said a recent World Bank (WB) report. The report emphasises the major challenges faced by Việt Nam's traditional growth model during the COVID-19 pandemic, slowing globalisation and the Southeast Asian economy's increasing vulnerability to external shocks, especially climate risks. The key to addressing said issues, according to WB, is for the country's institutions to adapt and improve. “Việt Nam's GDP per capita has increased fivefold over the past three decades, while its institutions have not adapted at the same speed since the Đổi Mới (Renewal) course of … [Read more...] about Institutional reforms key to reaching high-income status

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