Le phuoc vu

According to the comprehensive plan to develop the IT human resources, Vietnam needed 1 million workers in the IT field in 2020. Yet the reality shows that there are only 600,000 IT students being trained in 400 higher educational institutes and 8 key IT training centers nationwide. Statistics from the Institute of Information Technology Strategy (under the Ministry of Information & Communications) show that 72 percent of IT students lack practical experience, while 42 percent are weak at team work. Only 15 percent of IT graduates satisfy the demands of employers. Vietnam now has over 700 IT companies working in key fields of the IT industry, including 220 foreign ones. They mostly locate in major cities or software parks. Notably, despite a high job potential, the AI field still attracts little attention from both learners and trainers. There is no formal university department or school to specifically provide tertiary education in this field. Most curriculum focus on … [Read more...] about HCMC focusing on training AI human resources

Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector. Among the suitors is one from the United States, proposing the Millennium gas power project with a forecast capacity of 14,400MW and 17 million tonnes of storage for liquefied natural gas (LNG) per year. Joining in are Embark United Co., Ltd. and US Quantum Corporation to establish a 6,000MW gas power venture and a port warehouse to receive and process six million tonnes of LNG per year. Japanese investors did also not ignore the opportunity to develop gas power projects in Khanh Hoa, as Sumitomo Corporation proposed to invest in a 3,000MW gas power scheme and a storage system for three million tonnes of LNG per year, while J-Power Co., Ltd. wants to invest in a gas turbine power project with a capacity of 3,000MW. Despite a slightly slower approach, the province is also seeing the … [Read more...] about Full steam ahead for LNG capacities to omit fossil fuels

A KMS office in the US. — Photo courtesy of KMS Technology KMS Solutions, a subsidiary of US engineering and software services company KMS Technology, has launched an electronic know-your-customer (eKYC) platform targeting Southeast Asia’s banking sector. It automates the verification, identification and extraction of data from images and documents. Le Huu Tan Tai, digital banking solution director at KMS Solutions, said: “Banking needs to stand at the forefront of digital transformation as it directly impacts the economy at large. However, Southeast Asia, and Viet Nam in particular, still faces certain challenges when undertaking digital banking. “Thanks to our experience in implementing digital banking for established banks across the world, KMS is well-positioned to support banks in the region with accelerating their digital transformation faster, more effectively and more securely.” eKYC allows banks to reduce the time needed to verify customer’s information, which … [Read more...] about KMS launches electronic know-your-customer platform for Southeast Asian banks

Several roads leading into Hanoi faced severe congestion as schools reopened on the morning of March 2. Many motorbike drivers ran on the pavements or in the wrong direction along Nguyen Trai, Le Van Luong and Tran Duy Hung streets. The police were sent out early to regulate the traffic and ease congestion spots. Dao Lan Phuong from Thanh Xuan District said she already had to leave home early for fear of congestion on the first day. Meanwhile, traffic along Truong Chinh Street has improved greatly after the elevated ring road was completed. Some photos of the streets on Tuesday morning: Hanoi roads jammed as students return to school on the morning of March 2. … [Read more...] about Main Hanoi roads jammed as students return to school

HCMC proposes developing five new railway lines The Saigon Times A train is seen running on a rail track. The government of HCMC is working on a plan to propose the development of five new railway lines – PHOTO: VNA HCMC – The government of HCMC is working on a plan to propose the development of five new railway lines, with a focus on high-speed train routes, to cope with a high freight growth rate in the city. These five railway lines include the HCMC-My Tho-Can Tho route; the HCMC-Tay Ninh route connected with the HCMC-My Tho-Can Tho route at the Tan Chanh Hiep Station in HCMC; the Thu Thiem-Long Thanh airport route; a high-speed railway on the north-south route, with sections with high demand such as HCMC-Nha Trang to be developed first. The fifth route is a double-track rail line connecting the national railway line to the Hiep Phuoc Port in HCMC and the Long An international terminal. This plan is part of a scheme, which was recently passed by the city’s … [Read more...] about HCMC proposes developing five new railway lines