Lam Le, RSM partner – Tax and Consulting How have digital technologies transformed the private sector in Vietnam? With the economic growth and pace of development, the private sector in Vietnam is growing strongly with nearly 620,000 operating businesses and contributing approximately 40 per cent of GDP. In particular, the private sector employs about 51 per cent of the national labour force and creates about 1.2 million jobs each year. The development trends of the digital era require enterprises to not shy away from innovation and take on a more creative mindset. There is a definitive need for additional investment, but this is not beyond the capabilities of the majority of entrepreneurs. In addition, the application of AI, the internet of things, robotics, augmented reality, VR, blockchain, and big data does not require great expenses. However, after implementing technology and buying machinery and digital equipment, many enterprises have encountered obstacles. Just like … [Read more...] about New digital tech in the private sector
Wharton leadership in the business world
If only paint could clean the air, withstand extreme heat, reduce drag and fuel consumption, cope with conditions on Mars... AkzoNobel products can already do this – and the company plans to go even further. AkzoNobel awaits the coolest and most groundbreaking innovators That is why the company is ready to stir things up by seeking out the newest, coolest, smartest, and most revolutionary developments out there. AkzoNobel wants to combine its global scale, know-how, and expertise with the ingenious solutions of startups and scale-ups around the world. AkzoNobel’s Paint the Future innovation challenge aims to connect with new disruptive technologies and accelerate innovation in the dynamic world of paints and coatings. It is an open invitation to work together and turn exciting potential into brilliant reality. “Our passion for paints and innovation goes way back and we are even more excited about the future,” said AkzoNobel CEO Thierry Vanlancker. … [Read more...] about AkzoNobel to work with world’s coolest innovators and paint in the future
Crowne Plaza West Hanoi has just been awarded "Best Luxury Business Hotel - South East Asia" title at the 2018 World Luxury Hotel Awards organised in Bali, Indonesia on November 10. "Luxury Business Hotel" is one of categories of the “World Luxury Hotel Awards” which is the pinnacle of achievement by a luxury hotel, offering recognition for gaining the respect of guests and industry players alike. Winners were determined based on votes of travellers, hotel guests, hospitality experts and general public during 4 weeks. Speaking at the ceremony, the hotel general manager, Barun Jolly expressed his thanks to the organiser, the hotel team and their guests for helping delivering the outstanding services to their customers, especially as the recognition goes beyond the country. "We have proved our outstanding hospitality service by delivering “True Hospitality” to our guests," he said. We will still keep our spirit high and continue to deliver exceptional experience … [Read more...] about Hanoi hotel wins the 2018 World Luxury Hotel Awards
Viet Nam News HCM CITY — Leadership plays a key role in ensuring the successful operation of a business during digital transition, speakers said yesterday (October 3) at the “Industry 3.0 to Industry 4.0” forum held in HCM City. Nguyễn Đức Thuận, CEO of TBS Group (Thái Bình Shoes), said the Internet of Things (IoT) was changing the business world, creating an important foundation based on databases that can be analysed to help make decisions and periodic adjustments. “You need to find solutions that will lower production costs and prices in order to be more competitive,” he said. Leaders of companies must clearly define their business strategy, especially products and services on which they are focused, Thuận said, adding that productivity must be increased as well. To choose the right path, businesses, especially small-and medium-sized enterprises SMEs, must identify their challenges before pursuing goals. … [Read more...] about Leadership key to business success in digital age
VietNamNet Bridge - Scientific research remains one of the weakest points of Hanoi and HCMC National Universities, which appeared in the QS 2019 ranking. Vietnam's universities are weak at scientific research In the QS World University Ranking 2019 that ranks 1,011 leading universities in the world (QS World), HCMC National University appears in the group of schools ranked from 701st to 750th, while the Hanoi National University was in 801st-1,000th. In the QS World University Ranking 2019 that ranks 1,011 leading universities in the world (QS World), HCMC National University appears in the group of schools ranked from 701st to 750th, while the Hanoi National University was in 801st-1,000th. Also according to Tuan, among the best known rankings, QS is the most criticized, especially for its methodology. RELATED NEWS Two Vietnam’s universities listed in QS top 1,000 schools University accreditation: ‘a game of the rich’? Kim Nam … [Read more...] about How do Vietnam’s two schools in the QS ranking fare in research capacity?