Vietnam needs to address its human resource issues to fully capitalise on AI A PwC study shows that the application of big data and AI into maintenance operations could increase by 38 per cent in the next five years. This technology allows companies to better understand assembly lines and anticipate maintenance errors. Thus, manufacturing companies are no longer dependent on a fixed maintenance schedule. If it is possible to predict technical errors, factories can avoid production disruptions, improve the life circle of machines and equipment, as well as stabilise production. In particular, intelligent robots with the ability to perform complex operations requiring high precision can soon replace people in dangerous stages, thereby increasing productivity and safety levels in factories. Not only in manufacturing, but many telecom companies have started AI applications in managing mobile phone subscriptions. VNPT has been actively investing in human resources to master many AI … [Read more...] about Will human resources become the weak point of AI?
Citizens human resources
While the global and Vietnamese economies are both facing numerous difficulties, National Citizen Bank (NCB) still reported positive business results in 2018 and will make an effort to maintain this growth momentum this year. National Citizen Bank held its annual shareholders' meeting on April 26 On April 26, NCB held its annual shareholders’ meeting to review its operations in 2018 and approve the development plan for 2019. Notably, NCB’s positive business results in 2018 will contribute to its target for effective, stable, and breakthrough development for 2016-2022. Accordingly, it acquired VND224 billion ($9.7 million) in net profit and an on-year increase in pre-tax profit. Besides, the revenue from service fees and other services saw an increase of 40 per cent on-year. By the end of 2018, NCB reported total assets of VND72 trillion ($3.13 billion) and mobilised VND56 trillion ($2.43 billion) from customers and issued loans worth VND35 trillion ($1.52 … [Read more...] about National Citizen Bank to maintain growth momentum in 2019
The Hanoitimes - As of present, a total of 71 countries and territories have recognized Vietnam`s market economy status. Next-generation FDI strategy required for Vietnam's greater global integration Private conglomerates are key for Vietnam’s global integration Vietnam remains steadfast in global integration: PM Brand development as strategy for enterprises in global integration Vietnam has to place enterprises and citizens at the center of the country’s ongoing efforts for global integration, according to Prime Minister Nguyen Xuan Phuc. Overview of the conference. Source: VGP. Vietnam has been steadfast in its policy for global integration and has achieved significant results over the past five years, Phuc said at a conference discussing Vietnam’s policies for global integration on April 23. Firstly, the country could take advantage of the favorable external environment for economic development, while promoting its image and … [Read more...] about Vietnam places enterprises, citizen at center of global integration efforts
National Citizen Bank has been approved to issue close to 200 million shares for $86.74 million of capital. National Citizen Bank will use the proceeds to improve its image and overhaul its digital infrastructure In particular, National Citizen Bank (NCB) plans to sell 199.44 million shares, 184.6 million of which would be reserved for current shareholders and 14.88 million would be given to staff. The expected price is VND10,000 ($0.43) per share. After 90 days of sale, NCB expects to raise VND1,995 trillion ($86.74 million). According to the bank, these new funds will be used for an overhaul of the bank's image and digital infrastructure. NCB will also inject capital into its debt collection arm, as well as add provisions for mid- to long-term lending. Unless otherwise stated, registration and deposits for these new shares will start on March 28. The deadline is April 17, 2019 for existing shareholders and May 3, 2019 for staff members. Shareholders can make their purchase … [Read more...] about National Citizen Bank to issue 200 million new shares
A workshop to announce Vietnam’s third-cycle Universal Periodic Review (UPR) Country Report on Human Rights Practices was held in Hanoi on December 3 with the participation of Vietnamese officials and representatives of involved UN representatives. At the workshop The workshop acknowledged that Vietnam has implemented 175 out of the 182 recommendations by the UN Human Rights Council’s (UNHRC) second-cycle UPR which it accepted in June 2014. According to Vietnam’s third-cycle UPR Country Report, the realization of the recommendations has left positive impacts on all aspects of society in Vietnam, especially in making human rights-related laws, ensuring social welfare, improving people’s living standards, and promoting cooperation and dialogues on human rights at regional and international levels. Since the 2014 UPR, Vietnam’s achievements in socio-economic development and progresses in human rights practices have been acknowledged by the … [Read more...] about Vietnam makes much progress in human rights practices