Bkav to launch low-cost cell phones By Van Ly The Bkav Smart Feature Phone 4G-C85 model. Local Internet security firm Bkav on June 10 announced its plan to manufacture low-cost phones – PHOTO: BKAV HANOI – Local Internet security firm Bkav on June 10 announced its plan to manufacture low-cost mobile phones priced at less than VND1 million. The production of the Bkav Smart Feature Phone 4G-C85 is aimed at supplying the local market with cell phones with 4G Internet connections at affordable prices. The economical cell phones are set to be rolled out in July. Unlike Bphone, which is a smartphone Bkav had earlier launched in the market and was designed in terms of style and software by the firm, the Bkav Smart Feature Phone 4G will be produced in the form of original design manufacturing. The new cell phones will run on the KaiOS operating system. To offer the Bkav Smart Feature Phone 4G at less than VND1 million, Bkav will join hands with a major telecom carrier to … [Read more...] about Bkav to launch low-cost cell phones
Cell phone v mobile phone
A new race down the line
A new race down the line By Bach Dong It is estimated that e-payment via cell phones is unavailable to 70-80% of the local population - PHOTO: THANH HOA The Prime Minister has endorsed the use on a pilot basis of telecom accounts for payments of digital content services and small-scale e-commerce. This move may pave the way for Internet service providers to penetrate deeper into the Fintech business. However, industry experts contend that it is advisable to identify as soon as possible the payment modes to be used by service providers based on which the relevant legal framework system is built. Since the detection of the CNC-led online gambling scandal worth trillions of dong last April, the Ministry of Information and Communications (MIC) has considerably tightened the management of scratchcards used to pay for digital content services. The strengthening has exerted marked effect on telecom companies and digital content providers with some claiming sales drops of up … [Read more...] about A new race down the line
To make sharing economy really fair
To make sharing economy really fair By Nguyen Quang Binh Soon after the first cars of the ride hailing service Uber started running in Vietnam’s key cities in 2014, this new type of transport quickly reigned supreme - PHOTO: THANH HOA The author of this article believes the sharing economy is the future of global prosperity. Still, it is necessary to pinpoint its shortcomings and remedy them. Soon after the first cars of the ride hailing service Uber started running in Vietnam’s key cities in 2014, this new type of transport quickly reigned supreme. It rallied supporters and faced opponents as well. So far, this business model has developed healthily, attracting both cars and motorcycles offering the services of already well-known brands such as Grab, GoViet, Be and Emddi. It is difficult to know exactly how many members there are in these fleets of “app-based taxis and motorbike taxis.” However, it is absolutely sure that the new business holds a powerful appeal … [Read more...] about To make sharing economy really fair
ASEAN leaders affirm deeper integration key to growth in Industry 4.0-era
Business leaders share views at WEF ASEAN Successful WEF on ASEAN concludes Deputy PM calls on young Vietnamese people to be less obedient Suu Kyi pleased with Myanmar’s progress PM meets with multinational corporations Leaders of ASEAN countries and World Economic Forum officials at the plenary opening session at World Economic Forum on ASEAN in Hà Nội on September 12. — VNA/VNS Photo Viet Nam News HÀ NỘI — Despite the theme of the Fourth Industrial Revolution, messages of deeper integration and strengthened co-operation made their way into ASEAN leaders’ keynote speeches as they gathered today in Hà Nội for the plenary session of the World Economic Forum on ASEAN. Realising the immense opportunities that the new era of digitalisation and automation might bring, but still anxious over the daunting challenges, leaders from the regional bloc that represents the world’s fifth largest economy emphasised the need to join hands and work together. … [Read more...] about ASEAN leaders affirm deeper integration key to growth in Industry 4.0-era
Foreign funds fond of startups amidst pandemic
Although the global economy is heavily affected by Covid-19, a series of Vietnamese startups have lately obtained millions, even tens of millions of U.S. dollars, from domestic and foreign funds. In mid-September, three Vietnamese startups one after another reported they had succeeded with capital raising. Among them, Wee Digital, a financial technology or FinTech company, attracted the investment from the South Korean fund InterVest. A solution to biometrics and artificial intelligence for facial recognition to authenticate financial and banking transactions by Wee Digital - PHOTO: QUOC HUNG Wee Digital employs biometrics and artificial intelligence for facial recognition to authenticate financial and banking transactions. This technology allows users to make payments securely in just five seconds with no need to have cash, credit cards or cell phones with them when doing so. Meanwhile, InterVest, having made investments in Thailand, Singapore, Malaysia and Indonesia, has … [Read more...] about Foreign funds fond of startups amidst pandemic