Leading digital business transformation

Truong Viet Dung, deputy director of the Hanoi’s Department of Planning and Investment, speaks to Hà Nội Mới (New Hà Nội) newspaper on what the city has done to become a leader in attracting foreign investment. Hanoi remains Vietnam's most appealing destination for foreign investment Hanoi attracts investment for environment and consumption of agricultural products  Worker at an assembly line of the South Korean-invested Synopex Viet Nam Co Ltd in the Quang Minh industrial park in Hanoi. — VNA/VNS Danh Lam In the first six months of 2019, Hanoi remained a leading locality in attracting foreign investment. What is Hanoi doing to attract foreign investors? Our investment and business environment has improved considerably. This is a driving force for the city to attract foreign investors. From early 2019 to June 20, Hanoi has attracted more than US$4.9 billion in foreign investment – accounting for 28.6 percent of the total … [Read more...] about Hanoi ranks top in attracting foreign investment

Vietnam’s average disbursement rate is much lower than that of other recipients of the Asian Development Bank’s ODA loans, largely due to cumbersome and time-consuming procedures, said Eric Sidgwick, ADB country director for Vietnam. Minister of Finance Dinh Tien Dung speaks at a teleconference in Hanoi on June 26. Red tape is one of the main reasons for slow loan disbursement – PHOTO: THOI BAO TAI CHINH Speaking at a teleconference in Hanoi on Wednesday, Sidgwick said Vietnam had a good rate of disbursement in the past. However, the rate has been on the decline since 2014, and it is currently very slow, reported the local media. Vietnam’s average disbursement rate in 2018 reached 11.2%, or half of the rate in the 2011-2014 period, at 21.7%, and half the rates of other countries, according to the director. He pointed out that even minor changes in projects such as increases in scale, six-month loan extensions, cost structure changes or the use of … [Read more...] about Red tape results in low ODA disbursement in Vietnam: ADB

  Vietnamese midfielder Nguyễn Trọng Hoàng (left) battles with Thailand's Theerathon Bunmathan. — VNS Photo Đoàn Tùng HÀ NỘI — Việt Nam and Thailand played out another goalless draw in Hà Nội tonight, leaving Việt Nam still unbeaten and atop Group G of the World Cup qualifiers. The match at Mỹ Đình Stadium was a repeat of the reverse fixture in September, when again the two sides couldn’t be separated, though in truth the home side will be happier with the point after withstanding a lot of second-half pressure. Việt Nam’s coach Park Hang-seo named the same team that defeated the United Arab Emirates on November 14, while Akira Nishino’s Thailand made several changes from the team that lost to Malaysia, with star left-back Theerathon Bunmathan back in the side after missing out through suspension. The home side almost enjoyed a dream … [Read more...] about Việt Nam battle to goalless draw with Thailand

At the event (Photo: VNA)   Quang Ninh (VNA) - The People’s Committee of northern Quang Ninh province and the Vietnam Software and IT Services Association launched the Asia Pacific ICT Alliance Awards 2019, the first of its kind ever held in Vietnam, on November 19 Dubbed the “Oscar” of the ICT sector in Asia-Pacific, the annual awards is alternately held by the Asia Pacific ICT Alliance (APICTA) in 16 member nations and economies in order to honour outstanding products, software, information technologies and start-ups in the region. The four-day event is underway in Ha Long city with nearly 1,000 delegates taking part, including over 650 from 16 APICTA member countries and economies. Speaking at the opening ceremony, Vice Chairman of the provincial People’s Committee Dang Huy Hau said the event affords Quang Ninh a chance to access technological advances at home and abroad towards building a digital economy while promoting trade, investment and … [Read more...] about Asia-Pacific ICT Alliance Awards 2019 launched in Quang Ninh

An augmented reality magic mirror will makes its Vietnam debut at the first-ever Fashionology Festival An augmented reality (AR) ‘magic mirror’ will make its Ho Chi Minh City debut at the inaugural Fashionology Festival this month on the iconic Nguyen Hue Pedestrian Street in District 1 from October 20 to 22. The high tech fashion show, hosted by Ho Chi Minh City’s Department of Tourism, will feature a 670 meter long catwalk for more than 200 models to showcase dozens of the latest collections from both Vietnamese and International designers. 3D mapping, street art, and music performances are also planned for the event, though the AR ’magic mirror’ is expected to be the star of the show. AR ‘magic mirrors’ have become quite popular in many countries, but this is the first time one will make an appearance in Ho Chi Minh City. Using 3D scanning, the high-tech mirror allows users to digitally try on different outfits and accessories in custom … [Read more...] about ​​‘Magic mirror’ planned for Saigon Walking Street