VietNamNet Bridge – André Laperrière, Executive Director of Global Open Data for Agriculture & Nutrition (GODAN), talks to Việt Nam News reporter Trong Kien on the role of data in smart, hi-tech agriculture and sustainable development. Workers cleaning and picking bananas for export at the banana farm Huy Long An in the southeastern province Tay Ninh’s Trang Bang District. — VNA/VNS Photo Le Duc Hoanh What is the goal of advocating open data? What we pursue is a global knowledge sharing system (using data as its main conduit) in order to maximise efficiency and quality of food systems, especially in Asia and in Africa, where lies the largest untapped potential. We want to combine the best of key stakesholders in the agriculture/nutrition data ecosystems – Governments, research institutions, private companies large and small, or farmers’ organisations, etc. – to combine their data and diverse expertise in order to … [Read more...] about Data could help Vietnam take the agriculture lead in a digital economy
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Data could help Việt Nam take the agriculture lead in a digital economy
Workers cleaning and picking bananas for export at the banana farm Huy Long An in the southeastern province Tây Ninh’s Trảng Bàng District. — VNA/VNS Photo Lê Đức HoảnhViet Nam News André Laperrière, Executive Director of Global Open Data for Agriculture & Nutrition (GODAN), talks to Việt Nam News reporter Trọng Kiên on the role of data in smart, hi-tech agriculture and sustainable development. What is the goal of advocating open data? What we pursue is a global knowledge sharing system (using data as its main conduit) in order to maximise efficiency and quality of food systems, especially in Asia and in Africa, where lies the largest untapped potential. We want to combine the best of key stakesholders in the agriculture/nutrition data ecosystems – Governments, research institutions, private companies large and small, or farmers’ organisations, etc. – to combine their data and diverse … [Read more...] about Data could help Việt Nam take the agriculture lead in a digital economy
Vietnam – one of best investment havens: PM
Prime Minister Nguyen Xuan Phuc (second, left) greets executives of multinational groups at the Vietnam economic dialogue in Davos on January 23 (Photo: VNA) Davos (VNA) – Prime Minister Nguyen Xuan Phuc chaired a dialogue with executives of nearly 40 multinational groups in Davos, Switzerland, on January 23 (local time), an activity within the framework of the ongoing World Economic Forum (WEF) Annual Meeting 2019. The dialogue was themed “Fostering Dynamics and Innovation in the 4th Industrial Revolution”. This was the first time the country had coordinated with the WEF to organise a Vietnam economic dialogue on the sidelines of a WEF annual meeting in Davos. Opening the event, WEF Managing Director Olivier Schwab highlighted the robust economic growth of Vietnam over the last 30 years, noting that the development of the country’s business community has been clearly shown at this time’s WEF. He affirmed that the WEF hopes Vietnam will … [Read more...] about Vietnam – one of best investment havens: PM
Vietnam among APEC’s best in foreign investment
Thanks to business environment improvements, Vietnam continues to top APEC economies for increases in cross-border investment, realising an upward trend of confidence in the future long-term sustainable development of the country. Vietnam among APEC’s best in foreign investment, source: twitter.com/apec_ceosummit PwC, the world’s leading provider of advisory, tax, and legal services, said in an APEC CEO survey released last week that Vietnam tops cross-border investment among the 21 member economies, with a net 46 per cent of respondents planning to increase investments over the next 12 months. Vietnam even ranks higher than attracting regional destinations like China (45 per cent) and Thailand (39 per cent), thus marking it the second consecutive year of Vietnam achieving the top ranking. Figure 1: Top APEC economies to receive increased cross border investment over the next 12 months (net increase) (Source: PwC’s APEC CEO Survey 2018) … [Read more...] about Vietnam among APEC’s best in foreign investment
Work still to do for public companies
A new study has uncovered worrying trends on the operation of Vietnamese businesses over the past four years. According to PwC Vietnam’s assessment findings, local companies are lagging behind most regional and global peers. Flat margins and returns on capital employed, and deteriorating working capital performance in the wake of a lengthening cash-to-cash cycle were highlighted in the study. Titled “Cash for growth or growth for cash?”, the assessment features analysis of the past four years of the largest 400 companies by revenue, across 14 sectors listed on both the Ho Chi Minh City Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX). Top companies have been growing in line with economic growth, at 6.1 per cent per annum for the fiscal year between 2013-2017, thanks to a conducive monetary policy and high foreign direct investment flows. However, margin growth has been flat for the same period due to expenses outgrowing revenues. Moreover, there was a … [Read more...] about Work still to do for public companies