Hcm software industry

With the new facility, FPT Software is the first Vietnamese IT company to open an office in the Korean market, pinning high hopes on strengthening the company’s presence there and becoming a world-class, billion-dollar company. FPT chairman Truong Gia Binh spoke at the opening ceremony Addressing the opening ceremony, FPT Corporation chairman Truong Gia Binh said, "Our business philosophy is to stay closer to our customers, which could let us reach and serve our customers better. FPT will continuously open new offices around the world. FPT Software's second office in Korea helps us expand our global network further and strengthens our ability to connect and accompany customers despite time and geography." According to FPT Software Korea CEO Ha Minh Tuan, the new office is expected to address the shortage of IT talent in the country. “We also see strong demand for technology solutions such as AUTOSAR, IVI, SAP, low-code, managed services, and digital transformation. … [Read more...] about FPT Software opens new office in South Korea

To avoid harmful advertising, companies should create a list of "toxic" content on the network (called a "blacklist"). Vietnam's advertising companies need a "blacklist" to block malicious content against the Party and Government to avoid breaking the law and facing severe punishment, according to the Ministry of Information and Communications (MIC). Businesses should be wary of harmful advertising content. Photo: The Hanoi Times The ministry has called on advertisers and brands to seriously strengthen the verification of advertisements on the network, to stop the unregulated spread of advertisements, which leads to the indirect distribution of malicious and illegal content in cyberspace. In order to ensure brand safety and contribute to the development of a safe and healthy Vietnamese advertising and digital content ecosystem, the MIC has established a list of "verified" content on the network (referred to as the "white list") to support compliance with … [Read more...] about Blacklist needed to block harmful content in Vietnam’s advertising industry

Illustrative image (Photo: nation thailand .com) Bangkok (VNA) - Thailand's domestic car and motorcycle sales may suffer the brunt if Thai financial institutions are affected by the risk of bank failures in the US and Europe, according to the Federation of Thai Industries (FTI). The concern was raised after US and European banking executives and regulators stepped in to save California-based Silicon Valley Bank, New York-based Signature Bank and 167-year-old Credit Suisse in Switzerland from potential crisis. Surapong Paisitpatanapong, FTI Vice Chairman, said that if the financial turbulence cannot be contained, the global financial system will be affected, which may eventually have a negative impact on Thai banks and non-banks that grant loans to car and motorcycle buyers. The FTI is closely monitoring whether global financial institutions will face an impact, he said. The FTI’s Automotive Industry Club predicted that if the Thai auto industry is not … [Read more...] about Thailand’s car, motorcycle sales may be affected by bank failure risk

Illustrative image (Photo: vov.vn) Hanoi (VNA) - The export value of Vietnamese tea to China in the first two months of this year quadrupled from the same period last year, according to the General Department of Vietnam Customs . China imported 426 tonnes of tea from Vietnam in the two months, representing rises of 121% in volume and 411.2% in value. The average tea export price in February alone surged by over 10% to more than 1,641 USD per tonne. China’s reopening of its border after the COVID-19 pandemic is the main factor behind the strong growth of tea exports to this huge market, reported the Ministry of Industry and Trade. Tea exports to Pakistan also enjoyed an upward trend, reaching 5,300 tonnes worth 9.4 million USD, up 5.8% in volume year on year. Although Taiwan (China) is Vietnam’s second largest tea consumer, tea exports to this market declined slightly over the two-month period. Statistics show Vietnam shipped 1,500 tonnes worth 2.4 million USD to … [Read more...] about Tea export value to China skyrockets

The agreement surpasses the VND20 trillion ($850 million) acquisition of a 15% stake in BIDV from KEB Hana Bank (South Korea) in 2019, setting a new record in the banking industry. VPBank announced that it has completed the sale of a 15% equity interest to Sumitomo Mitsui Banking Corp. of Japan, a member of Sumitomo Mitsui Financial Group, in a transaction valued at $1.5 billion. CEO of SMBC Masahiro Yoshimura and Chairman of the Board of Directors at VPBank Nguyen Chi Dung at the signing ceremony today. Photo: VPBank SMBC Group's latest deal with VPBank makes the former a new strategic investor in the latter. The agreement sets a new banking industry record, with a deal value of VND35.9 trillion ($1.5 billion), surpassing the VND20 trillion ($850 million) acquisition of a 15% stake in BIDV from South Korea's KEB Hana Bank in 2019. The investment is expected to increase VPBank's total capital from VND103.5 trillion ($4.4 billion) to around VND140 trillion … [Read more...] about Japan’s SMBC acquires 15% stake in VPBank for US$1.5 billion

