Product demo at a Vietnam-based company founded by overseas Vietnamese

Expert proposes to best capitalize on annual inflow of remittances to Vietnam

Remittances played a significant role in keeping Vietnam’s pandemic-hit economy afloat, and the Government should best capitalize on this annual inflow for national gain, according to Peter Hong, Vice Standing President and Secretary General of the Business Association of Overseas Vietnamese (BAOOV).
Five-month overseas remittances to HCMC touch US$2.3 billion

Five-month overseas remittances to HCMC touch US$2.3 billion

The State Bank of Vietnam – Ho Chi Minh City Branch said that by the beginning of June this year, overseas remittances transferred to the city reached US$2.3 billion, a decrease of 1.9 percent over the same period last year.
Vietnam’s business environment strongly improves

Vietnam’s business environment strongly improves

Last year, Vietnam recorded many positive results in business environment improvement. However, in the context of the global and regional reforms, these results were quite modest, especially, competitiveness 4.0 of Vietnam still ranked sixth among countries in the ASEAN.
Chairman of the HCMC People’s Committee Nguyen Thanh Phong

AI offering precious chances for HCMC to develop: Chairman of People’s Committee

The Ho Chi Minh City (HCMC) People’s Committee and the World Bank today co-organized the conference ‘International and Domestic Experience in Artificial Intelligence (AI) Research and Application – Recommendations for HCMC’, aiming at establishing an AI implementation ecosystem from 2019 – 2025 and forming feasible solutions for AI development programs in the city until 2020.

A corner of Jakarta capital (Source: Asialink)

World Bank: Indonesia’s economy is facing numerous challenges

Indonesia’s gross domestic product (GDP) growth could slow to 4.9 percent in 2020 and 4.6 percent in 2022 amid intensifying risks such as the escalating trade tension between China and the US, according to the World Bank.