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The pandemic has accelerated an already strong shift towards digital across the world, redrawing how we live, work, and pay. Visa’s Consumer Payment Attitudes 2021 study shows that over half of Vietnamese consumers now regularly shop online and expect to be able to pay by card or mobile even in small physical stores. “As the architect of many of the solutions enabling this change, Visa is leveraging its world-leading digital expertise to make sure this transformation is inclusive and equitable,” said Dung Dang, Visa country manager of Vietnam. “We believe the digital economy will create global prosperity because economies that include everyone everywhere.” Innovation Workable strategies to go digital and embrace innovation are becoming essential. Around 90 per cent of small businesses with a digital presence attributed their pandemic survival to e-commerce, according to the 2022 Visa Global Back to Business Study. Visa is heavily invested in creating an ecosystem of … [Read more...] about Visa paving the way to an inclusive digital economy

The Association of Southeast Asian Nations, or ASEAN, was established on August 8, 1967, marking the start of the process of deepening its integration for peace, stability, and development in Southeast Asia and the region. Minister of Foreign Affairs Bui Thanh Son From a group of Southeast Asian countries divided by war, through 55 years of construction and development, ASEAN is today one of the most important, prestigious, and successful regional organisations in the world. It has become a shared home for more than 650 million people across all 10 Southeast Asian countries which boast diverse cultural identities, the fifth-largest economic community in the world, and a reliable and important partner of many countries. ASEAN plays a central role in important processes of dialogues, cooperation, and also linkages throughout the region. Shared vision and identity The birth of ASEAN 55 years ago reflected the common aspirations of many countries in the region … [Read more...] about Building on the ASEAN Community

The “Best companies to work for in Asia 2022” Award evaluates and honors businesses with outstanding human resource policies, and an attractive working environment with gorgeous benefits for employees. Notably, HR Asia used the TEAM (Total Engagement Assessment Model) to survey the satisfaction of all employees. In 2022, the award attracted the participation of thousands of big companies in 13 Asian markets such as Singapore, Hong Kong, Chinese Taipei, Thailand, and China. In Vietnam, almost 622 companies participated and 46.270 employees completed the survey. After a strict evaluation process, 120 Vietnamese enterprises were honored in the recent awards ceremony. Representative of Hanwha Life Vietnam received the trophy at the “Best companies to work for in Asia 2022” award ceremony Joining the prestigious Asia award for the first time, Hanwha Life has surpassed many other players in the sector to secure impressive high scores. The survey results show the … [Read more...] about Hanwha Life Vietnam wins “Best companies to work for in Asia 2022” Award

The conference was attended by General Luong Cuong, Director of the General Department of Political Affairs (GDP) of the Vietnam People’s Army, Senior Lieutenant General Nguyen Tan Cuong, Chief of the General Staff and Deputy Defense Minister, among others. At the event, Major General Nguyen Quoc Viet, Chief of the Department of Barracks under the General Department of Logistics, reported on the master plans for building barracks of the three units. Accordingly, under the direction of the defense leaders, the Department of Barracks has collaborated with the three units and relevant agencies to complete the master plans. The department has also promptly reported the results of the building process to leaders of the MND. After listening to the report, delegates contributed opinions to the master plans with a focus on shortcomings and solutions, especially about individual areas, elevators, basements, and so on. Speaking at the conference, General Giang applauded efforts and … [Read more...] about MND reviews barracks building plans of units

Minister of Foreign Affairs Bui Thanh Son (Photo: VNA) Hanoi (VNA) - Minister of Foreign Affairs Bui Thanh Son wrote an article entitled ’55 years of ASEAN: One Vision, One Identity, One Community’ on the 55th anniversary of the Association of Southeast Asian Nations (ASEAN) (August 8, 1967-2022). Following is the full text of the article: “On August 8, 1967, the Association of Southeast Asian Nations (ASEAN) was established, initiating the process of extensive integration for the sake of peace, stability, and development in Southeast Asia and the region. From a group of Southeast Asian nations divided by wars, after 55 years of growth, ASEAN is today one of the most important, reputable, and successful regional organisations in the world, a ‘common home’ for 650 million people in 10 Southeast Asian countries with diverse culture, the fifth largest economic community in the world, and an important and reliable partner of many countries in the world, and an organisation that … [Read more...] about 55 years of ASEAN: One Vision, One Identity, One Community

