How can 5G and digital transformation impact the performance of industries such as manufacturing, logistics, agriculture and e-commerce over the coming years? Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia and Laos As a critical digital national infrastructure, 5G has the potential to significantly transform society, industries, and the economy, as well as benefiting the environment. In the past, developing economies depended on traditional inputs to fuel growth, such as low-cost labour and natural resources. Moving forward, the new economy will increasingly depend on more sustainable inputs, such as science, technology and innovation, whereby data will become the new oil that creates as much as drives a more inclusive and sustainable socioeconomic development, securing broader range prosperity for all. Through 5G, the introduction of Industry 4.0 will be accelerated across thousands of factory floors in Vietnam, enabling robots, digital twin … [Read more...] about Going digital and green in partnership with Ericsson
Agritech startup
AVSE Global to contribute more to homeland’s development
Paris (VNA) – The Paris-based Association of Vietnamese Scientists and Experts (AVSE Global) held a round-table discussion on March 18 to review its activities in the recent past and introduce coming projects. Prof. Nguyen Duc Khuong, Chairman of the association, said the AVSE Global , whose predecessor was the Association of Vietnamese Scientists and Experts in France, was established in Paris in 2011 with a view to connecting overseas Vietnamese scientists and experts to capitalise on their potential. With the participation of hundreds of Vietnamese experts and scientists around the world, it has been implementing a number of programmes to support the homeland’s development. Its activities cover five main areas, namely organising annual workshops and forums, mostly in Vietnam, about different development topics; projects giving consultancy to central agencies, localities, and businesses; high-level training programmes; innovation projects; projects on research and … [Read more...] about AVSE Global to contribute more to homeland’s development
Supporting the digital economy space
The interest rate hikes by the US Federal Reserve and other central banks that began to significantly accelerate in the second half of 2022 have impacted the tech industry and investors in significant ways. These hikes are expected to continue, at least in the short term, until the central banks are satisfied that inflation is under control or lose their nerve. When that happens is anyone’s guess. Eric Johnson, counsel at Freshfields Bruckhaus Deringer LLP This rapidly changing financial environment has made it more difficult for digital economy companies, especially those that are currently not profitable, to raise money in both public and private markets. Many investors have adopted a wait-and-see approach until the situation becomes clearer, and are revisiting the assumptions behind the sky-high valuations that many tech companies previously commanded. The recent failure of Silicon Valley Bank in the US has sent a shockwave through the tech and venture capital … [Read more...] about Supporting the digital economy space