Are livestream influencers getting drunk on power?
By An PhươngHas the leniency of customers caused some renowned KOCs to become 'drunk with power'? Livestream selling has become a trend as Key Opinion Consumers (KOC) and TikTokers take advantage of their visibility in the community to sell products. responded with a video, clarifying that the VNĐ220 million covered event expenses and livestream fees. Stricter managementIn Việt Nam, there are approximately 70,000 to 80,000 livestream sales sessions on various social media platforms every day, recent statistics have shown. Although livestream sales have been around for a while, their popularity surged during the COVID-19 pandemic when people were forced to stay at home.
Source:Viet Nam News
November 12, 2023 14:46 UTC
Ancient five-part ao dai revived among youngsters
Vietnamese ancient outfits are varied. Some have been successfully recreated and found favour among people, especially those worn during the Nguyen Dynasty which reigned between 1802 and 1945. After making a huge impact on society, it also won the recent National External Information Service Awards. The procession this year was included in the Hanoi Ao dai Festival. Its theme was Nguyen Dynasty outfits./.
Source:Viet Nam News
November 12, 2023 12:56 UTC
Sa Huynh civilisation relic site seeks UNESCO recognition
The relic site consists of six locations, namely Thanh Duc, Long Thanh, Phu Khuong, Champa cultural relic complex, An Khe swamp, and An Khe dam on Cua Lo river. The protected area includes Zone I and Zone II, covering an area of over 500ha. The site in the dossiers to be submitted to UNESCO will cover additional four areas, namely Sa Huynh (sea gate), Ly Son (island), Binh Son (ancient ship graveyard), and Son Ha (mountain valley). These areas possess exceptional global significance from historical, aesthetic, ethnological, or anthropological perspectives, contributing to the diverse ecological and cultural landscape of Sa Huynh inhabitants. In 1909, French archaeologist M. Vinet discovered antiquities of the Sa Huynh civilisation.
Source:Viet Nam News
November 12, 2023 00:58 UTC
Vietnam, RoK journalists exchange experience in digital transformation
Standing Vice Chairman of the Vietnam Journalists' Association Nguyen Duc Loi. (Photo: VNA)- A delegation of the Vietnam Journalists' Association (VJA), led by its Standing Vice Chairman Nguyen Duc Loi, paid a working visit to the Republic of Korea (RoK) from November 5-10 to exchange experience with Korean partners in adapting to the digital transformation period.During the visit, the delegation had professional discussions with their counterparts from the Journalists Association of Korea (JAK) and the associations of journalists of Gangwon and Gyeonggi provinces as well as some media agencies of the RoK.At a working session between the VJA and JAK delegations, the two sides agreed to increase the exchange of information about the situation of the two countries in the fields of politics, economy, culture and society.The two associations will encourage their member agencies to strengthen cooperation and mutual support with each other, contributing to the promotion of information exchanges between the two countries at all levels, thus enhancing mutual understanding between the two nations' people.Particularly, during the digital transition period, the VJA delegation visited a number of television broadcasters of the RoK such as MBC and KBS to explore the transformation in their operations and information, as well as the ways they overcome challenges in switching from traditional media to multi-platform media Vietnam ese and Korean journalists also discussed a number of issues such as the role of the press in the new period, and the social responsibilities of journalists, along with the training of journalists to enable them to adapt to the new professional environment.Speaking to the Vietnam News Agency's correspondent in Seoul, Loi said that along with learning from the RoK's application of technologies in press activities, the visit also provided a chance for Vietnamese journalists to explore their Korean counterparts' operations amid the fierce competition with other forms of information.The RoK currently has about 30,000 people engaging in journalism activities while the JAK has more than 8,000 members./.
Source:Viet Nam News
November 11, 2023 17:48 UTC
KRX system expected to bring new opportunities to stock market
HCM CITY — The launch of the KRX system by the end of this year is expected to significantly increase capital flows to the stock market, experts said. The KRX system is expected to introduce new products, trading, and payment solutions to the Vietnamese stock market, including T+0 settlement, short selling, and option contracts. The upgrade to emerging market status is expected to attract significant capital inflows to the market. The upgrade to emerging market status will also lead to institutional reforms, market improvements, and the development of businesses and financial markets, he added. FTSE Russell’s September 2023 ranking report placed Việt Nam on a watch list for possible reclassification to secondary emerging market status.
Source:Viet Nam News
November 11, 2023 13:34 UTC
HCM City apartment market shows signs of coming out of slump: experts
HCM CITY — The HCM City condominium market is stirring again after a long stupor, experts have said. Around 96 per cent was in the high-end segment and the remaining 4 per cent in the luxury segment, CBRE said. "Although there is still a big gap between supply and absorption compared to previous years, the market showed positive signals,” Dương Thuỳ Dung, executive director of CBRE, said. Buyers now have easier access to bank mortgages as many lenders have cut interest rates in the third quarter. I expect the market to pick up again after the Tết holiday, which is a traditional time for people to save and spend money.
