“To facilitate this goal, we need abundant resources, technology support, and above all, connecting to a larger ecosystem,” he stressed, adding that bolttech has successfully developed the connected ecosystem in dozens of overseas markets including the US, transacting up to $3 billion in premiums in 2020 and achieved two million insurance policies. … [Read more...] about Bolttech makes official foray into Vietnam’s insurance market
Social work core values and principles
“For years, we’ve seen countless businesses around the world benefiting from the use of digital tools. Not only do they gain new skills, they now have the ability to reach new customers beyond their shores which ultimately helps to keep their businesses going,” she said. … [Read more...] about Digital literacy training available to 65,000 microfinance clients in Vietnam
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?
According to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, since the beginning of the year, the novel coronavirus (COVID-19) pandemic has directly affected the Vietnamese tourism industry, along with the global tourism sector. The industry has therefore suffered significant losses which has led to a decline in related fields. Furthermore, tourism growth has had a positive impact on many sectors and various aspects of social life, thereby creating plenty of jobs and serving as a means of improving income, and ensuring social security for citizens. This therefore serves to contribute to promoting friendship ties, preserving cultural values, boosting environmental protection, and aiding economic restructuring. Despite these benefits, tourism also represents an industry that is vulnerable to the various impacts and damages caused by natural disasters and epidemics, the Minister said. This year’s conference is being held for the purpose of assessing the current climate … [Read more...] about National Tourism Conference seeks solutions to save tourism industry
Cobots have been the perfect nimble tool for many innovative applications throughout the world, and especially in an emerging ASEAN markets where the adoption rates of cobots and other industrial robots have been steadily outpacing the established Western markets. This is especially since Universal Robots' cobots do not require professional engineers or software developers to utilise the cobots, anyone with an ability to operating a simple graphical tablet will be able to command and control such cobots after some basic training. For example, cobots have found their way into medical applications because of the Covid-19 crisis, with applications such as swab testing, sterilisation, and mobilised disinfection. … [Read more...] about Cobots to grow exponentially in the very near future