The eighth edition of the biennial World Cities Summit returned to a fully in-person conference format at the Sands Expo and Convention Centre in Marina Bay Sands after a largely virtual summit last time out. At the event, numerous examples were outlined of global cities responding to urban challenges in terms of how to be more resilient, sustainable, and cohesive. The theme of this year’s summit, “Liveable and Sustainable Cities: Emerging Stronger”, was crafted to reflect the urgent and important imperative that economic growth can no longer be pursued at the expense of climate change and environmental degradation. Maimunah Mohd Sharif, executive director of the UN Human Settlements Programme said at the summit that the world has had enough policies, strategies, and innovations. “What we are lacking are actions and we need to act now. This is the time to support multilateralism,” Sharif said. “The pandemic woke us up to really look at the design and focus on housing, climate … [Read more...] about Building cities fit for human needs
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Mastercard commits to support Viet Nam to realise cashless economy
Expert shares insights and expertise in the market and consumer trends at the Mastercard Customer Forum 2022 in Viet Nam on August 10. — Photo courtesy of Mastercard Mastercard committed to supporting Viet Nam to drive a strong recovery post-pandemic and toward a cashless society at the Mastercard Customer Forum 2022 in Viet Nam on August 10. The event aims to connect Mastercard with its strong network of local financial institutions and issuers, as well as prestigious experts and guest speakers in new finance and payment services. The forum has helped sketch the big picture of the current payment landscape, drawing how Mastercard and its key partners join hands to increase payment capability and better serve the population of 100 million people in Viet Nam. At the event, experts from Mastercard, Thales, Moneythor and Ampverse shared insights and expertise in the market and consumer trends, the role of technology in the country’s future, and the outlook for Viet Nam’s … [Read more...] about Mastercard commits to support Viet Nam to realise cashless economy
Cryptocurrencies show high risks
An event related to cryptocurrency was held in Ho Chi Minh City, attracting a great number of participants. (Photo: SGGP) It is not too hard these days in Vietnam to come across codes inviting people to sign up for an account on the Pi Network to dig for Pi (a kind of cryptocurrency). Some members even brag about using these Pis to exchange a motorbike, which is then proved to be fake. Besides the lack of transparency, Pi Network is considered unsafe by experts since Pis are born from a smart phone app, not Blockchain activities, which is valueless until now. Participants in this network are likely to face the risk of sensitive information leak as well. Sky Mavis – a startup of a famous Vietnamese CEO in the blockchain community thanks to the game Axie Infinity – was hacked and lost over US$600 million this March. A month late, Sky Mavis announced that cyber criminals tried to trick the company’s employees, and one fell into the trap. Hackers then took advantage of this weak spot … [Read more...] about Cryptocurrencies show high risks
☕ Afternoon briefing on August 10
Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 10. -The question-and-answer session as part of the 14th session of the 15th National Assembly (NA) Standing Committee started on August 10 with questions on issues under the management of the public security ministry. Opening the session which was broadcast live on national television and radio, NA Chairman Vuong Dinh Hue said that basing on proposals of 58 NA deputy delegations, the NA Standing Committee has chosen two groups of issues for the Q&A session – those under the jurisdiction of the Ministry of Public Security, and the Ministry of Culture, Sports and Tourism. Read full story - Minister of Public Security Gen. To Lam provided more information about the new passport version of Vietnam while fielding questions from full-time lawmakers at the 14th session of the National Assembly (NA) Standing Committee on August 10. He said the granting of the new … [Read more...] about ☕ Afternoon briefing on August 10
Vietnam Manufacturing Expo 2022 to open in Hanoi
Vietnam Manufacturing Expo (VME) 2022 will be held until August 12 at the Friendship Cultural Palace, 91 Tran Hung Dao Street, Hanoi. Vietnam Manufacturing Expo (VME) 2022, the international exhibition on industrial production, is underway for local manufacturers in mechanical and component manufacturing and supporting industries to seek partners and business opportunities. Products on displayed at the expo. Photo: Khac Kien The expo draws the participation of 200 domestic and foreign enterprises, especially those from North America operating in construction engineering, oil and gas, and automobile industries. It is expected to open up opportunities for small and medium-sized enterprises manufacturing components for export. Speaking at the opening ceremony on August 10 in Hanoi, Vu Trong Tai, Managing Director of RX Tradex Company, said that since 2020, the Covid-19 pandemic has wreaked havoc on production and threatened economic development around the … [Read more...] about Vietnam Manufacturing Expo 2022 to open in Hanoi