The capital has left a good impression on Southeast Asia sports delegations and international reporters attending the 31st Southeast Asian Games (SEA Games 31). Foreign correspondents and athletes attending the 31st SEA Games shared with The Hanoi Tim es their profound feelings about Hanoi - the warm and thoughtful welcome the city has accorded them. Hanoi welcomes delegates attending the SEA Games 31. Photo: Duy Khanh/ The Hanoi Times Ahmad Munawwar Helmi Salim, medical team leader for the Malaysian sports delegation: Impressed with the strong development of Hanoi Ahmad Munawwar Helmi Salim, medical team leader for the Malaysian sports delegation. Photos: Do Huong This is the first business trip of our delegation after a long period of the Covid-19 pandemic. We have about 40 medical staff including doctors and nurses attending the event. The schedules and locations of the competitions held in Hanoi and some neighboring … [Read more...] about [Hanoi-SEA Games 31] Hanoi gives SEA Games 31 warm, thoughtful welcome

As ASEAN is increasingly growing in international prestige and economic strength, the bloc has been attracting the attention of many organisations, countries, territories, and partners including the United Kingdom, with many meetings and dialogues organised. Since the UK left the European Union, it has actively been working with partners to expand relations, with a focus laid on trade and investment in a bid to create more added value to its economy and generate more employment for British people. British-based groups like Standard Chartered have made a mark in Vietnam for decades, Photo: Le Toan On August 4, both sides issued the first plan of action to implement the ASEAN-United Kingdom Dialogue Partnership from 2022 to 2026, underlining bilateral cooperation in politics and security, trade, investment, finance, energy, culture, the environment, and climate change, among many others. Both sides have committed to explore opportunities to build on two-way trade and … [Read more...] about UK ramps up Global Britain agenda with new dialogues

Danny Le, CEO of Vietnam’s Masan Group, shared some insights on how the group could successfully achieve digital transformation and gave advice on where businesses should start to accomplish such goals. The COVID-19 pandemic changed consumer behavior and accelerated the digitization process, and the most resilient businesses are those that quickly applied necessary technology to boost their digital transformation. During the discussion session on developing the digital economy at the Business Forum 2022 organized by Forbes Vietnam, CEO of Masan Group Danny Le shared some insights on where businesses should start in their journey to achieve digital transformation. Where to start? Starting as a fast-moving consumer goods company, Masan entered the retail sector in 2019 and aims to transform into a consumer technology business in 2022. However, the technology factor is not enough to become an independent business model at Masan because it does not create enough of a use case … [Read more...] about Vietnam’s Masan focuses on digital transformation to boost consumer retail

Until now, only seven out of 111 planning documents have been approved, including those on national land use and only 4 national industry planning pieces in the transportation field. It is obviously illogical since land is a valuable national resource and should be allocated to best promote the national competitiveness as well as the regional geographic advantages after identifying specific regional industry planning. He took the planning of Lien Chieu Port in Da Nang City as an illustration. It is too hard to transform this port into an international-scaled one no matter how much the local authorities wish for it to come true. Meanwhile, Chan May Port on the other side of Hai Van Pass is a more suitable place for this purpose. Considering the regional competitive advantage, it would be much better to invest in turning the latter port into an international one and building a railway to connect it to neighboring areas. As to the vision until 2050 of the newly released national … [Read more...] about National master planning needs changes in development thinking for breakthrough

On a mid-July afternoon, summertime for children, at 146 Nguyen Dinh Chieu, students were lining up for a school bus preparing for a field trip. This is one of many activities included in the "Summer of Game Changers" program in 2022 organized by ILA. This seven-week course was designed by ILA to not only let students experience different summer activities, but also help them reignite their passion for learning and discovering, and build the foundation of an active leader, with other important aspects that will prepare them to become the guiding generation. "ILA’s education method is to encourage confidence and natural growth. That they’ve done well, and we encourage them to do even better. They have improved themselves, understood their core values, matured, eventually left school, and helped change the world," said Tran Xuan Dzu, CEO of ILA. Under Dzu’s leadership, ILA has set up more than 50 English centers across 13 cities in Vietnam, teaching over 1 million students to become … [Read more...] about ILA English center marks 25 years of persistence with education, youth nourishment