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“Make in Vietnam” Digital Product Awards have created spillover effects, promoting the development of Vietnam’s IT industry. “Make in Vietnam” Digital Product Awards will return for the third consecutive year, aiming to honor excellent digital technology products with great practical value recognized in the development of e-government, digital economy and society in the country. The “Make in Vietnam” Digital Product Awards 2022 was launched on June 22 by the Ministry of Information and Communications (MIC). It is an official award of the ICT industry annually held by the MIC to recognize enterprises with digital products designed, developed and produced in Vietnam that provide solutions to pressing issues currently facing the country. The third edition of the award was launched at a press conference on June 22. Photo: Hien Minh Delivering the opening speech, MIC’s Deputy Minister Pham Duc Long said MIC will help winning products gain access to a broader … [Read more...] about “Make in Vietnam” Digital Product Awards come back

The Ministry of Information and Communications launched the ‘Make in Vietnam’ Digital Technology Product Awards 2022 in Hanoi on June 22. 'Make in Vietnam' Digital Technology Product Awards 2022 is launched in Hanoi on June 22. (Photo: VNA) This marks the third consecutive year that the competition has been held with the ultimate aim of honouring excellent digital technology products which have been designed, created, and manufactured in Vietnam. All of the products boast great practical value recognised in the development of the digital economy, digital government, and digital society in the country. This year’s event will see businesses compete across four categories, namely digital products for digital government, digital economy, digital society, and potential digital products. With regard to potential digital products, this category will only be applicable to small and medium-sized enterprises or creative start-ups. Gold, silver, and bronze awards … [Read more...] about ‘Make in Vietnam’ Digital Technology Product Awards 2022 launched

Phương Thảo, a graduate of the Hà Nội National University of Education, has also achieved fame and popularity through YouTube. Her latest album, 'Hãy Về Đây Bên Anh' (Come to Me), released in October, 2021, has attracted nearly 1 million YouTube views. Photo courtesy of the producer By Thu Anh HCM CITY  Restrictions on traditional entertainment channels by the Covid-19 pandemic have turned out to be a blessing in disguise for some young singers presenting their talents online. Their presentation of personally chosen covers and their own music on YouTube and other music streaming platforms have garnered millions of views and conferred great popularity, not to mention commercial success. Among this crop of young singers are: Hà Nhi, Phương Thảo, Trần Lâm, and Phan Mạnh Quỳnh. These artistes have not had to make expensive music videos to win the hearts of millions of fans. Hà Nhi began her professional career after entering the Top 4 of Vietnam Idol 2015 — a Vietnamese … [Read more...] about Online exposure confers stardom on young singers

Tea products of Yen Bai province's Suoi Giang Cooperatives are on sale on Alibaba e-commerce platform . (Photo: VNA) Hanoi (VNA) - E-commerce is widely considered an effective and sustainable solution to help cooperatives improve their competitiveness, and boost production and exports, but the number of cooperatives that have gone online remains modest, prompting the Vietnam Cooperative Alliance (VCA) to support them in this regard. According to Nguyen Ngoc Bao, VCA president, the application of e-commerce plays an important role in the success of cooperatives, creating competitiveness in the market economy . He cited the fact that Suoi Giang Cooperative in Yen Bai province signed a contract worth up to 2 billion VND (nearly 86,500 USD) to export tea to Japan through Alibaba as an example. There are about 26,900 online stores in Hanoi and Ho Chi Minh City. The number of Facebook users is estimated at 22.5 million in rural areas and 23.5 million in urban areas. This … [Read more...] about Cooperatives receive support to adopt e-commerce

Vietnamese press striving to offer more variety-illustration photo, freepik.com Since the opening of a studio in March, Vietnam Investment Review has held at least one talk show on average each week with increasingly diverse and expanding topics. Going beyond the rigid thinking that economic newspapers should only cover the economy, a number of events conducted by VIR about blockchain, plastics, empowering women, and are not only reflecting hot topics of public interest but still demonstrating human values and integrated economic factors. VIR has already been known as one of the leading economic newspapers, producing a number of special articles and publications each year in order to remain at the top of the Vietnamese press industry. By capturing new trends as well as utilising the foresight of generations of leaders, VIR is also associated with the success of a series of major annual events. These include the M&A Forum, the largest merger and acquisition forum in … [Read more...] about Vietnamese press striving to offer more variety

