GiNET has been renamed to bolttech GiNET Vietnam Insurance Broker JSC has changed its name to bolttech Vietnam Insurance Broker JSC. This followed PCG’s latest investment into GiNet, which leads to the merger of GiNET into bolttech. The move marks bolttech’s deeper penetration into the market after its expansion into Vietnam’s potential device protection business last year. … [Read more...] about Bolttech makes official foray into Vietnam’s insurance market
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Therefore, in the short term, consumption demand stimulus will be effective with interventions in the price of goods and services. A subsidy policy will be able to do so directly or indirectly, but its focus of attention should be placed on food and foodstuff, since the need for safe, quality food is considerable among the three income groups mentioned above. Another thing to do is to boost the accessibility of commodity groups related to housing and home appliances. For example, help may come in the form of value added tax adjustments, or direct support for businesses. In case it is necessary to offset the VAT revenue deficit, the personal income tax rate bracket can be modified, reducing the number of taxable groups and putting up the tax rate for high-income earners. … [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