The CFA is part of the UK Government's efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow in 2021. Nine low carbon projects from across Vietnam have been announced to be part of the first cohort of the Climate Finance Accelerator (CFA) Vietnam. The selected projects come from diverse sectors including renewable energy, resource and energy efficiency, electromobility, AFOLUs (agriculture, forestry and other land uses), decarbonised construction, circular economy and waste management, and have the potential to benefit communities across Vietnam. Deep C Green is one of the first nine low-carbon projects in Vietnam to join the CFA. Photo: Deepc.vn Projects will receive tailored one-on-one and group support to improve project readiness and chances of attracting investment from Vietnamese and international investors. This will include advice on technical aspects, financial models, and pitch materials, as well as … [Read more...] about UK-funded CFA to support nine low-carbon projects in Vietnam

The cooperation aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. The Australian Trade and Investment Commission (Austrade) is collaborating with businesses and government in Hanoi, Hue, and Danang to deliver the "Vietnam- Australia: Unlocking Opportunities in Education and Agrifood" roadshow series starting on March 27 in Hanoi with the participation of over 400 Australian and Vietnamese businesses, organizations, associations and institutions. The program aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. Australian food and beverage showcase during the seminar took place on March 27 in Hanoi. Photo: Australian Embassy Vietnam At the kick-off event in Hanoi, Andrew Goledzinowski - Australia’s Ambassador to Vietnam shared that the program will deepen engagement and expand opportunities for Australian and Vietnamese partners in the agrifood and education … [Read more...] about Vietnam and Australia boost cooperation in education, agrifood

Vietnamese companies prioritize environmentally friendly and sustainable practices as part of their efforts to ensure long-term growth. More than 85% of Vietnam's 500 fastest-growing companies (FAST 500) have committed or plan to comply with environmental, social, and governance (ESG) standards, according to a survey conducted by the Vietnam Report Company (Vietnam Report). Electronics production at SGK Company (Chuong My Industrial Park), a component supplier for Samsung. Photo: The Hanoi Times As the global community continues to prioritize environmentally friendly and sustainable practices, Vietnam is also placing a great deal of emphasis on achieving carbon neutrality by the year 2050. FAST500 companies are aware of the importance of ESG standards and are in the process of adopting this strategy, the report states. Specifically, 14.8% of companies surveyed had initiated and implemented some of their ESG obligations, while 37% had fully planned and … [Read more...] about Over 85% of major Vietnamese companies are committed to ESG standards

In his remarks, Chairman of the People’s Committee Phan Van Mai highlighted the increasingly close ties between the two countries, saying over the past 50 years, the bilateral relationship has grown actively across spheres, both bilaterally and multilaterally. The good traditional friendship has also been consolidated and enhanced, the official added. Notably, during the COVID-19 pandemic, Vietnam presented Italy with more than 300,000 masks, while Italy donated 2.8 million doses of vaccines to the Southeast Asian nation. This vividly demonstrates the intensive and effective strategic partnership and friendship between the two countries, he said. Ho Chi Minh City, for its part, has actively worked to promote cooperation with Italy, Mai noted, adding that the relations between Ho Chi Minh City and Italy have reaped achievements in trade, investment, education and training, culture, and tourism. According to the official, the two-way trade reached 591 million USD last year. For … [Read more...] about 50th anniversary of Vietnam-Italy diplomatic ties celebrated in Ho Chi Minh City

Huynh Tan Buu, General Director of Sun Electronics, said that the center provides training programs up to the International Process Control (IPC) standard. The programs are designed and taught by Vietnamese experts who have worked for many years in large electronic corporations in Silicon Valley in the U.S. The IETC targets engineers working in enterprises, recent graduates from universities and colleges, and entrepreneurs starting up in the field of electronics and microchips, he said. For his part, Minister of Science and Technology Huynh Thanh Dat held that the centre is an important factor for the establishment of an electronic and semiconductor industry ecosystem of Ho Chi Minh City in particular and the whole country in general. He said that science and technology research and development for the electronics and semiconductor industry has always been one of Vietnam's priority orientations over the past years. The Ministry of Science and Technology has proposed the … [Read more...] about Ho Chi Minh City launches first international electronic training centre