Visa, Vietnam Airlines and Techcombank have joined hands to promote one allied credit card service under the trademark “Visa-Vietnam Airlines-Techcombank”. According to Techcombank’s General Director Nguyen Duc Vinh, the service will be aviailable in two types, debits card and credit card under the visa service of Techcombank. Under plan, the service will be introduced to customers by the end of the first quarter. Techcombank would issue additional about 400,000 cards of various types; of them, 200,000 are visa cards, he said. Aside from popular functions, such allied cards will offer wide range of customer care services of Vietnam Airlines and Techcombank. Source: TBKTSG Online Translated by Hoang Anh … [Read more...] about Visa-Vietnam Airlines-Techcombank credit cards to debut
Macedonia visa policy
The revisions aim to legalize the granting of e-visas to foreigners in order to make it easier for them to visit Vietnam. The Law on Exit, Entry, Transit and Residence of Foreigners in Vietnam took effect in 2015. Revisions to the law would fine-tune immigration law while meeting the requirements of administrative reform and ensuring national defense and security and complying with the Party guidelines and State policies on national renewal and international integration. Nguyen Thanh Phuong, a deputy for Can Tho city, said the revisions aim to institutionalize Vietnam’s foreign policy and comply with trade agreements Vietnam has signed. Phuong said “I agree with the revisions concerning visas, residence, and administrative procedures. The revisions reflect Vietnam’s desire to encourage foreigners to do business, visit, work, and study in Vietnam.” Revisions extend the validity of residence cards granted to foreign investors to 10 years to attract more foreign … [Read more...] about Law on Exit, Entry, Transit and Residence of Foreigners in Vietnam revised
Illustrative image (Source: VNA) Hanoi (VNA) – The stock market’s growth in the first quarter of 2019 was fairly positive with 15 out of the 18 sectors gaining higher scores and a strong flow of money poured into the market through exchange traded funds. The statement was revealed by Dao Tuan Trung, head of the research centre at Vietinbank Securities, at a conference assessing the development prospects of Vietnam’s economy and stock market in 2019. He forecast that the profit growth of businesses listed on the Ho Chi Minh Stock Exchange (HOSE) will reach 7.51 percent this year. At the end of 2019, the VN-Index is projected to stand between 920 and 950 based on the anticipation of interest rate, profit and price-to-earnings ratio. According to Nguyen Duc Thanh, Director of the Institute for Economic and Policy Research (VEPR), Vietnam’s economy expanded by 6.79 percent in the first three months of this year. However, it depended heavily on … [Read more...] about Stock market sees positive growth in Q1
The US-China over artificial intelligence is heating up, but some warn the US could be over-reacting. "China is betting on AI and investing in AI and deploying AI on a scale no other country is doing," says Abishur Prakash, a futurist and author of books about the effect of artificial intelligence (AI) on geopolitics. As developments in AI accelerate, some in the US fear that the ability of China's powerful central government to marshal data and pour resources into the field will push it ahead. The country has announced billions in funding for start-ups, launched programmes to woo researchers from overseas and streamlined its data policies. It has announced news-reading robots and AI-powered strategy for foreign relations. Perhaps most alarming to the US are its efforts to incorporate it into its military. In the last few years, Washington has toughened oversight of Chinese investments, banned US firms from doing business with certain Chinese companies and increased criminal … [Read more...] about Is China gaining an edge in artificial intelligence?
In the conference, Dr. Phan Xuan Dung, Head of the Committee on Science – Technology – Environment under the National Assembly, stressed the importance of Industry 4.0 in all aspects of life and its critical role in any national development. Resolution No.52-NQ/TW was born because of that reason. He further explained that digital technologies are widely applied to form novel international business and service models, along with the popular use of artificial intelligence. However, he commented that Vietnam’s active participation in Industry 4.0 is quite low. Therefore, Dr. Dung suggested that the Vietnamese have to more enthusiastically grasp any possible opportunities that Industry 4.0 delivers to create socio-economic breakthroughs for the nation. In addition, citizens and organizations should actively limit negative influences of this Revolution on themselves in order to ensure their sustainable growth. To achieve those goals, the local authorities should prepare … [Read more...] about HCMC leading Vietnam in Industry 4.0