Source:Viet Nam News
November 11, 2023 13:34 UTC
Warburg Pincus Celebrates 10 Years of Investing in Viet Nam
A celebration event was hosted in Ha Noi with the attendance of Mr. Marc E. Knapper, US Ambassador to Viet Nam, and Mr. Tran Duy Dong, Deputy Minister of Planning and Investment of Viet Nam, along with senior leaders of the government agencies and business partners who have been pivotal in Warburg Pincus' decade-long journey in Viet Nam. Viet Nam is one of Warburg Pincus’ top five investment destinations globally and currently the third largest investment destination in Asia. Since 2013, Warburg Pincus has been at the forefront of investing in Viet Nam, playing a significant role in the country's economic growth and development. Its equity investments range from real estate to financial services and technology, including BW Industrial, a leading logistics and industrial real estate platform in Viet Nam; Vincom Retail, a leading retail real estate platform in Viet Nam; MoMo, a leading digital financial services platform in Viet Nam; Techcombank, a leading retail banking franchise in Viet Nam; Lodgis, a leading hospitality platform and developer in Southeast Asia, and others. Warburg Pincus in Viet NamWarburg Pincus started investing in Viet Nam in 2013.
Source:Viet Nam News
November 11, 2023 13:34 UTC
Festival promotes Vietnam-Laos cooperation in information, communications
At the opening ceremony of the Vietnam-Laos Friendship Festival. (Photo: VGP)Vietnamese and Lao delegates visit the photo exhibition during the festival. (Photo: cand.vn)- The Vietnam-Laos Friendship Festival was held in Hue city in the central province of Thua Thien-Hue on November 11.The event was part of activities to celebrate the 61th founding anniversary of Vietnam-Laos diplomatic relations (1962-2023), and 46 years of the signing of the Vietnam-Laos Treaty of Amity and Cooperation (1977-2023).Addressing the event, Vietnamese Deputy Minister of Information and Communications Nguyen Thanh Lam said that the festival aims to promote Vietnam-Laos cooperation in the field of information and communications, which forms part of the intergovernmental agreement on digital partnership, digital transformation in press activities, settlement of fake and harmful news, and enhancing digital skills for people, heading to a safe and healthy digital space, turning information to knowledge.He noted that currently, many large-scale firms of Vietnam such as Viettel, VNPT and FPT have invested in Laos , contributing to turning Laos into one of the countries with the widest 4G coverage in Southeast Asia and supplying Internet services to Lao people.In the fields of press and communications, the two sides have enjoyed fruitful cooperation. Besides providing Laos with support in facilities, techniques and training, Vietnam has assisted Laos in producing valuable communication and information products, he noted.Lao Deputy Minister of Information, Culture and Tourism Keomanyvong Phosy said that information and communications has been a bright spot in the Laos-Vietnam partnership with various collaboration projects.The official expressed her hope that the festival will become an annual event that helps promote bilateral exchanges in the field and open new chances of cooperation between the two countries.The festival will take place until November 15 with various activities, including an exhibition of 200 photos featuring the nation, people, culture of Vietnam and Laos and partnership between the two sides in many areas. New technologies in the field of information, communications and journalism will also be introduced within the event's framework./.
Source:Viet Nam News
November 11, 2023 11:50 UTC
Vietnam prepares for 11th Asia-Pacific Regional Conference of IFRC
At the Vietnam Red Cross Society (VRC) Central Committee's training course in Hanoi on November 10. (Photo: VNA)A training course on diplomatic and security activities in preparation for the upcoming 11th Asia-Pacific Regional Conference of the International Federation of Red Cross and Red Crescent Societies ( IFRC ) was held in Hanoi on November 10.Organised by the Vietnam Red Cross Society (VRC) Central Committee, which is also the host of the conference, the course provided VRC staff members and volunteers with basic knowledge about necessary reception works and skills to handle situations arising.Themed “Becoming disaster ready in Asia Pacific”, the quadrennial conference is scheduled for late November in the capital city. About 350 domestic and foreign delegates are expected to participate in a forum on young leaders’ innovation in coping with catastrophes, along with other sidelines activities.The event offers an opportunity to promote the image of Vietnam and its people, and enhance development cooperation between the VRC and international partners and organisations and businesses around the world. It will contribute to affirming the commitments by the Vietnamese government, as well as the responsibility for action of Red Cross and Red Crescent societies in the region in climate change and catastrophe response.The IFRC is the largest humanitarian network in the world, with 192 member societies./.
