Global issue

The jump indicates the expansion of the scope of influence of the university's online resources and website not only in Vietnam and the world's academic community but in society. Vietnam National University-Hanoi (VNU-Hanoi) ranked 661st in the latest Webometrics Ranking of World Universities in 2023, jumping 97 places from the previous list released in August 2022. With the new position, the VNU-Hanoi stood 137th in Asia and 11th in Southeast Asia, according to the rankings freshly issued by the Cybermetrics Lab, a member of the Spanish National Research Council. The VNU-Hanoi ranks 11th in Southeast Asia in the latest Webometrics Ranking of World Universities. Screenshot: Anh Kiet/ The Hanoi Times (Source: webometrics.info) To the VNU-Hanoi, the jump from the 758th position in the January rankings to the 661st  indicates the broadening scope of influence of its online resources and website not only in the academic community of Vietnam and the world but … [Read more...] about Hanoi’s university leaps 97 places in Webometrics global rankings

Rikkeisoft's leaders announced the establishment of RKTech in the US and appointed Bui Hoang Tung as their Senior Executive Vice President of Rikkeisoft Corp. and CEO of RKTech Corp. — Photo courtesy of the firm Rikkeisoft on Tuesday officially announced the establishment of its subsidiary company - RKTech in the US, acting as a bridge coping with timezone and communication challenges between US businesses and Viet Nam-based production teams. Located in Plano, Texas - a technology hub in the US, RKTech could help US companies easily access Southeast Asian IT services as an alternative to ones from other outsourcing countries such as India and Argentina. RKTech will develop and deliver high-value IT services to the US market. This is also an opportunity for the corporation to access global cooperation, helping them achieve their goal of becoming a billion-dollar company in the next five years. RKTech also appointed Bui Hoang Tung as their Senior Executive Vice President of … [Read more...] about Rikkeisoft enters the US market to realise the “Go Global” strategy

The country is forecast to be the second-fastest growing economy in Asia-Pacific this year. Vietnam would continue to prioritize macroeconomic stability and containing inflation in anticipation of greater challenges from both domestic and international fronts in 2023. Prime Minister Pham Minh Chinh at the meeting. Photos: VGP Prime Minister Pham Minh Chinh gave the remarks during a monthly Government meeting today [February 2]. According to Chinh, Vietnam’s socioeconomic performance in January has been positive with strong results in all fields and sectors, especially in industries, agriculture, and tourism. The World Bank in its latest global economic outlook report forecast Vietnam’s GDP in 2023 at 6.3% year on year, down 0.2% from the previous assessment, but still the second highest in Asia-Pacific. In addition to economic development, the authorities have taken measures to ensure social welfare and provided financial support for 25 million eligible … [Read more...] about Vietnam prioritizes macroeconomic stability in 2023: PM

ChatGPT and AI is set to boom in Vietnam In the early days of 2023, ChatGPT released by OpenAI is becoming popular all over the world. ChatGPT is a chatbot providing solutions to complex problems directly like composing essays, coding, and drafting business proposals. Within a few seconds after entering keywords, ChatGPT will provide text, images, audio, and other entertainment media in excellent quality. Just a few weeks after launching, this “super AI” has reached over 10 million users and has rapid growth. This success helps OpenAI negotiate an investment agreement worth $30 billion, more than double its valuation in 2021. After investing $1 billion in ChatGPT in 2019, Microsoft is planning to invest another $10 billion in exchange for 49 per cent of OpenAI's stake. This tech giant is considering integrating ChatGPT into Word, Powerpoint, Outlook, and even the Bing search engine to compete for market share with Google Search. Eric Boyd, CVP of AI Platform at Microsoft, … [Read more...] about ChatGPT and AI booms in Vietnam

An overview of Ho Chi Minh City (Photo: VNA) HCM City (VNS/VNA) – Ho Chi Minh City is likely to face hurdles caused by a global recession this year and escalating uncertainty, Vice Chairman of the municipal People’s Committee Duong Anh Duc has warned. Speaking at a meeting on February 1, he said the global economic slowdown and inflation would impact the city’s socio-economic development, slowing its recovery. Global growth is expected to decrease from 3.2% last year to 2.7% this year, he said. The real estate, stock and bond markets are all expected to face huge challenges this year amid tightening monetary policy, according to Duc. Many local businesses lack orders because of the weak global demand, and the situation would not improve until the middle of the year, he said. The city would organise meetings to discuss measures to support businesses and workers, and seek ways to supply the economy with capital amid the tight monetary policy, Duc said. For … [Read more...] about HCM City to face economic challenges, recovery to be hit