Luu Trung Thai, vice chairman of the Board and CEO of MB stated that a cashless economy is a determinant of a modern and sustainable future The statement was made at a workshop themed Digital Transformation Towards a Cashless Society on June 17 in Hanoi. The framework of Cashless Day 2022 was organised by the Payment Department at the State Bank of Vietnam (SBV) and Tuoi Tre newspaper. The CEO made a presentation on the topic of Digital Transformation in the Baking Sector and MB's best practices. He placed a focus on the practical values that are brought about by digital transformation, including risk-free transactions for customers. Despite being a major challenge, security will receive more attention in the coming time. It will be enhanced to bring exciting and smooth customer experiences. Digital transformation not only optimises operations but also cuts costs and creates new investment opportunities, which lay the foundations for businesses to thrive in the future. … [Read more...] about Revenue remains a major concern for many commercial banks during digital transformation

With the launch of its revamped offering, Kredivo and VietCredit are pioneering by providing a very unique product in the Buy Now Pay Later space across the country. It is in line with its ambition to bring innovative payment solutions for the benefit of the Vietnamese people. In the last few years, Vietnam's e-commerce has experienced unprecedented growth and evolution, becoming one of the fastest-growing digital economies in Southeast Asia. It is expected to become one of the largest digital economies over the next few years. According to the Vietnam E-commerce Association, e-commerce grew by more than 20 per cent in 2021 and is valued at $16 billion. Market growth and potential rely on solid fundamentals, including a large and young population, high internet and mobile devices usage, and a high online purchase frequency. To sustain and increase the industry’s development rate over the coming years, the Vietnam e-commerce ecosystem has to solve some structural bottlenecks, … [Read more...] about Kredivo introduces its newest Buy Now Pay Later offer

A Con Cung store. — Photo concung.com The retail market of products for mothers and babies is booming as interest in health is increasing, especially for vulnerable groups such as families with infants and children. The trend to go to specialised supermarkets for mothers and babies has become popular in large centres such as Ha Noi and HCM City and has spread to many cities across the country. Increasingly, modern life makes the demand for shopping in the mothers and babies sector rise. It is not difficult to find baby supermarkets anywhere, such as Con Cung, Bibomart, Kids Plaza, Shop Tre Tho, Tuti care and more. Even nursing mothers do not need to go out but can order products of authorised brands in the market on reputable online sales sites such as Shopee, Tiki, and Lazada so as not to waste time travelling. The attractiveness of the new shopping trend for breastfeeding mothers, along with the large market size, up to billions of U.S. dollars, has lured many large … [Read more...] about Mothers and babies sector booming in VN

A Viettel staff instructs buyers to use QR code to pay at a wet market. (Photo: VNA) Da Nang (VNA) – Traders at wet markets in the central city of Da Nang are now able to go cashless as they can use e-wallet mobile app Viettel Money under a 4.0 wet market model introduced on April 8. The new model was launched by the municipal Department of Industry and Trade and the Da Nang branch of military-run telecom group Viettel, aiming to accelerate digital transformation and use of the non-cash payment method at the city’s wet markets and provide more opportunities for local residents to experience modern payment services. Owners of over 1,000 stalls at Da Nang’s three major wet markets – Con, Han and Dong Da – have been provided with a QR code enabling users to make online payments through access with 37 banks and Viettel Money . As payments now only require scanning of the QR code, with no cash nor changes involved, they become very fast and convenient, said Khuc … [Read more...] about Wet market 4.0 model launched in Da Nang

Deputy Foreign Minister Pham Quang Hieu  speaks at the conference (Photo: VNA) Hanoi (VNA) - A conference on promoting international cooperation for developing Vietnam's Halal industry was held by the Ministry of Foreign Affairs in collaboration with the Ministry of Agriculture and Rural Development (MARD) on June 28 in Hanoi in both in-person and online forms. The conference aimed to assess the current situation and prospect of the Halal industry in Vietnam, discuss ways to promote cooperation and take advantage of international resources to expand the presence of Vietnamese enterprises in production and supply chains of Halal products and services worldwide, and work out orientations for comprehensive and sustainable development of Vietnam's Halal industry until 2030. In his speech at the event, Deputy Foreign Minister Pham Quang Hieu said Vietnam boasts great potential and advantages for developing the Hall industry, and affirmed that the Vietnamese government … [Read more...] about Vietnam eyes stronger development of Halal industry