President Nguyen Xuan Phuc (L) and Japan ese Prime Minister Kishida Fumio at the talks in Tokyo on September 26 (Photo: VNA) Tokyo (VNA) – President Nguyen Xuan Phuc had talks with Japanese Prime Minister Kishida Fumio in Tokyo on September 26 as part of his stay in Japan to attend the state funeral for former PM Abe Shinzo. On behalf of the Party, State, and people of Vietnam, President Phuc offered his deepest condolences to the Liberal Democratic Party, parliament, Government, and people of Japan, along with the family of Abe, who he described as a “close friend” of the Vietnamese leaders and people. He affirmed that Vietnam’s leaders and people cherish former PM Abe’s sentiment towards and significant contributions to the two countries’ friendship and cooperation. Vietnam always treasures the extensive strategic partnership with Japan, views Japan as an important and long-term strategic partner, and supports the latter in actively contributing to … [Read more...] about Vietnamese President, Japanese PM hold talks in Tokyo
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Apart from the 20 participating organizations and associations, the event also brought together Vietnamese people working and studying in France, and foreign friends. In his remarks, Ambassador Dinh Toan Thang highlighted the role of the friendship and solidarity associations in the past struggle for national liberation as well as the present cause of national development. He urged them to participate in major events in the bilateral relations in the time ahead, including the celebration of the 50th anniversary of the Vietnam - France diplomatic ties, and 10 years of the signing of their strategic partnership. Vice President of the Vietnam Union of Friendship Organizations (VUFO) Nguyen Van Doanh affirmed that Vietnamese always bears in mind the support of French people. He also lauded contribution of French organizations and associations, especially the France - Vietnam Friendship Association, to the solidarity and friendship between the two countries. On this occasion, … [Read more...] about Organizations, associations contribute to Vietnam – France relationship
At a VIR talk show last week on the role of buy now, pay later (BNPL) in shaping the future of retail payments, experts agreed that fast verification and credit-based payment with no interest are the biggest selling points of BNPL, in the context that fintech and online shopping are booming. Michal Skalicky, chief customer officer of Home Credit Vietnam, said that there are only three steps to register for Home PayLater: online registration with a copy of an ID card, a selfie, and online contract completion. “Unlike traditional instalment payment schemes that require customers to provide a bewildering array of documentation such as ID cards, household registration documents, bank statements, and others, Home PayLater services offer a simple and fast BNPL registration option that maximises the advantages of digital technology,” Skalicky said. “The application is then automatically processed without having to wait a long time for results.” According to Nguyen An Son, head … [Read more...] about BNPL services open up e-commerce options
The BNPL fintech segment has promising, new prospects in Vietnam. What is the biggest challenge of BNPL? Nguyen An Son, head of Project Development for the Centre for Informatics and Digital Technology at the Ministry of Industry and Trade’s Department of E-commerce and Digital Economy Consumers using BNPL payments, similar to instalments via credit card or through financial companies, are consumers who borrow an amount equivalent to the value of the item and then repay it. A payment is committed between the consumer and the bank or a financial company. The difference here is that because traditional payment services often do not have enough data, they can only verify the borrower through the documents they provide, such as proof of income or property. BNPL uses a large database to score consumers for that loan. The larger the database, the more accurate the scoring. The emergence of this new form of payment will contribute to making the market, especially the … [Read more...] about Growing the adoption of BNPL providers in Vietnam
Along with attending the Transforming Education Summit, Son had meetings with the U.S. Secretary of Education and representatives from the World Bank, Microsoft and New York University. He also had a working session with President of the U.S. Educational Testing Service (ETS) Amit Sevak, and held a Vietnam - U.S. education cooperation forum that drew leading U.S. educational organizations. Participants at the event discussed major cooperation issues in education-training between the two sides. On the sidelines of the forum, the minister had a meeting with leaders of College Board - a global non-profit organization connecting students to universities and career opportunities. College Board Vice President Rushi Sheth said that the number of Vietnamese students joining the advanced placement program has increased 219% since 2018, while those taking SAT tests rose 45%, showing the increasing demand for international education programs. He said that online SAT tests are likely to be … [Read more...] about Vietnam seeks stronger education partnership with U.S.
This was the first time the tournament has been held for students aging from 10 to 17 who are passionate about robotics across the country. This year’s tournament attracted the participation of 58 teams. Participating teams competed in many categories, such as Teamwork Challenge, Remote Control Challenge (Driving Skills Challenge), and Programming Skills Challenge. Especially, the organizing panel worked directly with the organizers of the VEX Robotics World Championship in the U.S. to make this tournament in Vietnam meet the international standards of the Robotics Education & Competition Foundation (REC). Accordingly, Excellence Award went to a team from Edison Schools, while STEAM Wass 03 team from Western Australia International School (Ho Chi Minh City) won the Technical Judge Award, Switch and Mejor Grupoo teams bagged team award, and Gang Thep Xanh team (Gang Thep High School) received Social Media Award. Besides, the winners will participate in intensive training … [Read more...] about Winners of National Robotics Tournament 2022 awarded