Xtreme Studio’s launch of the Vietnam-made virtual reality (VR) game called Top of Vietnam on May 10 showed that VR can be used in many different fields and that Vietnamese can master this technology. VR allows people to experience trips around the world though they are just sitting at home. Travelers can make ‘draft’ tours with VR before deciding whether to go there. The Conservation reported that after a virtual trip to the Great Barrier Reef offshore Queensland with VR device, users felt as if they had been to the world’s largest coral reef. Vietnam has also begun utilizing VR in entertainment and tourism products and services in order to lure more customers. Some businesses believe that VR could be used in the advertisement and marketing industries. VR game areas are now available in all entertainment areas of Vincom shopping centers belonging to Vingroup. Visitors to Landmark 81 Tower now can experience the thrills of parachuting in Top of Vietnam. VR … [Read more...] about Vietnam-made virtual reality technology allows on-the-spot travel
It's clear that digitalization is a prerequisite for local banks to survive and develop in the new era. A raft of other banks in Vietnam are rushing to implement technology projects towards developing digital banking and digital ecosystems, creating a new competitive dimension in attracting users. Digitalization is becoming a strategic key for local banks to bolster their competitiveness, enhance their business performance, and drive growth. Into the new era The advent and development of state-of-theart payment technologies are driving banks into the digitalization playground to stay abreast of new trends that cut costs and increase revenue while bringing more benefits to customers, Mr. Le Anh Dung, Deputy Director of the Payment Department at the State Bank of Vietnam (SBV), told the Vietnam Banking Conference 2019 last month in Ho Chi Minh City. Following the government’s roadmap towards a cashless economy by 2020, local banks are acutely aware of the need to move ahead with … [Read more...] about Digital the only way forward
It is expected that AI will make up US$15.7 trillion in the global economy. From 2020, the global GDP will grow more rapidly than the previous period, of which 50% will come from AI’s influence. In Vietnam, AI is being used in apps such as face-identification technology cameras, smartphone chatbots, self-propelling vehicles, and nano robots. However, Viet said with limited financial capability, Vietnamese enterprises should think carefully about what they need. “Vietnam may waste time on research that Google, Facebook and Microsoft have done,” he said. “Vietnamese scientists should help businesses catch up with the fourth industrial revolution,” said Nguyen Xuan Hoai, head of the Information Technology Research & Development Institute, an arm of the Hanoi University. Five or six months ago, the owner of a large seafood company came to see Hoai, The company exported US$1 billion worth of seafood products in 2017. The owner of the company said he … [Read more...] about Will Vietnam become an AI hub?