Mobile service center

IoT Innovation Hub inaugurated in Hanoi By Van Ly Representatives look at a miniature model of an IoT Innovation Hub at the launch ceremony. An Internet of Things (IoT) Innovation Hub was put into service at Hanoi-based Hoa Lac Hi-Tech Park on April 10 – PHOTO: VAN LY HANOI – An Internet of Things (IoT) Innovation Hub funded by the Ministry of Science and Technology, in partnership with Swedish telecoms firm Ericsson, began operations at Hanoi-based Hoa Lac Hi-Tech Park on April 10. Under the memorandum of understanding signed at the end of 2018 in Hanoi between the ministry and Ericsson, the IoT Innovation Hub is expected to offer favorable conditions to innovative startups working in the IoT space, enhance research activities and support research groups in developing new IoT-based applications. The cooperation marked the 50th anniversary of Vietnam-Sweden bilateral ties. Targeting mobile service suppliers, enterprises, students, startups and researchers in the … [Read more...] about IoT Innovation Hub inaugurated in Hanoi

Consultants withdraw from massive antiflooding project The Saigon Times Daily Muong Chuoi floodgate in Nha Be District - PHOTO: LE ANH HCMC – The consortium of construction supervision consultants for the VND10-trillion flood control project in HCMC has asked the HCMC Steering Center of the Urban Flood Control Program and the municipal government for permission to terminate the consulting contract, Thanh Nien newspaper reported, citing Nguyen Tam Tien, general director of project investor Trung Nam Group. Accordingly, the consortium, which was blamed for the stagnation of the flood control project, officially pulled out of the VND10-trillion project after an eight-month battle with the developer over the quality of materials used in the project. The leader of Trung Nam said that the group would probably file charges against the consortium of construction supervision consultants for their obstruction of the progress of the project, causing heavy losses for the … [Read more...] about Consultants withdraw from massive antiflooding project

Consumers remain hesitant to make noncash payments The Saigon Times Daily A customer is making a noncash payment at a restaurant in HCMC - PHOTO: THANH HOA HCMC – High transaction fees, concerns over security and the habit of using cash have hindered local consumers from making noncash payments, Nguoi Lao Dong newspaper reported, citing banking experts. At a seminar on noncash payments held by the State Bank of Vietnam (SBV) and Tuoi Tre newspaper today, January 15, SBV Deputy Governor Nguyen Kim Anh said the promotion of noncash payments is indispensable due to their considerable benefits for consumers. With noncash payments, transactions are conducted quickly and conveniently. Last year, 137.6 million online transactions were conducted. As many as 76 banks have offered Internet Banking services and 41 have mobile payment services, Anh added. According to Pham Tien Dung, director of SBV’s Payment Department, as of September last year, the country had 18,170 … [Read more...] about Consumers remain hesitant to make noncash payments

Free tours offered to reporters covering U.S.-North Korea summit By Dao Loan Foreign tourists walk in Hoan Kiem pedestrian street in Hanoi City - PHOTO: VNA HCMC – Thousands of international journalists arriving in Hanoi City to cover the upcoming summit between the United States and North Korea will be offered free sightseeing tours to tourist destinations in Hanoi, Halong and Ninh Binh Province by Saigontourist Travel Service Company. A representative from Saigontourist said that the tour operator had started its service and received registrations for the free tour program at the International Media Center at the Friendship Cultural Palace in Hanoi City today, February 25. The special day tours are expected to run from February 27 to March 1 or 2. Doan Thi Thanh Tra, marketing and communication director of Saigontourist, noted that as there will be some 2,600 foreign reporters coming to cover the summit, the firm aims to offer a series of tourism services and to … [Read more...] about Free tours offered to reporters covering U.S.-North Korea summit

Vietnam ready for Trump-Kim summit: PM The Saigon Times Daily Hanoi traffic officers and security personnel get ready for the upcoming summit between U.S. President Donald Trump and North Korea leader Kim Jong Un - PHOTO: VIETNAMPLUS HCMC- Vietnam has almost finalized preparations for the second summit between U.S. President Donald Trump and North Korea leader Kim Jong Un, which will take place on February 27 and 28, the local media reported, citing Prime Minister Nguyen Xuan Phuc. The Government leader today, February 25, came to the international media center, which was set up at the Viet-Xo Friendship Labor Cultural Palace for international reporters to cover the summit, to inspect preparations for the summit. This was his third visit there since yesterday. He told the relevant ministries and agencies, and the Hanoi government to ensure absolute safety and security for the upcoming summit as it is not only an important international event for global peace but … [Read more...] about Vietnam ready for Trump-Kim summit: PM

