Who accelerated digital transformation in your company

The pandemic has accelerated an already strong shift towards digital across the world, redrawing how we live, work, and pay. Visa’s Consumer Payment Attitudes 2021 study shows that over half of Vietnamese consumers now regularly shop online and expect to be able to pay by card or mobile even in small physical stores. “As the architect of many of the solutions enabling this change, Visa is leveraging its world-leading digital expertise to make sure this transformation is inclusive and equitable,” said Dung Dang, Visa country manager of Vietnam. “We believe the digital economy will create global prosperity because economies that include everyone everywhere.” Innovation Workable strategies to go digital and embrace innovation are becoming essential. Around 90 per cent of small businesses with a digital presence attributed their pandemic survival to e-commerce, according to the 2022 Visa Global Back to Business Study. Visa is heavily invested in creating an ecosystem of … [Read more...] about Visa paving the way to an inclusive digital economy

For one, the oil and gas industry is under immense pressure to improve operational efficiency, productivity, and worker safety; maintain cybersecurity; and, simultaneously, reduce environmental impact. In order to solve these challenges, oil and gas companies are accelerating their digital transformation. Denis Brunetti, President, Vietnam and Myanmar Ericsson As they adopt use cases around automation, smart safety and environmental monitoring, the oil and gas industry is increasingly looking to advanced cellular connectivity to help drive efficiencies, while being more environmentally sound. The industry is expected to meet the global goal of net-zero carbon by 2050. According to a McKinsey study, the use of advanced connectivity to optimise drilling and production throughput and improvements in maintenance and field operations could add up to $250 billion of value for oil and gas upstream operations by 2030. Digitalisation enabled by cellular connectivity can … [Read more...] about 4G/5G wireless networks driving digitalisation across industries

Technology application helps increase garment and textile productivity (Photo: VietnamPlus) Hanoi (VNA) – Overcoming a series of difficulties caused by the COVID-19 pandemic, the garment and textile industry is now employing some 2.5 million workers, while generating 40 billion USD worth of export and a trade surplus of nearly 20 billion USD. Last year, the sector began recovering as its key major markets bounced back thanks to effective economic stimulation packages, said Executive Director of the Vietnam Textile and Garment Group ( Vinatex ) Cao Huu Hieu, in an interview with the e-newspaper VietnamPlus. Hieu listed a series of difficulties and challenges facing garment-textile firms over the past two years, such as decreasing demand and disrupted material supply that led to the cancellation or postponement of orders. Distancing measures at home also caused domestic revenue to plunge, he said, adding that they had to manage to avoid being fined due contract violations … [Read more...] about Garment-textile surmounts COVID-19 blow

This is the 3rd strategic technology center of NCS in Asia. FPT Software, a member company of FPT Group, and Singapore-based Singtel Group’s affiliate NCS signed a cooperation agreement on August 1 to develop a strategic technology center (SDC) in Vietnam. Overview of the signing ceremony. Photo: Khac Kien The agreement is aimed at meeting the strategic goal of expanding the development network and providing global technology services to both parties. The center is expected to hire more than 3,000 employees by 2025. This is also the 3rd strategic technology center of NCS in Asia. “Demand for digital transformation services continues to accelerate in this region. By enhancing our digital and workforce capabilities and forging strategic partnerships with recognized leaders like FPT Software, we aim to create a highly compelling end-to-end digital transformation value proposition for our clients,” said NCS CEO Ng Kuo Pin. NCS’ third delivery center in … [Read more...] about FPT Software and Singapore’s NCS jointly develope technology center

A Petrolimex petrol station (Photo: VNA) Hanoi (VNA) – The Vietnam National Petroleum Group (Petrolimex) is adopting a range of solutions in order to complete production and business targets of the third quarter and the entire year of 2022 in the context of unforeseeable fluctuations in petrol prices. One of the solutions is to modernise inventory management while engaging in negotiations with major petrol distributors to ensure supply to meet social demand for petrol. At the same time, the group has taken steps to cut costs in all production and business activities through several projects on centralized fleet management, asset management and customer relationship management. Petrolimex has also worked to increase non-cash payment in retail sales and researched the possibility of building truck stops to provide better services for customers. Under its own plan on digital transformation, the immediate focus is to automate the network of petrol warehouse and retail outlets, … [Read more...] about Petrolimex applies solutions to cope with big fluctuations in petrol prices