At the event (Photo: VNA) Hanoi (VNA) – A webinar entitled “Revival under the ‘New Normalcy’: Hong Kong-Vietnam Partnership” was held recently to seek ways to bolster trade cooperation and investment between Vietnam and Hong Kong (China). The event, jointly held by the Ministry of Industry and Trade of Vietnam and the Commerce and Economic Development Bureau (CEDB) of Hong Kong, was to help businesses of the two sides connect, find cooperation chances and ease negative impacts of COVID-19. Speaking at the event, Deputy Minister of Industry and Trade Tran Quoc Khanh underlined that the holding of the webinar amid the COVID-19 pandemic is necessary to share difficulties and seek solutions and orientations to support trade and investment activities of Vietnamese and Hong Kong firms. Hong Kong is an important partner of Vietnam and the two sides have ample room to step up cooperation and tap on advantages of each economy in the coming time, especially advantages Vietnam has … [Read more...] about Webinar looks to bolster Hong Kong-Vietnam partnership amid COVID-19
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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 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
HCM City’s Củ Chi District again welcomes visitors after a long period of social distancing because of the COVID-19 pandemic. — Photo vietnamnet.vn HCM CITY — People in HCM City will be allowed to travel if they have received a second dose of a COVID-19 vaccine at least two weeks earlier or were infected and recovered from the disease. The city Steering Committee for COVID-19 Prevention and Control has listed this among safety requirements for tourists to allow tourism businesses to resume operations. They apply to accommodation establishments, tour operators and outdoor tourist attractions though only in areas deemed to be at low risk of COVID infection. The businesses need to meet all 10 safety criteria issued by authorities, and failure to meet even one will result in closure. They must provide hand disinfection products and a convenient hand-washing place with clean water and soap for both staff and tourists. All surfaces touched by people should be disinfected and … [Read more...] about HCM City to allow fully vaccinated tourists to revive travel industry
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 digitalisation and technological transformation are speeded up during the COVID-19 pandemic. (Source: VNA) Hanoi (VNS/VNA) - The COVID-19 pandemic does not slow down technological transformation or digitisation, but in fact speeds them up, companies said. Speaking to Vietnam News , Angus Liew, General Director of Gamuda Land Ho Chi Minh City, said: “ Digitisation is the future of mankind, not only for real estate but also for all other business sectors, and people’s lifestyles as well. It’s an irreversible trend. Nowadays we can see everyone is talking about AI, industry 4.0, etc.” Technology was the backbone nowadays and governed every aspect of doing business, from operational systems to mechanisms to interact with customers. His company had put a lot of efforts and resources into developing technology and innovation. “ Technological transformation is one of our top priorities,” he said. Soon, possibly in the first quarter of 2022, Gamuda Land Vietnam … [Read more...] about Pandemic speeds up digitisation, technology transformation