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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

Authorities in the northern city of Haiphong today, February 2, started construction of the Lai Xuan Bridge crossing the Da Bach River that connects the city's Thuy Nguyen District with Dong Trieu Town in Quang Ninh Province. Construction of the Lai Xuan Bridge crossing the Da Bach River starts in Haiphong City on February 2 The 840-metre-long, 12-metre-wide bridge project will be carried out at the same time as the expansion of Provincial Road 352 to 12 metres in width and 14 kilometres in length. The two projects are estimated to cost over VND 1.32 trillion. The investment will be taken from the local government budgets with over VND1.32 trillion from Haiphong and over VND12 billion from Quang Ninh. A sketch of the bridge project The projects are expected to be completed by December 2024. Lai Xuan Bridge will replace the Lai Xuan ferry service, connecting national highways 18 and 10 in Haiphong and Quang Ninh. Meanwhile, … [Read more...] about Construction work starts on Haiphong – Quang Ninh bridge

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

Singaporean Minister-in-charge of Trade Relations S Iswaran and European Commissioner for Internal Market Thierry Breton sign the EU-Singapore Digital Partnership on February 1, 2023. (Photo: channelnewsasia) Brussels (VNA) – The European Union ( EU ) and Singapore on February 1 signed in Brussels the EU-Singapore Digital Partnership (EUSDP) that will lead to a digital trade agreement to enable consumers and businesses to transact online more seamlessly and at lower costs. The pact aims to boost participation in the digital economy by imparting relevant skills to workers in both jurisdictions and transforming their businesses and public services. Other areas of collaboration include digital trade facilitation, trusted data flows, electronic payments and standards. The deal will also focus on emerging areas such as artificial intelligence, digital identities, and 5G/6G communication networks. Signatories were Singapore’s Minister-in-charge of Trade Relations S. … [Read more...] about EU- Singapore launch digital partnership

A construction site of Phat Dat Real Estate Development Joint Stock Company (PDR). PDR reported net revenue of VND14.6 billion (US$622,600) in the last 3 months of 2022. — VNA/VNS Photo A volatile real estate market caused revenues and profits of realty businesses to decrease sharply in the fourth quarter of 2022. Phat Dat Real Estate Development Joint Stock Company (PDR) reported net revenue of VND14.6 billion (US$622,600) in the last three months of 2022, a sharp decrease compared to the VND1.29 trillion recorded in the fourth quarter of 2021. The company suffered an after-tax loss of VND229.4 billion in Q4 of 2022, while in the same period in 2021, it reported a net profit of VND751.4 billion. This was considered Phat Dat's "failure" quarter as the company reported a loss for the first time since it announced business results. Dat Xanh Group Joint Stock Company (DXG) reported a loss of VND460 billion in the last quarter of 2022. During the period, the company's net revenue … [Read more...] about Volatile real estate market puts pressure on business results