Hanoi (VNA) - The Ministry of Information and Communications (MIC) is proposing the amendment of some articles in the Law on Electronic Transactions No. 51/2005/QH11 in order to fix its shortcomings. The ministry said that the law was passed by the National Assembly in 2005, and it had played an important role in creating a legal basis to promote e-transactions, promoting the application of information technology and contributing to socio-economic development for nearly 15 years. However, there are some shortcomings which needed to be amended and supplemented after 15 years of implementation. Statistics in the E-Commerce White Book 2019 showed that the size of the e-commerce market reached about 7.8 billion USD in 2018, including online retail, travel, marketing, entertainment and purchase of other digital products and services. If the growth rate continues at 30 percent, the market size will hit 13 billion USD by the end of this year. However, many experts believed that the … [Read more...] about Law on electronic transactions to be amended
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Their role in the host countries has also improved with recognized legal status, stable residence, better integration into the society, and more engagement in politics. An estimated 500,000 or 10% of OV are experts and intellectuals. A generation of talented young Vietnamese people is recognized in spearhead sectors namely IT, telecommunications, electronics, new materials, machine engineering and biology. … [Read more...] about Overseas Vietnamese: Inseparable part of Vietnam
But what about those companies that were not as well prepared or fortunate? Well, the good news is that it is not too late. Having seen the consistent patterns in those companies that have done well, my advice would simply be to copy them. Start your own transformation in both technology and organisational approach. It is easier than most people imagine, especially now the urgency is upon us. The best companies had many new slogans such as “courage to try” and “have no fear”. Once we set our minds to modernisation, we see quick results and then there is no retreat to the old ways. … [Read more...] about How the best companies in Vietnam grew during COVID?
HCM City (VNS/VNA) - HCM City should learn from other countries’ experiences in building a world-class science and technology park so that it can shift to a knowledge-based economy, speakers said at a recent conference in the city. Dr. Nguyen Anh Thi, head of the board of management of Saigon Hi-tech Park (SHTP), said the city should place great emphasis on development of human resources in the hi-tech sector so that it can move from an industrial-based to a knowledge-based economy. SHTP has a vision to lay a foundation for development of high-tech industries in HCM City. “We aim to create an environment to improve the quality of human resource training as this is the most important factor in production,” he said. Thi also noted that it was important to enhance links between educational institutions, enterprises and SHTP. The city should learn from successful models of science and technology parks from other countries such as Japan, the Republic of Korea, … [Read more...] about HCM City to build sci-tech park in eastern innovation hub
In the grand opening ceremony, VDI’s Chairman Nguyen Dinh Thang shared that in Industry 4.0, the quicker is the more successful; therefore, VDI wishes to become an active organization in both the domestic and international innovative startup ecosystems. Thanks to the strength of members in technology and administration, VDI hopes to help young businesses take confident steps towards their sustainable development. … [Read more...] about Vietnam Digital Investor Club formally introduced