Digital transformation

In a fresh development, more international groups are waiting for Vietnam’s DPP mechanism including ABB. Especially, the private sector could see more chances to invest into the national electricity transmission system. These new points came as Vietnam is faced with challenges to ensure energy while also complying with the government’s objectives of reducing greenhouse gas emissions by promoting renewable energy and energy-efficient technologies. … [Read more...] about Energy strategy fit for private backers

Vietnam’s Cybersecurity Law, which took effect earlier last year, bans internet users from humiliating and seriously offending the honor, prestige and dignity of other people or posting false and untruthful information that damages the legal rights and interests of organizations and individuals. … [Read more...] about Microsoft survey finds Vietnamese among least civil online

Hanoi (VNA) - Vietnamese carriers saw significant drops in the number of passengers in February due to the COVID-19 outbreak. According to statistics from the Civil Aviation Authority of Vietnam (CAAV), Vietnamese carriers transported a total 3.7 million passengers in February, representing a drop of 13.7 percent against the same month of 2019. The number of international passengers saw a drop of 39.5 percent to just 870,000, while domestic passengers slightly decreased by 0.7 percent to 2.8 million. With regards to the Chinese market, three Vietnamese carriers – Vietnam Airlines, Vietjet and Jetstar Pacific – and Chinese carriers had to cancel 80 flights between the two countries per day. Vietnam Airlines reported that it had to cancel 1,000 flights to/from China in February and the damage was estimated at around 250 billion VND (10.7 million USD) each week, adding that it was facing with a lot of difficulties due to the COVID-19 epidemic. The airline saw severe … [Read more...] about Vietnamese carriers’ passenger figures suffer from COVID-19 outbreak

“The race between the trio still remains the leading factor for the market in the near future. Lazada, Tiki and Shopee will have great opportunities to take off as more money has flowed into these three players. Competition will drive market growth and the consumers benefit the most,” said Nguyen Manh Dung, chief representative of CyberAgent investment fund. … [Read more...] about An internet economy: a golden treasure trove?