Source:Viet Nam News
November 11, 2023 10:34 UTC
VIETNAM NEWS HEADLINES NOVEMBER 11/2023
This was followed by Ton Duc Thang University at 138th place, Vietnam National University-Hanoi at 187th place, and Vietnam National University-Ho Chi Minh City at 220th place. Representatives from Belgium travel firms affirmed that they will continue to introduce Vietnam tourism to their customers in Belgium and Europe. Quảng Trị Province approves sea dumping areasThe People's Committee of Quảng Trị has just approved 720ha of sea area for sinking dredged materials. Vietnam's beauty, achievements showcased at Mexico City exhibitionA photo exhibition themed “Vietnam – Attraction and Dynamism” is underway in Mexico City, featuring a strong and beautiful nation of Vietnam. At the event, Vietnam Airlines and the UN Office in Vietnam signed a commitment to participate in the Women's Empowerment Principles (WEPs).
Source:Viet Nam News
November 11, 2023 04:56 UTC
US Treasury maintains stance of not listing Việt Nam as currency manipulator
HÀ NỘI — The latest semi-annual report from the US Department of the Treasury has once again excluded Việt Nam from its list of currency manipulators, according to an announcement by the State Bank of Vietnam (SBV) early this week. This report assesses the macro-economic and foreign exchange policies of the US's major trading partners based on three criteria: trade surplus with the US, current account surplus, and persistent, unilateral intervention in the foreign exchange market. The US Treasury's monitoring list of major trading partners includes six economies: China, Germany, Malaysia, Singapore, Taiwan (China), and Việt Nam. Therefore, it was named in the monitoring list. The SBV said that at its recent meetings with the central bank, the US Treasury highly valued Việt Nam’s governance of the monetary policy and foreign exchange rates, which showed the Southeast Asian country’s seriousness in addressing the US side’s concerns and maintenance of the stability of the financial and monetary markets and the macro-economy amid numerous difficulties and challenges.
Source:Viet Nam News
November 10, 2023 20:39 UTC
New salary regime to be implemented from July 2024
The National Assembly has requested that the Government implement salary policy reform under Resolution No 27 from July 1, 2024. Accordingly, officials and civil servants will be paid according to their job position instead of the current low, unmotivating salary policy. The Ministry of Home Affairs has developed six specific contents in the new salary regime, according to title and job position. There are 861 positions for public officials and civil servants, of which 137 are leadership and management positions, 665 are in specialised civil servant groups, and 22 are in support teams. The move is expected to make a drastic change in salary payment policy of Vietnam./.
Source:Viet Nam News
November 10, 2023 17:28 UTC
HKPC announces the key findings on the "Hong Kong AI Industry Development Study"
Overview of domestic and overseas AI industry development: Governments worldwide are promoting the development of AI-led industries. These reformed listing rules will attract more AI companies to list in Hong Kong and more venture capital funds to come to Hong Kong. Additionally, formulate preferential policies to encourage AI companies to relocate non-local AI tech employees to Hong Kong and attract AI talent from across the globe to develop in Hong Kong. HONG KONG SAR - Media OutReach - 10 November 2023 - Hong Kong Productivity Council (HKPC) released the key findings on their "Hong Kong AI Industry Development Study" today, focusing on the status of Hong Kong's artificial intelligence (AI) industry development, domestic and overseas competition and local corporate utility. "Please click here to view the key findings of "Hong Kong AI Industry Development Study" (Chinese only).
Source:Viet Nam News
November 10, 2023 16:03 UTC
VIETNAM NEWS HEADLINES NOVEMBER 10/2023
Vietnam committed to zero tolerance for drug crimesA representative of Vietnam affirmed that Vietnam is committed to zero tolerance for drug crimes at the 30th Anti-Drug Liaison Officials' Meeting for International Cooperation. Plenty of room for Vietnam to boost urban development: OfficialWith the current urbanisation rate of only 42.6%, there is plenty of room for Vietnam to promote urban development, Minister of Construction Nguyen Thanh Nghi said at a forum on sustainable urban development held in Hanoi on November 8. According to the Resolution, after 35 years of “Doi moi” (Renewal), Vietnam has gained important achievements in urban development, including the expansion of urban spaces and improved socio-economic infrastructure. Speaking at the opening ceremony, Australian Ambassador to Vietnam Andrew Goledzinowski said that NGOs are a key partner in Australia’s overseas development assistance globally and in Vietnam. Nguyen Ngoc Hung, VUFO Vice President said that Australian NGOs have been supporting and partnering with Vietnam from early stages.
Source:Viet Nam News
November 10, 2023 16:01 UTC
Media Future Labs to return at 2023 Global Media Congress with an expert line-up
ABU DHABI — ADNEC Group and Emirates News Agency (WAM) have confirmed the return of the popular Media Future Labs at this year's Global Media Congress (GMC), taking place at the Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi from 14 – 16 November 2023. These no-holds-barred discussions tackle the most pressing issues facing the global media landscape in 2023 and beyond. Bringing together leaders, operators, and innovators on the frontlines of the world's media, the Media Future Labs critically examine the challenges and opportunities faced by players across the media spectrum. We are delighted to welcome a diverse and expert line-up to six new Media Future Labs this year in what promises to be a fascinating series of discussions. Registration to join the audience for each Media Future Lab is highly recommended, as places are limited.
Source:Viet Nam News
November 10, 2023 15:19 UTC