WEF President Børge Brende (first, left) and other ASEAN leaders at the opening session of the WEF ASEAN 2018 in Hanoi on September 12 (Photo: VNA) Hanoi (VNS/VNA) – President of the World Economic Forum (WEF) Børge Brende has highlighted ASEAN’s recent technological achievements in an interview given to Vietnam News on the occasion of the WEF on ASEAN 2018 taking place in Hanoi on September 11-13. The following is the full text of the interview. - Reporter: Industry 4.0 has been creating drastic and dramatic changes for ASEAN countries’ socio-economic development. How do you assess their achievements in the context of fast-advancing science-technology applications? Brende: We see that many ASEAN countries have developed strong national-level plans for the digital economy, like the Smart Nation initiative in Singapore or Thailand 4.0. So far, the plans seem to focus on infrastructure roll-out, and that is not a bad thing; without the proper … [Read more...] about ASEAN makes great technological achievements: WEF President
How does malaysia make money
VietNamNet Bridge – Former Deputy Minister of the Ministry of Transport, Professor La Ngoc Khue, talks to the Lao Dong (Labour) and Viet Nam News newspapers about the glaring imbalance of Viet Nam’s traffic system: the rail market share falling precipitously, the airline sector is overloaded and an abused road transportation system results in huge losses of national resources and higher product prices, as well as worsening pollution and traffic congestion. What are the causes of the transportation imbalance? There are many reasons, but first and foremost, it’s due to a wrong mindset in the design and implementation of transport planning in past decades. We have failed to realise that the development of transport systems cannot hinge on developing each sector separately, forgetting that the ultimate goal is to create a synchronised system in which components support each other and make for a consolidated whole enabling sustainable economic development. In 40 years … [Read more...] about Make railways top development engine
Business Beat (07-08-2006) How do we get tourists to come back again? by Nguyen Van Cam A meeting of representatives from the tourism industry last week came to the conclusion that the sector could not take off unless it had a clear-cut strategy and thorough co-operation among key players. Although Viet Nam realises that it has to develop diversified products to attract different kinds of tourists, the efforts are done piecemeal, without long-term planning and fixed objectives. For example, according to major hotel operators in HCM City, tourists visiting for Meeting, Incentives, Conference and Exhibition (MICE) are an important source of income but HCM City is still struggling to build a standard international conference and exhibition centre. Tourists are interested in local traditional festivals but organisers have not been able to plan these far ahead, leaving enough time for tourist companies to promote them adequately. Local authorities want to increase tourist arrivals to create … [Read more...] about How do we get tourists to come back again?
Bank accounts frozen. Bankers quizzed. As offshore authorities seek to track money flows involving Malaysia’s troubled government investment fund, fresh questions are rising about doing business in the country. Crisscrossing countries from Switzerland to the U.S., Middle East and Singapore, investigators are chasing a trail of transactions linked to 1Malaysia Development Bhd. With the probes potentially running for years, investors and analysts say it may damage the perception that Malaysia is trying to become a more transparent place. The risk is political, economic and commercial. Debt-ridden 1MDB, which is in the process of being broken up, was touted as the vehicle for the government to spur growth, investing mainly in property and power generation. Prime Minister Najib Razak -- who has faced a separate furor over a $681 million personal donation from the Saudi royal family -- sits on its advisory board. The premier was cleared of any graft, and $620 million of the funds were … [Read more...] about Malaysia’s anti-graft efforts haven’t put investors at ease
VietNamNet Bridge – After a lot of research and experimentation, Prof. Dr. Nguyen Thi Hoe, Chairman of the Kova Paint Group, has turned an agricultural waste into unique nano-paint for export. Prof. Dr. Nguyen Thi Hoe, Chairwoman of the Kova Paint Group. Born into an extremely poor family in Nghi Loc district, Nghe An Province, in central Vietnam, Hoe was a very excellent schoolgirl. After years of hard studies, she became a student of the most famous university in Vietnam – the Hanoi University of Technology. After graduation, she was kept as the lecturer of the Hanoi University of Technology. In 1979, she moved to the University of Can Tho. From the years of teaching at the university, she cherished the dream of "doing something" bearing her own stamp. And, the idea of beautifying houses was born. At that time, the country was just unified. The common wish of people was earning enough to buy food. Nobody thought of beautifying themselves let alone their houses. But … [Read more...] about The businesswoman who makes paint from rice husk