A 3D scene of what the book street festival will look like in Ho Chi Minh City. During a recent press conference announcing details of the event, Tu Luong, Vice Director of the municipal Department of Information and Communications, said the book festival serves as a popular destination for many local people and foreign friends to enjoy. Guests are able to visit the occasion during the biggest and most important annual festival in Vietnam, which is set to get underway next month. The festival will be divided into three parts depending on genre, with children books to be put on display on Mac Thi Buoi street. The main area on Nguyen Hue street will feature a range of genres, whilst a specialized area for science, technology, economics, and culture, in addition to a coffee area, will be arranged on Ngo Duc Ke street. An image of the DK1 platform which will make an appearance for the festival To mark the occasion, prestigious publishers and distributors including Phuong … [Read more...] about Book street set to open in HCM City for Tet holiday
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Land ownership for foreigners in Vietnam
Property Land ownership for foreigners in Vietnam By Dang Hung Vo Sunday, Dec 15, 2019,09:00 (GMT+7) Land ownership for foreigners in VietnamBy Dang Hung Vo Foreigners in Vietnam can buy houses, including apartments and houses attached with land. Their homeownership right is valid for 50 years, and can be extended for another 50 years if needed – PHOTO: THANH HOA The policy on allowing foreigners to own houses associated with land in Vietnam has been studied and considered very carefully. In 2003, the author of this article, in the capacity as a leader of the Ministry of Natural Resources and Environment, attended a meeting at the top decision-making level to consider the issue of this policy attached to the 2005 Housing Law. The conclusion of the meeting was that at that time, it was impossible to allow foreign individuals and organizations to own houses associated with land under any form in Vietnam. In view of … [Read more...] about Land ownership for foreigners in Vietnam
Vietjet leader only Vietnamese in the world’s most powerful women of 2019
Vietjet’s President and CEO Nguyen Thi Phuong Thao. — Photo courtesy of Vietjet Vietjet’s president and CEO Nguyen Thi Phuong Thao has been named in Forbes' list of 100 most powerful women in 2019, following her inclusion on the list of Asia’s most powerful women. With the recognition, Vietjet's leader is the only woman representing Viet Nam in the list for three consecutive years. According to Forbes, as of December 13, 2019, the estimated assets of the self-made billionaire are around US$2.7 billion, which makes her also the only female Vietnamese in Forbes’ dollar billionaire list. She also chairs a multi-sector Sovico Group, HDBank and many real estate businesses. New-aged carrier Vietjet, run by Thao, is looking to further grow its business overseas with the continuous flight network expansion from Viet Nam to India, Japan, South Korea, mainland China, Singapore, Thailand, Malaysia, Indonesia, Myanmar, Cambodia, Hong Kong and Taiwan. The airline is … [Read more...] about Vietjet leader only Vietnamese in the world’s most powerful women of 2019
Vietjet leader only Vietnamese in the world’s most powerful women list of 2019
Vietjet’s President and CEO Nguyễn Thị Phương Thảo. Photo courtesy of Vietjet HCM CITY -- Vietjet’s president and CEO Nguyễn Thị Phương Thảo has been named in Forbes' list of 100 most powerful women in 2019, following her inclusion on the list of Asia’s most powerful women. With the recognition, Vietjet's leader is the only woman representing Việt Nam in the list for three consecutive years. According to Forbes, as of December 13, 2019, the estimated assets of the self-made billionaire are around US$2.7 billion, which makes her also the only female Vietnamese in Forbes’ dollar billionaire list. She also chairs a multi-sector Sovico Group, HDBank and many real estate businesses. New-aged carrier Vietjet, run by Thảo, is looking to further grow its business overseas with the continuous flight network … [Read more...] about Vietjet leader only Vietnamese in the world’s most powerful women list of 2019
Siemens at the forefront of an AI-driven Vietnam
The new SIMATIC S7-1500 TM NPU module with integrated AI It is said that AI offers tremendous potential for industry. What specific insights does Siemens have on this? Pham Thai Lai AI has widely emerged in our daily life in various ways. For example, today we are using face or speech recognition as a given. In the last two or three decades, major technology advances have made more powerful hardware and software and improved computing power and data transmission. This promotes and offers new areas and dimension of using AI to create entirely new industrial opportunities for flexible and efficient production, even when it comes to complex and increasingly customised products in small batch runs. The consequences will be significant. According to a PricewaterhouseCoopers study, AI could contribute up to $15.7 trillion to the global economy in 2030, and a total of 62 per cent of large companies have already utilised AI technology by 2018. Furthermore, the industry is becoming … [Read more...] about Siemens at the forefront of an AI-driven Vietnam