Vietnam 

BIM Land to get $87.5m from IFC to develop tourism in Việt Nam and Lao PDR – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Hạ Long Marina project developed by BIM Land in Hạ Long City. — Photo courtesy of BIM Group HÀ NỘI — BIM Land Joint Stock Company, a property developer under BIM Group, has reached an agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a loan of up to US$87.5 million to develop tourism infrastructure in Việt Nam and Lao PDR. Tourism is one of the key growth drivers for both countries. Last year, Việt Nam welcomed 15.5 million foreign visitors while Laos attracted about…

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Baidu invests US$200 million in Chinese AI firm Neusoft to develop smart city solutions

Chinese search engine giant Baidu is investing 1.44 billion yuan (US$202 million) in industrial artificial intelligence (AI) firm Neusoft Holdings to develop smart city, health care and education infrastructure.“Neusoft is an industry leader in … smart cities … and AI cloud for hospitals and the education sector,” said Baidu in a statement on Tuesday. “The collaboration between Baidu and Neusoft … is cooperation between an internet firm and a solutions provider to explore leading AI technology… Source link

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Vietnam 

Over 73.2 mln USD to develop hi-tech agriculture projects in Bình Phước – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Three high-tech agriculture projects in the southern province of Bình Phước will receive more than VNĐ1.7 trillion (US$73 million) in investment under an agreement inked between the provincial People’s Committee and its partners on Monday.— VNA/VNS Photo Dương Chí Tưởng BÌNH PHƯỚC — Three high-tech agriculture projects in the southern province of Bình Phước will receive more than VNĐ1.7 trillion (US$73 million) in investment under an agreement inked between the provincial People’s Committee and its partners on Monday. A joint-venture will be set up between Netherlands-based Royal De Heus Animal Nutrition…

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Vietnam 

Deal to develop three high-tech agriculture projects worth $73m inked in Bình Phước – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The signing ceremony. Three high-tech agriculture projects will receive more than VNĐ1.7 trillion (US$73 million) in the southern province of Bình Phước. — Photo baobinhphuoc.com.vn BÌNH PHƯỚC — Three high-tech agriculture projects in the southern province of Bình Phước will receive more than VNĐ1.7 trillion (US$73 million) in investment under an agreement inked between the provincial People’s Committee and its partners on Monday. A joint-venture will be set up between Netherlands-based Royal De Heus Animal Nutrition and local Hùng Nhơn Group, which will land some VNĐ1.15 trillion to…

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Vietnam 

New Zealand, VN sign deal to develop start-up, innovation eco-systems – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    The HCM City’s Department of Science and Technology and New Zealand’s Creative HQ signed a MoA for co-operation to develop the city’s start-up and innovation environment. VNS Photo Thu Hằng HCM CITY — The HCM City Department of Science and Technology and Creative HQ, New Zealand’s leading innovation coaching provider, on Friday signed a Memorandum of Agreement (MoA) for co-operation to develop the city’s start-up and innovation environment. Creative HQ will share models and best practices to support the development of the city’s start-up and innovation eco-system. The two…

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Vietnam 

Fintech firms need clear policy to develop – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers at a meeting on August 20 discuss problems with the Vietnamese fintech sector. – Photo thoibaotaichinhvietnam.vn HÀ NỘI – Việt Nam needs a proper legal framework for financial technology (fintech) services, a State Bank of Vietnam official said on August 20. Ngô Văn Đức, deputy director of Payment Method Supervision at the State Bank of Vietnam, said there was no law or regulation on the management of fintech businesses and their services. The development of fintech businesses had not met expectations in recent years, he said. According to…

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Hong Kong restaurateurs develop taste for takeaway shops, avoid setting up dine-in premises to cope with rising rents

An increasing number of restaurateurs are choosing to set up takeaways instead of dine-in premises in Hong Kong to get past the city’s expensive rents, which have topped the world for several years in a row.The number of food factory licences, also called takeaway licences, increased 7.4 per cent year on year to 7,671 as of the end of 2018. This represents an increase of 19 per cent in three years, from 6,459 in 2015. The number of food vending machine licences rose 130 per cent year on year to……

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Chinese researchers develop hybrid chip design that holds promise for ‘thinking machines’

A screenshot from the video of an autonomous bicycle – equipped with a camera, gyroscope, speedometer, driving and steering motors, and a Tianjic chip – put on a road test by Chinese researchers, led by Tsinghua University professor Shi Luping, to demonstrate so-called artificial general intelligence. Photo: Handout Source link

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Vietnam 

Mekong, south-east regions told to take advantages of technology and favourable climate to develop mushroom production – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The Mekong and south-eastern regions have great potential to grow medicinal and edible mushrooms all year, according to the National Agricultural Extension Centre. — Photo sggp.org.vn HCM CITY — The Mekong Delta and south-eastern regions have great potential for growing mushroom year round thanks to their favourable climate and availability of vast quantities of agricultural by-products that can be used as inputs, according to the National Agricultural Extension Centre. Besides, farmers in the regions basically know all about mushroom breeding techniques and cultivation of straw, fungus, button and oyster mushrooms…

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Vietnam 

Việt Nam needs financial leasing firms so SMEs can develop – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Economic expert Nguyễn Trí Hiếu According to Việt Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small- and medium-sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders. Financial leasing companies are considered as a good solution at present. Economic expert Nguyễn Trí Hiếu speaks to the Vietnam News Agency about this issue. SMEs need capital and banks have also offered many preferential credit packages to attract businesses, but supply and demand are still difficult to balance.…

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