GoBear to improve financial inclusion for the Vietnamese people GoBear Vietnam has joined hands with FE CREDIT to drive greater financial inclusion for the people A renewed partnership agreement was signed in HCMC on March 4 by GoBear Vietnam and FE Creditto drive greater financial inclusion to Vietnam’s market. This partnership is one of the key projects for GoBear Vietnam this year, aligned with their growth strategy. In this partnership, GoBear Vietnam will synergize with FE Credit’s award-winning end-to-end digital lending mobile app $NAP, which offers loans to consumers with the ability to get real time loan pre-approval within 15 minutes. The new GoBear powered by FE Creditapp will further streamline GoBear Vietnam’s user journey and provide millions of unbanked Vietnamese people better access to unsecured loans. This app employs new technologies including Facial Recognition, AI algorithms, Optical Character Recognition (OCR) and Intelligent Character … [Read more...] about GoBear to improve financial inclusion for the Vietnamese people

U.S. calls on Vietnam to direct private investment into infrastructure The Saigon Times Daily U.S. Ambassador to Vietnam Daniel J. Kritenbrink delivers his speech at the 2019 U.S.-Vietnam business summit in Hanoi on May 10 – PHOTO: U.S. EMBASSY IN HANOI HCMC – The United States has urged Vietnam to welcome private investment in infrastructure, which is deemed vital for supporting and building productive enterprises that create jobs and prosperity, said U.S. Ambassador to Vietnam Daniel J. Kritenbrink at a business summit in Hanoi on May 10. The American Chamber of Commerce (AmCham), in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI) and the U.S. Chamber of Commerce, held the annual U.S.-Vietnam business summit, whose third edition is called “Celebrating 25 Years of Trade and Investment.” The summit brought together government officials and representatives of some 200 businesses from both countries, including giants such as Exxon Mobil, Amazon, … [Read more...] about U.S. calls on Vietnam to direct private investment into infrastructure

HCMC to develop smart electric bus transit system The Saigon Times Daily Commuters disembark from a bus in HCMC. The city will develop a smart electric bus transit system - PHOTO: LE ANH HCMC – The HCMC Public Traffic Management Center and South Korean technology firm DATAM have signed a memorandum of understanding on the development of a smart electric bus rapid transit (BRT) system in HCMC. A DATAM representative was cited by Thanh Nien Online newspaper as saying that the project requires an estimated investment of US$525 million, which will be sourced from the United Nations’ Green Climate Fund. Of the total investment, US$300 million will be used to manufacture 20,000 electric buses and US$225 million to install solar-powered LED street lights, artificial intelligence-based cameras and free WiFi. The system will first be piloted on a two-way 30-kilometer road section, costing US$10 million. A medium-sized electric bus will have 17 seats, including one for … [Read more...] about HCMC to develop smart electric bus transit system

Lack of incentives hinders HCMC from becoming international financial hub The Saigon Times Daily An aerial view of downtown HCMC. The lack of preferential policies has hindered the city from becoming an international financial center – PHOTO: THANH HOA HCMC – The lack of preferential policies for HCMC has been a hindrance to the city’s development into an international financial center, stated HCMC Chairman Nguyen Thanh Phong. At a seminar held today, July 17, on a plan to develop HCMC into an international financial center, Phong said special policies are a decisive factor in the plan’s execution, Sai Gon Giai Phong newspaper reported. The lack of high-skilled human resources is also a major obstacle, Phong noted. Phong told the seminar that the city expected experts, scientists and representatives of enterprises to comment on the current financial market, from which the city can work out strategies for transforming into a financial center in the region and … [Read more...] about Lack of incentives hinders HCMC from becoming international financial hub

From June 17-18, 1989, the Vietnam News Agency organised the 10th OANA Executive Board Meeting, the 10th Technical Group Meeting and the sixth Editorial Workshop. VNA/VNS File Photo HÀ NỘI — Members of the Organisation of Asia-Pacific News Agencies (OANA) agreed that it’s time to use every advantage to develop mechanisms in the fight against fake news, and all media outlets should not compromise truth, accuracy and accountability for speed. Given the context that fake news is spreading and harming nations, the Bahrain News Agency (BNA) affirmed that it does not compromise in its quest for honest reporting of the events in the country and around the world. First Deputy Director General of Russia’s TASS news agency Mikhail Gusman said that the first step would be forming close ties among news agencies, possibly in a traditional alliance like the OANA, he suggested, stressing on the need to give a clear definition of “fake news”, along with legal arguments and … [Read more...] about OANA members commit to fight fake news with modern technology