Unlike traditional banks, the digital banks allow customers to carry out the majority of regular banking transactions online via the internet. Instead of having to visit a bank branch or office, their transactions are digitised and can be done online, from applying for a new bank account to opening a savings account and getting an overdraft. … [Read more...] about Experts tell Govt: Foster domestic virtual banks before foreign invasion
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Vietnam seeks to avoid middle-income trap before time runs out and population ages
A study by the Asian Development Bank (ADB) in 2018 found that the average time a country needs to go from a lower average country to a high income country is 30 to 40 years. After the ‘golden period’ finishes, if the income of a country doesn’t increase, it will be officially be seen as falling into the middle-income trap. … [Read more...] about Vietnam seeks to avoid middle-income trap before time runs out and population ages
ABB supports the largest floating solar power complex in Southeast Asia
Tam Bo solar plant Mr. Ho Minh Tien, CEO of TOJI Group shared: “The project had a very tight schedule, therefore, delivery time was very critical. ABB’s local manufacturing facility shortened the lead time and allowed us to have equipment at site within the expected timeline. In addition, with all equipment in sets, we were able to minimize installation time, minimize risks on site and reduce costs, while ensuring international standards in quality and safety." … [Read more...] about ABB supports the largest floating solar power complex in Southeast Asia
