Digitalisation

Hanoi (VNA) - Smart planning plays a key role in developing smart cities, experts told a workshop held in Hanoi on October 22 within the framework of the ASEAN Smart Cities Summit and Expo 2020. According to Deputy Minister of Construction Nguyen Tuong Van, experience gained from other countries reveals that a city cannot “go smarter” without smart planning and effective tools to manage the development of urban areas based on such planning. The construction ministry’s draft strategy on urban area development to 2030 and vision to 2050 highlights that the building of smart cities is important in turning Vietnam into a modern and industrialised nation with high incomes by 2045, he said. Despite its damaging impact, COVID-19 has opened up opportunities to raise awareness among urban authorities about the significance of technology in day-to-day life, Van said, and this creates the premise for the development of smart cities in Vietnam and ASEAN as a whole. Meanwhile, … [Read more...] about Smart cities need smart planning: Experts

Hanoi (VNS/VNA) - Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has reported big earning gains in January-September to keep performing well amid the challenges caused by the COVID-19 pandemic. Techcombank reported a total pre-tax profit of 10.7 trillion VND (462.6 million USD) and a total revenue of 19.3 trillion VND in the past nine months, up 20.9 percent and 33.5 percent year on year. The post-tax profit in the nine-month period was up 20.6 percent to 8.6 trillion VND. At the end of September, return on assets (ROA) ratio was 3.0 percent and the capital adequacy ratio (CAR) was 16.7 percent. “Our robust capital and funding positions have enabled us to support our customers and weather the difficult operating environment this year,” Techcombank CEO Jens Lottner said in a statement. “As we look towards the end of 2020 and beyond, we are cautiously optimistic that the impact of COVID-19 has peaked and that proven preparedness of the … [Read more...] about Techcombank posts robust earnings gains in 9 months

“I’m delighted to work at the clinics and study online simultaneously. Thanks to those educational webinars from GE Healthcare, not only can I gain useful knowledge to daily work, but also have the opportunity to take a CME test,” said Dr. Hoa Huynh from Careplus Clinics in Ho Chi Minh City. “I am really pleased with the learning experience and the results I got. Definitely, I will support and take part in more educational webinars like this.” … [Read more...] about Managing healthcare surges through digital advancement

Peter Barcak, CEO and founder of CredoLab "Despite the obvious slowdown caused by COVID-19, we have already seen a significant shift from physical originations to digital ones and an increased appetite in using alternative sources of data,” said Peter Barcak, CEO and founder of CredoLab. … [Read more...] about CredoLab raises $7 million in Series A funding

Digital transformation is not only technological transformation, perhaps more importantly, it is transformation in the design mindset and micro- and macro-level policy formulation. Things that are acceptable today may not make the cut tomorrow and will have to be quickly changed. … [Read more...] about Full steam ahead with digital transformation