Unlike traditional banks, the digital banks allow customers to carry out the majority of regular banking transactions online via the internet. Instead of having to visit a bank branch or office, their transactions are digitised and can be done online, from applying for a new bank account to opening a savings account and getting an overdraft. … [Read more...] about Experts tell Govt: Foster domestic virtual banks before foreign invasion
Accelerator lab
Vietnam seeks to avoid middle-income trap before time runs out and population ages
In its report on socio-economic development in 2016-2020, the Ministry of Planning and Investment (MPI) pointed out that the economic growth rate was lower than targeted, while the gap between Vietnam and other regional countries still has not narrowed. The risk of falling into the middle-income trap and the possibility of lagging further behind remain big challenges. … [Read more...] about Vietnam seeks to avoid middle-income trap before time runs out and population ages
ABB supports the largest floating solar power complex in Southeast Asia
The SSU has a wide capacity range from 1000KVA to 6800KVA to suit project requirements, while its voltage range is suitable for all existing inverters on the market. With all equipment manufactured and type tested in compliance with international IEC standards and some in particular meeting local technical requirements set by the Vietnam Electricity Corporation such as the MV switchgear SafePlus, ABB SSU ensures safety for the operator and public. Its robust design makes it easy for transportation and help optimizes cooling from the open air and therefore reduces energy consumption. In addition, the customized design for LV switchboards also offers direct connection comprising 44 inputs, enables optimal installation of combiner boxes and saves time and cost. … [Read more...] about ABB supports the largest floating solar power complex in Southeast Asia
VIETNAM BUSINESS NEWS JANUARY 18
At the same time, seeing the increasingly deepening international integration of Vietnam through the participation in the new generation of free trade agreements (FTAs) as well as the wave of the industrial revolution 4.0 and the trend of trade protection in the world, the National Office of Intellectual Property, Ministry of Science and Technology also organised a consultation workshop on the draft law to amend and supplement the current IP Law in Hanoi earlier this week. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 18