Cloud computing current trends

Thanh Tung dropped his major in marketing after pursuing it for a year and realizing it was not the right path for him. But for several months after switching majors, he’d been suffering from anxiety and insomnia over the decision. "I went to bed late, woke up at around 3-4 a.m., and could not go back to sleep until the morning. I had negative thoughts and cried a lot." The young man said he worried that his new major was just another "wrong decision." He felt like he didn’t have the energy to do anything other than lie down and surf his social media feeds. But this habit only compounded the problem from another angle. "Seeing so many talented people around my age on social media made me feel inferior," he said. "I felt like no matter what I do, I would never be as successful as them." Other aspects of his life had also been affected, including his relationships. Just a delay in the speed of his girlfriend’s text message replies made him wonder if she was tired of him or had … [Read more...] about Vietnamese youth suffer from overthinking, anxiety

Ericsson and RMIT University have signed an agreement to launch an AI lab at RMIT’s campus in Hanoi. How important is this to you, as well as to the development of qualified human resources in Vietnam? Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia, and Laos The joint initiative, which we hope will be launched by the end of this year, is an extension of the existing 5G education collaboration between RMIT and Ericsson that helps educate Vietnamese students on 5G and emerging technologies, such as AI, machine learning, blockchain, cloud computing, AR/VR and automation. It enables RMIT’s science, technology, and engineering students to actively participate and contribute to the country’s digital economy and digital transformation journey. The partnership is also an industrial research and education initiative focusing on the application of AI to Industry 4.0 initiatives enabled by the roll-out of 5G in Vietnam. Through this initiative, Ericsson … [Read more...] about Ericsson to accelerate Vietnam’s digitalisation journey via upskilling in 5G

Some of the biggest telecoms groups know that going digital will help claw back disinterest in more traditional areas Bui Anh Tuan, deputy head of Viettel Telecom’s IT Solution and Digital Service Centre, and his team are preparing to introduce new digital platforms to meet growing demand in the local smart home market. “We are developing new products, platforms, and services for smart homes such as fire alarm services connecting to security units, security services, and maid services, which are expected to come to the market by end-2023, or early 2024,” he told VIR. Smart homes are one of the businesses that Viettel has developed in the past two years in an effort to offset losses from its traditional business lines. One of its products being the Home Camera, an AI smart security camera solution, which is now found in 300,000 households. Meanwhile, its TV360 app boasts around 10 million users. Tuan said that like other mobile network operators, Viettel faced drops in … [Read more...] about Businesses compelled to venture into digital space

Vietnam Airlines is aiming to become a digital carrier by 2025. How is it doing so far? Hoang Ngoc Chi, deputy director of the Digital Transformation Centre In 2022, Vietnam Airlines cooperated with Viettel Corporation to build a digital transformation strategy and the roadmap to implement that strategy. At the end of 2022, we issued a digital transformation strategy, in which visions, missions, and goals were clearly set out to become a digital airline by 2025, and have clearly worked out how to make it happen. Vietnam Airlines has a good starting point, with a digital maturity level at 1.57 points in 2022 out of a total of five points, as based on indicators for large enterprises as developed by the Ministry of Information and Communications. According to the digital transformation criteria, there are six main categories: customer experience, digital strategy, digital technology, digital operation, digital culture, and data. According to this criterion, to become a … [Read more...] about Vietnam Airlines steadfast in going digital by 2025

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

Vinh Hoan Corporation and Vietnam Food Company (VNF) were two of over 1,000 local and international food entrepreneurs from more than 45 countries to attend Food Ingredients Asia 2023 and Vitafoods Asia 2023 last week. Organised by Informa Markets in Bangkok on September 20-22, the two businesses from Vietnam were busy taking care of people visiting their booths. “We focus on exporting to the EU and Asia, and participating in exhibitions is an effective solution to find partners and distributors, said Thu Tran, chief sales officer of Vinh Hoan Corporation. “We have regularly participated in exhibitions, especially international ones. This year alone, we have attended exhibitions in South Korea, Thailand, and Germany as well as Vietnam.” Seafood processor and exporter Vinh Hoan has a subsidiary named Vinh Wellness, which was the first in Vietnam to apply high technology to produce collagen peptides and gelatin from basa fish skin. “Participating in international … [Read more...] about Exhibitions provide path for F&B ingredients enterprises

The “big piece of cake” is available There are about 2.1 billion Muslims globally. The yearly amount of money they spend is estimated at about USD 10 trillion. Most of Muslim tourists to the province come from the Middle East, India, Pakistan, Malaysia, Singapore, and Indonesia with stable and strong financial resources and willingness to pay. According to experts, Islamic tourism, also known as Halal tourism is shifting to Southeast Asian countries, including Vietnam. However, according to Ms. Tran Nu Ngoc Anh, an E.U. project expert, CEO of Dong A Hotel Group Joint Stock Company, to tap Islamic tourism, it requires tourist destinations, accommodation facilities, restaurants to have separate reception space and other facilities that meet their dietary needs, strict religious living habits, respect for different religious rituals, and separate reception times to avoid overlapping with reception times for other guests. Therefore, it needs the synchronicity and accuracy in … [Read more...] about Quang Ninh seeks ways to attract Muslim tourists

According to the latest report of UOB, after starting off the year at a sluggish pace, with real GDP growth in Q1 decelerating to 3.28 per cent on-year, from 5.92 per cent in the previous quarter, growth momentum in Vietnam remained lethargic, largely due to weak external demand coupled with an underperforming manufacturing sector. As a result, economic growth in Q2 expanded just 4.14 per cent on-year, for a cumulative growth rate of 3.72 per cent on-year in H1, well below the official growth target of 6.5 per cent. In terms of sectoral performance, manufacturing (including construction), which accounts for about 34 per cent share of the economy, managed to gain about 1.1 per cent on-year in Q2 with a positive contribution in H1. Meanwhile, the services sector (43 per cent share) managed to cushion some of the weaknesses from the external sector, rising 6.1 per cent on-year in Q2 following the 6.6 per cent on-year run in Q1. The services sector contributed 2.7 percentage points, … [Read more...] about Soft momentum likely for Q3: UOB

At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production