The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications
Petrovietnam power corporation
Sanofi’s leader sees Vietnam as a promising market for healthcare
Vietnam is facing heavy burdens of morbidity and mortality caused by non-communicable diseases. Therefore, being able to control risk factors, improve disease prevention, make early diagnoses, and manage treatments of such illnesses are the common targets of the health system and society. Besides being the leading unit in treating some chronic diseases, Sanofi is at the forefront of the investment trend in digital healthcare transformation. One of the outstanding projects is the "Ask For Better" Q&A with experts series, a cooperative programme between Sanofi with the University Medical Center of Ho Chi Minh City, the Hanoi Medical University Hospital, and Jio Health. This programme has been broadcasted periodically to answer questions from the audiences and improve the knowledge of society on common non-communicable diseases. It attracted over 570.800 views in 2021. This show has been presented on diverse digital platforms with the purpose of increasing the interaction … [Read more...] about Sanofi’s leader sees Vietnam as a promising market for healthcare
VinShop set to become Vietnam’s next unicorn
Tokopedia is a combination of Toko (shop) and encyclopedia. It adopts a similar business model as e-commerce giant Alibaba. Tokopedia is a shopping platform where every business can easily arrange and sell its products. As of June 2020, Tokopedia recorded a valuation of up to $7 billion and became the third-largest unicorn in Southeast Asia, trailing behind Grab (Singapore) and GoJek (Indonesia), according to CB Insights. Tokopedia is successful in bringing technologies into grocery stores in Indonesia In 2018, Tokopedia unveiled its ambitious plan to penetrate Indonesia’s economy worth $1 trillion, which is the largest economy in Southeast Asia. It launched Mitra Tokopedia for the owners of warung (a small family-owned business) or outdoor grocery stalls serving their neighbourhoods. Mitra Tokopedia has recorded one million downloads with 2 million warung in the island nation. Mitra Tokopedia not only connects grocery owners with suppliers but also removes … [Read more...] about VinShop set to become Vietnam’s next unicorn
Vietnam, South Korea eye Comprehensive Strategic Partnership
Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership
New Mien Dong (Eastern) Coach Station remains deserted
The old Mien Dong (Eastern) Coach Station is more crowded than the new coach station. Currently, the coach station is serving routes from Quang Tri Province to the Northern localities with a distance of over 1,000 kilometers facing high competition with airplanes. According to the Municipal Department of Transport, the connectivity infrastructure is the core motivation to serve passengers at the station. Currently, some projects are implemented and expected to soon be completed in one to two years surrounding the new Eastern Coach Station. Specifically, the Metro Line No.1 is expected to be completed by end of 2023; the investors are pushing up the implementation of the Ha Noi Highway expansion project, Eastern Bus Station overpass, streets of Hoang Huu Nam, A8 being facing difficulties due to site clearance process. Additionally, four bus lines are traveling through Eastern Bus Station comprising 150, 601, 602 and 604. To create more convenience and attract passengers, the … [Read more...] about New Mien Dong (Eastern) Coach Station remains deserted
Generali announces positive growth in Q1
Generali Vietnam introduces services to customers. The company reported a positive business result in the first quarter of this year. — Photo Courtesy Generali Vietnam Insurer Generali posted positive growth in the first quarter of this year, highlighted by gross written premiums increasing by 6.1 per cent to 22.3 billion euros (US$23.4 billion). In its latest announcement, the company confirmed that “business development in the most profitable segments demonstrates the group’s ability to consistently generate value, while maintaining a solid and industry-leading capital position.” Operating results rose to 1.6 billion euros ($1.7 billion), up by 1.1 per cent, thanks to the positive performance of the life, property and casualty (P&C), holding and other businesses segments. The life segment showed an increase in its operating result by 7.2 per cent and confirmed excellent profitability, with the new margin at 4.94 per cent. The operating result of the P&C segment … [Read more...] about Generali announces positive growth in Q1
BAEMIN extends sustainable green journey in Vietnam
BAEMIN in the Republic of Korea is the first-ever delivery app to receive an AAA rating (the highest rating) following the United Nations Guidelines for Reducing Plastic Waste & Sustainable Ocean and Climate Action Acceleration (UN GRP). BAEMIN has been successful in implementing a number of green projects to influence the stakeholders and help them change their behaviours since the very early days One of the highlight examples includes the in-app options “No disposable cutlery, please” and “No side dish, please” for users that aim to reduce food and plastic waste whilst saving costs for the merchants. BAEMIN has also installed collection robots in Asan city to collect plastic container lids and used AI technology to determine if they can be recycled and transformed to some higher value materials. Another highlight project is the close partnership with merchants to amplify outstanding case studies and the organisation of courses on eco-friendly practices. Public-private … [Read more...] about BAEMIN extends sustainable green journey in Vietnam
Hanoi promotes consumption of agricultural products on e-commerce sites
Hanoi has 141 models of farm chain, according to the Hanoi Department of Agriculture and Rural Development. Hanoi is extending support to local businesses and cooperatives in putting agricultural products on the e-commerce platforms, as well as boosting trade promotion activities, according to the Hanoi Department of Agriculture and Rural Development. A staff is guiding a Bac Giang's farmer to post lychees on the e-commerce site. Photo: Vietnam Post In Chuong My District, the Thang Long High-tech Agriculture JSC faced difficulties with selling Solanaceae, so it turns to new sales channels such as Facebook and Zalo for better consumption. Phan Trung Kien, Director of the Thang Long High-tech Agriculture JSC said: “Since the company put its products on online sales sites and e-commerce platforms, they are better known and easily approached by a huge number of local consumers.” The company grows solanum Hainanese hance in an area of 20ha, the largest in the … [Read more...] about Hanoi promotes consumption of agricultural products on e-commerce sites
Manulife celebrates 23 years operating in Vietnam
Today more than 1.5 million customers put their trust in Manulife Vietnam. Manulife has marked 23 years of investing in Vietnam's economic prosperity and healthier, more resilient people, and the company's anniversary is also an opportunity to reaffirm its commitment to building a more sustainable future for all. Overview of the ceremony. As the first foreign-owned life insurer in the market and part of a leading Canadian-based financial services provider, Manulife Vietnam has been a pioneering force in the local industry’s development. Manulife Vietnam’s customer and transformation focus has helped shape the country’s burgeoning life insurance market. The insurer has also taken an industry-leading role in wider societal needs such as closing the protection gap, responding to growing health demands, and meeting the evolving digital needs of consumers. Today more than 1.5 million customers put their trust in Manulife Vietnam. “Over the years, … [Read more...] about Manulife celebrates 23 years operating in Vietnam
PM requests prompt settlement of medical supply shortages, health workers’ resignation
Prime Minister Pham Minh Chinh speaks at the meeting in Hanoi on June 23. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh demanded the shortages of drugs and medical supplies and the resignation among health workers be promptly settled while chairing a meeting of the Government’s permanent members in Hanoi on June 23. Explaining the drug and medical supply shortages in some localities and central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surged prices and subsequently made it more difficult to purchase medicine and medical supplies . Notably, it noted, some localities and establishments are afraid that they may commit wrongdoings or undergo examination and inspection, so they didn’t dare to buy supplies. In addition, resignation among health workers in the public sector has increased, the MoH said, blaming that on low salaries … [Read more...] about PM requests prompt settlement of medical supply shortages, health workers’ resignation