VinAI Research Founding Director & CEO Bui Hai Hung presents flowers to speakers, and partners accompanying AI Day 2022 (Photo: VNA). Hanoi (VNA) – Artificial Intelligence (AI) Day 2022 officially opened in Hanoi on August 26, attended by both leading Vietnamese and foreign AI experts. The two-day event is organised by VinAI Research - the tech arm of Vingroup, the biggest conglomerate of Vietnam, with the support of the Ministry of Science and Technology, and the National Innovation Centre. It brings together leading researchers, policymakers and practitioners from all over the world to exchange on how AI is transforming societies, economies, and the environment. Under the theme of ‘Empower the Future’, AI Day 2022 features three tracks: AI for Global Equality, AI for Sustainable Development, and AI for Safety. Specifically, during the discussion on AI and Sustainable Development, speakers analyse the social and environmental impacts of designing, developing and … [Read more...] about AI Day 2022 kicked off, seeking ways to develop AI industry in Vietnam
Industry source beauty supply
Durian prices surge as demand from China jumps
Khang, a durian trader in the southern city of Can Tho, said that he has not been able to buy enough quantity to sell to domestic buyers, as farmers are only willing to sell at high prices. "In Can Tho, one kilogram costs VND150,000 but there is little supply," said Khang. "This price level is uncommonly high." Hanh, a trader in Tien Giang who sells to Chinese buyers, said that she has been busy going to farms and paying high rates. She says she is even willing to pay commissions to those who introduce her to new farms. Local farmers say that durian prices in southern Tien Giang province range from VND120,000 to VND190,000, a triple increase year-on-year. Traders sell to Chinese buyers at even higher prices, from VND170,000 to VND290,000. They say that demand from China has surged several times from previous years. Traders need to gather hundreds of tons each day to deliver to China but supply can only meet 30% to 50% of their needs. Linh in Tien Giang can buy only around … [Read more...] about Durian prices surge as demand from China jumps
Central bank forecast to keep policy interest rate unchanged in Q1 2023
Headquarters of the State Bank of Viet Nam (SBV). After the Fed’s decision to raise its benchmark interest rate by only 25 basis points last week, analysts forecast the SBV may adopt a wait-and-see approach until the end of the first quarter of this year before making the next interest rate hike. — Photo sbv.gov.vn The State Bank of Viet Nam (SBV) might not increase its policy interest rate in the first quarter of 2023 after the US Federal Reserve (Fed) raised its rate by only 25 basis points last week while the Vietnamese dong has strengthened against the US dollar, analysts forecast. According to analysts from financial data provider FiinGroup, the dong has strengthened by about 5 per cent against the dollar since the beginning of December 2022 as the Fed has slowed rate hikes and China has reopened. After the Fed’s decision last week, the analysts forecast the SBV may adopt a wait-and-see approach until the end of the first quarter of this year before making the next … [Read more...] about Central bank forecast to keep policy interest rate unchanged in Q1 2023
Vietnam attends 26th Meeting of ASEAN Tourism Ministers in Indonesia
Participants in the event that is part of the ASEAN Tourism Forum (ATF) 2023 heard a report and gave comments on the results of the 57th meeting of the ASEAN National Tourism Organizations, considered the agenda of M-ATM+3 (ASEAN plus China, Japan, and the Republic of Korea); M-ATM-India and M-ATM-Russia; and attended consultations with international organizations. The meeting also reviewed and approved the Chairman's Statement and 26th meeting of M-ATM Minutes. Speaking at the event, Deputy Minister of Culture, Sports and Tourism Doan Van Viet said that 2022 witnessed a rapid recovery of the regional tourism industry. Countries reopened borders and lifted travel restrictions related to the COVID-19 pandemic. As a result, in the final months of 2022, the number of international visitors to the region increased rapidly, promoting the recovery of services, and contributing to job creation and overall economic growth. During the transition time of the tourism industry, the ASEAN … [Read more...] about Vietnam attends 26th Meeting of ASEAN Tourism Ministers in Indonesia
Great chance for Vietnam navigate to Web 3.0: Experts
Great chances for Vietnam to switch to Web 3.0 (Source: netweb.vn) Hanoi (VNA) – As more information technology businesses invest resources into Web 3.0, coupled with the large number of users and coders, Vietnam sees great opportunities in the blockchain market in the Southeast Asian region, say experts. Web 3.0 was born from the natural evolution of older generation Web tools combined with advanced technologies such as artificial intelligence (AI), blockchain, and the connection between users and the Internet. In other words, Web 3.0 is an upgrade to its predecessors: Web 1.0 and 2.0. In recent years, foreign investors have flocked to Vietnam and established investment funds specialising in blockchain. Capital inflows into non-fungible token (NFT) assets also skyrocketed from 37 million USD to 4.8 billion USD in 2021, Finder reported. Experts explained that Vietnam has about 5.9 million people, or 6.1% of the population, who have exposure to blockchain-enabled … [Read more...] about Great chance for Vietnam navigate to Web 3.0: Experts