By 2025, the Ministry of Information and Communications expected Vietnam to have 80,000 digital tech firms, meeting at least 50% of digital tech and services from state agencies. Vietnam aims for the digital technology industry to lead the implementation of Industry 4.0 in the country, with revenue growth 2.5 times higher than the overall GDP expansion rate. ICT to help Vietnam realize the digitalization process. File photo The target was revealed in the Ministry of Information and Communications (MIC)’s directive for information and communication technology (ICT) development in 2023 and the 2024-2025 period. "Digital technology focused on design, creation, and manufacturing in Vietnam is the main industrial sector driving the nation's industrialization and modernization, contributing to greater digitalization capability and shaping a digital country," the MIC stated. Under the plan, the ministry expected revenue from the ICT sector would hit US$165 … [Read more...] about Digital technology to spearhead Vietnam’s drive for Industry 4.0

The book shows the Party Chief’s comprehensive direction in the graft fight drawn from practice and foresight on issues of Party building, anti-corruption, and the country’s development. Vietnam today [February 2] introduced the launch of a 600-book on the corruption fight by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. The book on Anti-corruption was written by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. Photo: NLD Titled “Persistently determined to prevent and fight against corruption and negative phenomena, contributing to building an increasingly transparent and strong Party and State”, the book summarizes the anti-corruption direction of the General Secretary, who is also head of the Central Steering Committee on Anti-corruption. The book, published by the National Political Publishing House, will be released in print and online. The online version is available for free on stbook.vn . … [Read more...] about Vietnam publishes book on Communist Party chief’s anti-corruption

Vietnam's real estate market continues to show strong appeal to foreign investors despite global economic difficulties. The foreign direct investment (FDI) into Vietnam’s real estate market in 2022 rose by over 70% yearly to US$4.45 billion, focusing on industrial and large-scale commercial projects, according to the Ministry of Construction (MoC). Real estate projects in Hanoi. File photo The MIC’s report suggested that real estate stands second among sectors with the highest FDI attraction in 2022, which showcases “the strong appeal of the market to foreign investors amid a difficult global economic environment.” Neil MacGregor, Managing Director of Savills Vietnam, echoed this view by saying foreign investors remain attracted to Vietnam, especially in production, retail, logistics, and real estate. He expected the attention from foreign investors would help the local real estate accelerate the recovery process this year. Regarding this sentiment, HSBC … [Read more...] about FDI to Vietnam’s real estate rises by over 70% in 2022

Participants at the ceremony (Photo: VNA) Hanoi (VNA) – A ceremony was held in Hanoi on February 2 to release the book entitled “Resolutely, persistently fighting corruption and negative phenomena to contribute to building more transparent and stronger Party and State” by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. The release of the book is part of activities to celebrate the 93rd founding anniversary of the CPV (February 3) and the 10th anniversary of the establishment of the Central Steering Committee for Prevention and Control of Corruption and Negative Phenomena (February 1). Jointly published by the CPV Central Committee’s Commission for Internal Affairs and the Su That (Truth) National Political Publishing House, the book presents directions of comrade Nguyen Phu Trong as the Party leader and head of the steering committee in a systematic manner, and demonstrates the Party’s consistent ideology on the prevention and control of … [Read more...] about Party chief’s book on fight against corruption and negative phenomena released

The conference was attended by Deputy Chiefs of the General Staff Senior Lieutenant General Huynh Chien Thang, Senior Lieutenant General Phung Si Tan, Lieutenant General Nguyen Doan Anh, Lieutenant General Nguyen Van Nghia, and Major General Pham Truong Son. In the previous month, the General Staff directed its affiliated units to strictly maintain combat readiness, grasp local situations and address arising issues, contributing to firmly protecting national sovereignty. They also closely worked with relevant forces; observed all directives of of the Secretariat, the Prime Minister and the Directive of the Minister of National Defense on combat readiness and well organized activities in celebration of the lunar New Year 2023 (Tet) with absolute safety. During the Tet holiday, the General Staff extended greetings and inspected combat readiness in some military units, made good preparation for training work in 2023, mobilized troops in response to natural disasters and search and … [Read more...] about General Staff reviews task performance in January 2023