Blockchain

Representatives of Kronn Ventures AG and Linh Thành Group after signing a memorandum of understanding for the production of a cryptocurrency and the establishment of an exchange in Việt Nam. — Photo prnewswire.com Viet Nam News HÀ NỘI – Việt Nam will soon launch a new cryptocurrency exchange – the first of its kind in the country. Kronn Ventures AG, a blockchain-focused company from Switzerland, is behind the move. The Swiss company last week signed a memorandum of understanding with Vietnamese distribution company Linh Thành Group for the production of the cryptocurrency and the establishment of an exchange in Việt Nam. They have obtained a licence for the launch of a cryptocurrency exchange, according to the Swiss company’s source. Kronn Ventures AG is based in Zug, which is known as the “Silicon Valley” of cryptocurrencies by the global crypto community. In October 2018, the firm formed a … [Read more...] about Việt Nam to launch first cryptocurrency exchange

At the event (Photo: VNA) HCM City (VNA) – A seminar themed “Intellectual Property Rights (IPRs) Protection And Enforcement in Industry 4.0” took place in Ho Chi Minh City on October 10 to exchange experience between Vietnam and Japan in the field. Co-organised by the Intellectual Property Office of Vietnam (IP Vietnam) and the Japan Patent Office (JPO), the event was the 8th of its kind since 2005. Speaking at the function, Le Ngoc Lam, Deputy Director General of IP Vietnam, said an effective IP system is necessary amid the 4th Industrial Revolution. He suggested Vietnam need to complete and renovate protection mechanisms targeting new areas emerging from the revolution like artificial intelligence (AI), the Internet of Things (IoT), 3D printing and nanotechnology, among others. The enforcement capacity of IPRs in cyberspace is also important, Lam added. The official said IP agencies should apply new technologies, particularly blockchain, big data, and AI, in … [Read more...] about Intellectual property system works to adapt to 4th Industrial Revoluti

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14