Contactless payment is the future and a major foundation for the success of smart transport, Photo: Dung Minh Age of contactless transit Contactless payments are disrupting cities around the world in various areas, notably mass transit systems. A notable example is London (the UK), where 2.5 million contactless journeys are made across bus, tube, and rail services every day. Since early 2016, the proportion of pay-as-you-go journeys made through London’s contactless systems has risen from 25 to more than 50 per cent of today. It is estimated that more than four of every five journeys of this kind are made using Visa contactless cards. Various reasons have been put forward for the London success story. First, the underlying technology, such as chip cards based on Europay, Mastercard, and Visa (EMV) standards are already there. Second, Transport for London has enabled contactless payments across all modes of transit – tube, bus, light rail, heavy rail – making it … [Read more...] about Riding digital payments to the future of transport
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(VEN) - What if you didn't have to diet or take supplements? What if you could trust that what you consume is designed to keep you in optimum health instead? Well, that’s almost a reality. Ironically, it’s our propensity for a sedentary lifestyle and fast food that’s helping to drive demand for healthier products to consume, and thus a bourgeoning research industry in support of nutritious foods and ingredients, beverages, dietary supplements, nutricosmetics and personal care. At the upcoming Vitafoods Asia exhibition, you can see exactly how the food, supplement, beauty and pharmaceutical industries are being transformed by innovators and scientists who are working to deliver optimal health in what you consume. The exhibition is a full-service look into the nutraceuticals industry, from its key ingredients, to contract manufacturing and labelling to services & equipment and branded finished products. Along with what is being offered commercially, there’s … [Read more...] about How science is shaping the future of nutritious consumables?
The Hanoitimes - VinaCapital affirmed its intention to strike a partnership with Ba Huan in the future provided more favorable conditions. VinaCapital, one of the two largest asset management company in Vietnam besides Dragon Capital, has agreed to terminate a controversial investment in Ba Huan JSC, a leading poultry firm in the country, after the latter stated that the former wanted to conduct a hostile acquisition. The two sides have started to prepared necessary legal papers to end this deal early, VinaCapital said in a statement late on August 9, noting that the firm is open to striking a partnership with Ba Huan in the future provided more favorable conditions. In February, the Vietnam-focused fund management firm invested US$32.5 million in the poultry company for a significant minority stake. However, due to different interpretations of key terms, VinaCapital said it would not be able to play a constructive role in helping Ba Huan. As part of the agreement, all of … [Read more...] about VinaCapital cancels deal with poultry firm, leaves doors open for future partnership
Michael Piro, director of Strategic Services Can you share with us your general opinion about the potential and prospects of condotel development in Vietnam? There is tremendous opportunity for condotel products in Vietnam. Condotels typically find themselves on resort properties, a holiday destination option that has become increasingly popular in Vietnam. If you look the country, it has a more than 3,000km of coast line, so naturally you are going to find a lot of beachfront hotel and hospitality developments. This is what makes Vietnam an attractive destination for condotel products. I think Vietnam has a lot to offer to both developers and buyers of this product, but I do have concerns about the speed in which it is progressing in—it is happening too quickly. The key driver for success and sustainability in this market is transparency. Developers need to be very open with buyers to make sure they are clear on both the risks associated and the rewards of these types of … [Read more...] about Condotel—the future of the real estate industry
Dinh Viet Thang. — Photo nhadautu.vn Revisions to the country’s plan for the aviation industry up until 2020, with a vision towards 2030, were recently approved by the Government. The new plan aims for the aviation market in Viet Nam to be among ASEAN’s top four in terms of shipping volume by 2030. Dinh Viet Thang, director of the Civil Aviation Authority of Viet Nam, speaks to Vietnam News Agency about the implementation of the plan. How will approval of the amended development plan on aviation transport by 2020, looking toward 2030, affect the development of the domestic aviation industry in the future? Decision 21/QD-TTg approving the plan on the national aviation transport development by 2020, with a vision towards 2030, was approved by the Prime Minister on January 8, 2009. After nine years of implementation, the position and role of the domestic aviation industry have been strengthened and developed further. This has contributed significantly to the … [Read more...] about Aviation development plan changes for sustainability in the future