The Hanoitimes - Vietnamese people have spent considerable time on activities on cyberspace, serving different needs. Therefore, developing a digital ecosystem that serves the Vietnamese people is a long and necessary journey, creating more value for society and the people, Vietnam Internet Day 2018, with theme of "Internet and Vietnam’s digital ecosystem", aimed at creating a knowledge connection, support and linkage among enterprises, users and state agencies in the Internet industry. The conference and exhibition on Vietnam Internet Day 2018, organized by the Vietnam Internet Association (VIA) in Hanoi on December 5, were the highlight of the year for the Vietnamese Internet community. Vietnamese businesses have the capacity and desire to own technology and, the domestic market in the development of digital ecosystem. Photo: Phuong Anh With a population of approximately 95 million people and the Internet penetration rate of over 60%, Vietnam is ranked 16th in … [Read more...] about Vietnam Internet Day 2018 focuses on digital ecosystem amid booming users
Digital ecosystem examples
YOLO digital bank expected to make a breakthrough in mobile financial service
Viet Nam News VPBank recently launched a digital bank called YOLO in which users can access not only daily services such as taxis, movies, hotel bookings and food and beverage orders, but also banking services including savings and loans associated with Master Card. Director of YOLO Shameek Bhargava talks with local media about the unique digital banking platform that VPBank is proud to add to the market Can you tell us about the background of the digital bank? The idea of forming YOLO originated from the desire to create a digital platform capable of reaching and serving millions of new customers quickly – a digital banking platform that has the potential to thrive and break through what we see as the traditional banking model. With such big ambitions, we have used a completely new, independent technology platform that is different from current banking platforms which use the traditional core banking system. This platform allows us to grow faster than existing technologies … [Read more...] about YOLO digital bank expected to make a breakthrough in mobile financial service
Citizen-centric digital systems, a story of e-government from Estonia
Connected: A police officer demonstrates a mobile workstation installed in his patrol car. The mobile workstation provides officers in the field almost instantaneous access to vital information such as place of residence, images, telephone numbers or driving licence data. — VNS Photo Trường Sơn Viet Nam News By Hồng Minh Karim Heredia, a software engineer from Guatemala, moved to his wife’s homeland Estonia some 10 years ago in search of better work opportunities than in crisis-hit Ireland. However, after some time living and working in the Estonian capital Tallinn, Karim discovered a few other good things he had not seen outside the small Baltic state. He is living in the digital future. “When you are a foreigner and get your Estonian ID, you are also getting your electronic identity. With that, you can file taxes online, access information about property, bank accounts, mobiles, whatever services you need,” he shared … [Read more...] about Citizen-centric digital systems, a story of e-government from Estonia
Siemens takes the world on the “digital silk road”
The Belt and Road Initiative is China’s ambitious project to boost trade and infrastructure investment in about 90 countries along the ancient Silk Road trade routes from Asia to Europe and Africa. At the Belt and Road International Summit held in Beijing in early June, Siemens presented the opportunities created by China’s Belt and Road Initiative On the sidelines of the Belt and Road International Summit held by Siemens AG in Beijing in early June, VIR’s Bach Quang spoke to Cedrik Neike, Siemens AG board member, on business opportunities for the German firm from the initiative engagement. Siemens has just entered into more than ten agreements with Chinese partners to explore opportunities from the Belt and Road Initiative (BRI). How are the deals going? Cedrik Neike BRI is all about infrastructure and bridge building. It is about bridges connecting societies, economies, and cultures, but also about bridges between the physical infrastructure and … [Read more...] about Siemens takes the world on the “digital silk road”
Adopting tech changes: a must in the digital age
Why are companies implementing digital transformation initiatives? CIO Rahul Shinde of Duy Tan Plastics Manufacturing Corporation People and culture must come before the technology to unlock the full potential of digital. The companies have been transforming for the last 30-40 years using technology and we have seen many phases of development and transformation to respond to the changing business climate. However, what is different today is that in the recent past, the pace, cost, and volume of technical innovation has accelerated the way businesses adopt technology and hence today’s transformation is happening via tools, processes, and data that is driven through digital channels. With a new breed of online companies providing enhanced customer experience using new online marketing channels, providing digitally-enhanced products, and utilising cloud technology to engage and service customers utilising data-driven insights, and customers embracing the same has … [Read more...] about Adopting tech changes: a must in the digital age