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Images showing the e-wallet market by share of active users by Robocash Group. — Photo Courtesy Robocash Group The modern e-wallet market in Viet Nam is surging and is expected to reach 50 million active users by July 2024, experts said. In a report, Robocash Group said: “the modern e-wallet market in Viet Nam is booming with 90 per cent of the market falling on three wallets: Momo, Moca and ZaloPay.” The country is seeing tough competition, given that there are 40 electronic wallets in operation, the report said. Robocash Group estimates that by July 2024, the e-wallet market will have 50 million active users, 100 million by May 2026, and 150 million by July 2030. In addition to the already mentioned wallets, there are three other major competitors including ShopeePay (AirPay), ViettelPay and VNPT Pay. The top six already account for 99 per cent of the market. According to a Decision Lab study, at the end of 2021, 56 per cent of the Vietnamese population that had an … [Read more...] about E-wallet market in Viet Nam estimated to reach 50 million users by 2024

Located in the northern highlands province of Yen Bai, Mu Cang Chai, home to ethnic minority groups, primarily the Hmong people, is around a seven hours drive northwest of Hanoi. The remote rural district is famous for its terraced rice fields which change color depending on the time of the year, from green in late spring and summer to golden yellow in October during the harvest season. "These rice paddies in Vietnam’s isolated northern reaches have gained Instagram fame for their impressive angles in a topographically challenging region," Condé Nast Traveler said. The magazine urged visitors to explore the rice paddies in early October when the rice harvest begins, and to stop by the fields twice in a day: once early in the morning before the crowds arrive, and a second time at sunset. Around 500 kilometers from Mu Cang Chai, the UNESCO World Heritage Site Ha Long Bay, in Quang Ninh Province, is well known for its "blue-green water, and spectacular limestone karst … [Read more...] about Ha Long Bay, Mu Cang Chai among world’s 40 most colorful destinations: US magazine

Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA) Binh Dinh (VNA) – Prime Minister Pham Minh Chinh urged the north-central and central coastal regions to create more breakthroughs in development to match their potential and advantages while addressing a conference in Quy Nhon city, Binh Dinh province, on February 5. The conference touched upon the implementation of the Government’s action plan to materialise the Politburo’s Resolution No. 26-NQ/TW dated November 3, 2022 on orientations for socio-economic development and national defence and security in the two regions by 2030 with a vision towards 2045. It was also intended to promote investment in the regions with the theme of “Linkage - Breakthroughs from maritime economy - Rapid, sustainable development.” The regions hold strategic positions and roles of special significance in terms of economy, especially maritime economy, politics, culture, social affairs, environment, external relations, … [Read more...] about PM asks north-central, central coastal regions to create development breakthroughs

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

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

The Ho Chi Minh City Department of Transport is formulating a plan to lease part of the local roadways and sidewalks for activities other than traffic purposes. The transport department has requested relevant units to review and create a list of streets whose roadbeds and sidewalks are suitable for activities other than traffic. On November 15, 2022, this agency asked the municipal People’s Committee to consider replacing Decision No. 74/2008 on the management and use of roadbeds and sidewalks in the metropolis. The department is now making a draft plan that will be considered as a replacement of Decision No. 74/2008. The draft plan highlights that part of the roadways and sidewalks can be temporarily leased for activities such as merchandise sales, installation of public works and utilities, parking service, and cultural activities. The transport department will continue to check the current state of road traffic infrastructure to complete this plan. After more than 14 … [Read more...] about Ho Chi Minh City mull over leasing part of roadways, sidewalks

Coach Park Hang-seo receives a lot of love from his fans at a farewell event in Hanoi. (Photo: thanhnien.vn) Hanoi (VNS/VNA) - Coach Park Hang-seo plans to help to open a youth football training academy in Vietnam after his successful five-year stint as coach of the national side. "I plan to cooperate and open a youth football training academy in Vietnam. I will use my experience as a coach in both Vietnam and the Republic of Korea to contribute to Vietnamese football in the future," Park said at the farewell meeting with local fans in Hanoi this week. The Korean coach officially ended his five-year journey on January 31 as the head coach of the national, Olympic, and U23 teams . "During the past five years in Vietnam, I have no regrets because I have lived and worked hard with the support of my dedicated assistants," Park said. The fans' love helped him become "the happiest coach in the world", he said. Park came to Vietnam by chance, thanks to his wife's … [Read more...] about Coach Park Hang-seo to help open football academy in Vietnam

The Mokpo Coast Guard received a report at 11:19 p.m. local time on Saturday that a 24-ton fishing boat had overturned 16.6 kilometers west of Daebichido, an inhabited island in Sinan, a county in South Jeolla Province, the Korea Herald reported Sunday. The coast guards saved two Koreans and one Indonesian, but nine others, who are seven Koreans and two Vietnamese, remain missing, the report said. South Korea’s Ministry of the Interior and Safety said seven of the missing were South Korean nationals and the two others were foreigners, but it didn't immediately confirm their nationalities, according to a Sunday report by AP . The Korea Joongang Daily reported Monday that one of the missing crew members of the capsized boat was found dead inside the boat's cabin. He is Korean and was the ship's chief engineer. On Sunday, Korea Joongang Daily quoted a surviving crew member as he told officials that the ship had a slight portside list when it set sail for Chuja-do, a minor … [Read more...] about Two Vietnamese among fishermen missing off South Korea’s coast: report

ChatGPT's potentials are exciting, but we also hear about its potential impacts on our lives, especially in our work life, namely it can displace white-color workers. It is both exciting and unnerving at the same time. As a writer, I want OpenAI's AI to help me with my writing. I rely on GPT-3, a generative AI model that assist writers in their writing using prompts. This essay is a collaboration between GPT-3 and me. I am describing the process that I used it step by step, and how one can take advantage of it to engage in the creative writing process. The first step is to set up an account on OpenAI to use GPT-3. There are two ways to write with GPT-3. The first way is to use OpenAI's Playground user interface. The second way, and a more technical way is to use OpenAI's Application Programming Interface. Since I can also code, I used the second method because it allows for more control in prompt design. Once the pipeline is ready, I start writing, one sentence at a time. I … [Read more...] about Collaborating with AI

Seeing friends chat with the artificial intelligence-based chatbot provided by U.S. startup OpenAI, Hong Nhung, an office clerk in the central city of Da Nang, tried to create an account. However, in Vietnam, the only way yet to set up an account is by using a virtual private network (VPN) and getting a foreign phone number. Since she was unable to do it by herself, Nhung turned to service providers. "Some people say they will do it for free, some say they will do it for a cup of coffee but others charge VND20,000 to VND200,000," she said. In the end she managed to set up an account for VND20,000. Dong Quan, the administrator of a ChatGPT group with more than 20,000 members, said demand increased sharply a week ago. There are dozens of posts about selling accounts and how to use the chatbot on the online group every day, and each attracts hundreds of comments, he said. The price varies based on the flexibility to change passwords and other benefits, he explained. Some … [Read more...] about Vietnamese can’t wait for official rollout, pay for ChatGPT accounts using VPN