Tech

Vietnamese telecommunications giants VinaPhone, Viettel and MobiFone will deploy mobile number portability (MNP) services starting this Friday (November 16).— Photo ictnews.vn Vietnamese telecommunications giants VinaPhone, Viettel and MobiFone will deploy mobile number portability (MNP) services starting this Friday (November 16). MNP enables mobile telephone users to retain their numbers when switching from one mobile network operator to another. The Ministry of Information and Communications set an oriented rate for the service at VND60,000 (US$2.5). Representatives of Viettel and MobiFone said at a meeting on Tuesday that their network transfer fee would also be VND60,000. Meanwhile, VinaPhone said it would announce the rate this Thursday. The rate is not expected to be higher than the amount announced by its competitors. The services will be applied for postpaid mobile subscribers first then added for prepaid subscribers next year. The MNP services will increase … [Read more...] about Mobile phone users allowed to change network

Google’s Smart Campaigns is designed for small businesses looking to get started with online advertising. — VNS Photo Google has launched a new advertising tool, Smart Campaigns, for small businesses across the Asia Pacific, including Viet Nam, looking to get started with online advertising. According to the tech giant, it uses machine learning to make advertising radically simpler, save businesses time by enabling them to set up a campaign in a matter of minutes and drive clear results like calls and actions on their website and visits to their stores. Smart campaigns take the innovation and technology of Google Ads and tailor the experience for simplicity to help small businesses succeed without needing to be advertising experts, it said. Businesses need to just choose their goals such as making the phone ring or driving sales to their website or visits to a store, and machine learning goes to work to deliver results, it said. According to the Asian Development Bank, 98 … [Read more...] about Google rolls out digital advertising solution for small businesses in Asia-Pacific

WeWork, a co-working space provider, on Wednesday announced plans to enter the Vietnamese market as part of its strategy to expand operations in Southeast Asia.— Photo y-nest.vn/ WeWork, a co-working space provider, on Wednesday announced plans to enter the Vietnamese market as part of its strategy to expand operations in Southeast Asia. Tyrochas T Fuad, managing director of WeWork Southeast Asia, said the company would open its first office at E-Town Centre in HCM City’s District 4 in early December. It is seeking locations to open more offices in HCM City and other cities and provinces next year, he said. The HCM City office would be able to accommodate over 1,000 clients in its four floors, he said. “With Viet Nam being one of the fastest growing economies in the world and Southeast Asia, there is no better time to be here than now. “We are also seeing demand from our existing global members in other markets, such as Fortune 500 companies and leading … [Read more...] about US co-working space provider comes to Viet Nam

Some provinces have called for preferential solar power prices to be extended to the end of 2020 instead of June 30, 2019. Most recently, the southern province of Binh Thuan sent a proposal to the Prime Minister asking for such an extension to remove difficulties and create favourable conditions for investors of solar power projects. To encourage the development of renewable energy in Viet Nam, the Prime Minister issued Decision 11/2017/QD-TTg dated April 11, 2017, about mechanisms to encourage solar power projects, which took effect on June 1, 2017 and lasts until June 30, 2019. Accordingly, for solar power projects which were connected to the national power grid before June 30, 2019, Viet Nam Electricity (EVN) would buy the entire power output at VND2,086 (9.35 US cents) per kWh for 20 years. This means that if solar power projects are not connected to the grid before the June 30, 2019 deadline, the purchasing price of electricity could be lower and won’t be fixed for 20 years. … [Read more...] about Binh Thuan seeks solar policy extension

The Vietnamese MoMo e-wallet has been named in the Fintech100 report –a list of the year’s best fintech innovators from around the world, announced by H2 Ventures and KPMG. — VNS Photo The Vietnamese MoMo e-wallet has been named in the Fintech100 report –a list of the year’s best fintech innovators from around the world, announced by H2 Ventures and KPMG. This is the first time a Vietnamese company has been listed in the report. In last year’s list, the Southeast Asian region had only two representatives from Singapore, which were Silent 8 and soCash. This year’s Fintech100 ranking is divided into two categories. The top 50 leading companies are listed in the Leading 50 category and the top 50 emerging companies are listed in the Emerging 50 category. The MoMo e-wallet is named in the list of top 50 emerging companies as a new, exciting and innovative company, which pursues a new business model. Updated data in October showed that MoMo … [Read more...] about MoMo named in Fintech100 report