Internet company VNG earns 133 million USD in net revenue in 2016

  • VN financial inclusion focuses on tech

HCM City - Financial inclusion has been an accelerating global phenomenon recently, with financial services being provided at affordable costs to disadvantaged and low-income segments to increase earnings, alternate social capital flow and promote economic growth, a conference heard on May 19 in HCM City. Speaking at 'Digital technology - the great engine of accelerating financial inclusion in Việt Nam,' Assoc Prof Nguyễn Kim Anh, deputy governor of the State Bank of Việt Nam, said: "Financial inclusion will contribute to implementing 7 out of 17 sustainable development goals by 2030 and poor countries might achieve breakthroughs in financial inclusion. "Digital…... [read more]

  • Twenty smart city plans in pipeline

HÀ NỘI - A smart city is an ideal place for people to live and work, but it is also a sustainable combination of robust economics, civil society and clean environment, Nguyễn Minh Hồng, Deputy Minister of Information and Communications (MoIC) said at a symposium on developing smart cities in Việt Nam held in the capital on Thursday. However, Hồng said Việt Nam will face challenges on the path of developing smart cities. He therefore asked all localities, enterprises, business associations and research institutes to submit suggestions and proposals on how to develop a smart city suitable to Vietnamese conditions.…... [read more]

  • Change is coming with the 4th industrial revolution: experts

Here are the opinions of business leaders on what the fourth industrial revolution has in store for Vietnam. In this current stage of the manufacturing sector, Vietnam is still behind Malaysia and Singapore, which are almost at the robotics or semi-automation level. Given the high cost, there is also a lack of awareness and understanding among Vietnamese companies in regard to the benefits that automation can bring. This is not a big problem, however, but rather an opportunity for companies like Hitachi Systems. I believe that once Vietnamese companies see the benefits over a long-term basis, they will be quick…... [read more]

  • IoT presents major opportunities for enterprises

“The Internet of Things: Principles - Practices - Solutions” conference, chaired by Dr. Timothy Chou in Hanoi on May 4, revealed new opportunities for many enterprises in Vietnam. In an article on the fourth industrial revolution (Industry 4.0), Professor John J. Vu, Director of the Carnegie Mellon Institute of Biotechnology, said that by 2020 there will be 50 billion devices connected in the world, such as smartphones, smart homes, smart cities, self-driving cars, smart plants, smart robots, and so on. The combination of the physical and digital world is the essence of the fourth industrial revolution, a powerful force that…... [read more]

  • All stakeholders should join forces for smart city, says vice chairman

All stakeholders should join forces for smart city, says vice chairman Chi Thinh HCMC – Vice chairman Tran Vinh Tuyen of the HCMC government has stressed that to build a smart city, concerted efforts from all stakeholders, namely authorities, enterprises and citizens, are indispensable. Speaking at the first Electronics, Telecommunications and Information Technology exhibition in the city last week, Tuyen said the city will develop applications aimed at solving urban problems such as waste treatment, traffic congestion and flooding. The event featured 50 booths of 38 enterprises featuring software products and solutions that are expected to serve in building the…... [read more]

  • VN tries to harness the change brought about by Industry 4.0.

Industrial revolutions are momentous events. By most reckonings, there have been only three. The first was triggered in the 1700s by the commercial steam engine and the mechanical loom. The harnessing of electricity and mass production sparked the second, around the start of the 20th century. The computer set the third in motion after World War II. It may seem too soon to proclaim that the fourth industrial revolution, spurred by interconnected digital technology, is upon us, but Mr. Henning Kagermann, Head of the German National Academy of Science and Engineering, did exactly that in 2011, when he used the…... [read more]

  • Vietnam moves towards high-tech agriculture

The Internet of Things (IoT) is perhaps the most obvious impact of Industry 4.0 on agriculture. Though occupying a large land area, productivity at the farm has been quite low under traditional farming methods and an unpredictable climate. It is, however, one of the first farms in Vietnam to apply IoT in its farming. Mr. Pham Ngoc Anh Tung, former Director of Cau Dat Farm and founder of the startup Demeter, which introduced an IoT system at Cau Dat Farm, said that the reason why he decided to apply IoT at the farm is because it’s become common internationally. It…... [read more]

  • Vietnam encouraged to invest in India

The Hanoitimes - ​Mekong delta An Giang province and India have good prospects for co-operation in aquaculture and processing, a meeting between business executives from the two sides heard in recent conference. Smita Pant, the Indian consul general in HCM City, said An Giang and other provinces in the Mekong Delta region possess certain advantages in farming and processing, especially of basa. Vietnamese fisheries products are exported to many markets and India is a huge market with a population of 1.2 billion. The Indian Government offers incentives to foreign investors in aquaculture and seafood processing, especially in Andhra Pradesh, Odisha…... [read more]

  • Mekong delta seafood firms urged to invest in India

Vietnamese fisheries products are exported to many markets and India is a huge market with a population of 1.2 billion. The Indian Government offers incentives to foreign investors in aquaculture and seafood processing, especially in Andhra Pradesh, Odisha and Tamil Nadu states, she said. She called on An Giang to send a delegation of leading seafood firms to the three states to do market research and explore investment opportunities, especially in projects to produce basa brood stock. Ramesh Anand, managing director of Canopus Inter-Trade Pte Ltd, said the Indian market also offers good opportunities for An Giang firms to export…... [read more]

  • Seafood firms urged to invest in India

Viet Nam News HCMC ITY - An Giang Province and India have good prospects for co-operation in aquaculture and processing, a meeting between business executives from the two sides heard in HCM City yesterday. Smita Pant, the Indian consul general in HCM City, said An Giang and other provinces in the Cửu Long (Mekong) Delta region possess certain advantages in farming and processing, especially of basa. Vietnamese fisheries products are exported to many markets and India is a huge market with a population of 1.2 billion. The Indian Government offers incentives to foreign investors in aquaculture and seafood processing, especially…... [read more]




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