After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam? On September 21, The Sherpa, a subsidiary of Masan Group Corporation, announced an investment of $13 million to acquire a 70-per-cent stake in mobile virtual network operator (MVNO) Mobicast and officially expand to the telecommunications sector. This is Masan's first step into the digital services sector. Mobicast's services target tech-savvy customers with great demand for data usage and digital lifestyle. As a result, the startup can help Masan to complete its offline-to-online offerings of necessities and financial services. An MVNO offers a fast and cost-efficient system to build transmission and reception network infrastructure. Besides this, an MVNO is considered a catalyst for competition in the mobile telecommunications market. MVNO players will develop value-added services on mobile devices, helping to improve quality and diversify experiences. It is estimated that necessities … [Read more...] about After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam?
The inevitable thirst for talents in digital transformation is everyone’s business According to a 2018 survey of the International Data Corporation, the digital transformation is a must-have keyword in the development strategy of many businesses. Along with that, the pandemic has become a catalyst forcing enterprises to step up their digital transforming applications as they had no other choices but to work, connect, and manage their workforces remotely. Numerous companies have reshaped their operations by implementing technology in every department and getting used to the online data system to cope with this new reality. However, some people missed a crux of the whole problem – the pressure upon the IT department, in which the software and system developers play a vital role in the smooth operation of businesses during the digital transformation. That leads to escalation in the already high demand for talents in this field, turning it into a talent thirst in the HR system. … [Read more...] about Navigating the acute talent shortage for digital transformation
An employee opens the door for customers at a store of FPT Corporation (FPT). FPT lost 1 per cent Tuesday. — Photo FPT Viet Nam's stock market finished lower on Tuesday on strong selling force from both local and foreign investors. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 0.79 per cent, to 1,339.84 points. The market's breadth was negative with 126 stocks increasing, while 275 stocks declined. The VN-Index had lost 0.16 per cent, to close Monday at 1,350.48 points. Investors poured over VND23.4 trillion (US$1 billion) into the southern bourse, equivalent to a trading volume of nearly 860 million shares. The VN30-Index, tracking the 30 biggest stocks in market capitalisation on HoSE, posted a loss of 0.85 per cent, to 1,446.22 points. Of the VN30 basket, four stocks climbed, while 25 slid. “With the market recovering when hitting the support level of 1,330 points, VN-Index is likely to still move around 1,350 points in the next trading … [Read more...] about Shares drop on strong selling force
The contract was inked with a joint venture between Viet Nam’s Song Da Corporation and Nepal’s Kalika Group. — Photo evn.com.vn Viet Nam’s Power Engineering Consulting Company 1 (PECC1) on Monday signed a contract to provide assessment and design services to Tanahu hydropower project in Nepal. The contract was inked with a joint venture between Viet Nam’s Song Da Corporation and Nepal’s Kalika Group. The Tanahu project aims to meet power demand particularly during dry winter months, minimise fossil fuel-based power generation, stabilise Nepal's electricity supply system, and reduce transmission losses. Under the freshly signed deal, PECC1 will update and assess hydrometeorological conditions; and perform technical design and construction drawing for a series of items, including a 140m concrete dam, the highest of its kind in Nepal to date, and a spillway to discharge flood water. Speaking at the ceremony, PECC1 General Director Nguyen Huu Chinh said the event marks a … [Read more...] about Viet Nam’s power company seals contract for hydropower project in Nepal
“Vaccination is just half the challenge amid the current surge of the Delta variant.” An enhanced and comprehensive approach to reconfiguring critical care in hospitals and at home will be important to Viet Nam’s re-opening roadmap and plan for life with Covid-19, stated Gareth Ward, British ambassador to Vietnam in a webinar held yesterday. The workshop, jointly organized by the British Embassy in Vietnam and the UK’s National Health Service (NHS) Consortium for Global Health, was an opportunity for health experts to exchange knowledge on reconfiguring critical care in the hospitals and community in response to the Covid-19 surge. Health experts of the UK and Vietnam attended the webinar . From the UK perspective, ambassador Gareth said, a comprehensive strategy would help to reduce the pressure on hospitals, protect the health system and support economic resilience amid the pandemic. “Vaccination is just half the challenge,” affirmed the diplomat. … [Read more...] about Covid home treatment – a solution for Vietnam to safely live with Covid-19: UK experts
Vietnam is racing against time to vaccinate people in order to soon reopen the economy in affected areas. Vietnam’s Covid-19 cases have reached 707,436 as of Sept. 21, including 67% have recovered, statistics by the Ministry of Health showed. Military medics are important in the pandemic fight in Vietnam. Photo: VNA The total infections were mostly detected in Ho Chi Minh City (49%), Binh Duong (26%), Dong Nai (5%), and Long An (4%). The death toll hit more than 17,000, including 76% in Ho Chi Minh City. The number of average daily infections in Vietnam was 10,330/day over the past week while the number of deaths was 229/day during the week. As the transmission is widespread, Vietnam is racing against time to vaccinate people in order to soon reopen the economy in affected areas. So far, more than 35 million vaccine doses have been administered, including nearly seven million people are fully vaccinated. To get as much vaccine as possible, the country … [Read more...] about Today’s Covid News: Vietnam’s coronavirus infections surpass 700,000