Vietnam 

VN firms must act fast on digital transformation or be left behind: FPT executive – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Phan Thanh Sơn of FPT Information System giving a speech during a forum on digital transformation in HCM City on August 17. — VNS Photo Việt Dũng HCM CITY — Vietnamese businesses need to consider digital transformation soon in order to not be left behind in the ongoing industrial revolution, Phan Thanh Sơn, chief business development officer of FPT Information System, told Việt Nam News. On the sidelines of a forum on August 17, he said: “Digital transformation is no longer a matter of should or should not, but a…

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Vietnam 

Việt Nam needs skilled workers for digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers at the 2019 Economic Forum organised in HCM City on Thursday by Forbes Việt Nam, which this year had the theme “Navigating the Digital Age”. VNA/VNS Photo Mỹ Phương HCM CITY — To transition from a natural resources-based labour intensive economy to a knowledge-based economy, VIệt Nam should acquire a high-skilled workforce that can navigate the digital transformation, experts have said.   Speaking at an economic forum in the city on Thursday, Dr Trần Đình Thiên, member of the National Monetary and Financial Policy Advisory Council, said Việt…

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Vietnam 

IT firms expected to lead country’s digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Digital transformation has caused the emergence of new business models such as Grab, Sendo and Shopee. — Photo ndh.vn HÀ NỘI — Information and technology (IT) firms will lead the country’s digital transformation in all sectors, said Phan Tâm, Deputy Minister of Information and Communications (MIC). Speaking at the Việt Nam CEO Summit 2019 held in Hà Nội on Thursday, Tâm said the Fourth Industrial Revolution would create breakthroughs for countries which take advantage of its opportunities. “The Vietnamese Government advocates fully tapping opportunities from Industry 4.0 in service of…

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Vietnam 

ICT Summit talks digital transformation in Việt Nam – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Deputy Prime Minister Vũ Đức Đam is shown the latest technology on display at the Vietnam ICT Summit 2019 in Hà Nội. — Photo VINASA HÀ NỘI — Digital transformation is an opportunity for Việt Nam to create greater value for each business, make each organisation more efficient and offer better opportunities for every citizen, said Deputy Prime Minister Vũ Đức Đam at the Vietnam ICT Summit 2019 in Hà Nội on Thursday. Đam said that although Việt Nam is currently growing faster than many countries in the region and…

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Home 

Deutsche Bank’s ‘fundamental transformation’ under CEO Christian Sewing to cost US$8.3 billion and 18,000 jobs

Deutsche Bank unveiled a radical overhaul that will see the lender exit its equities business, post a €2.8 billion (US$3.1 billion) second-quarter loss and cut the workforce by 18,000 to reverse a slide in profitability.Chief executive Christian Sewing will shelve the dividend this year and next and take restructuring charges of €7.4 billion through 2022 to pay for an overhaul that shrinks the German lender’s once-mighty investment bank along with its global footprint and key fixed-income… Source link

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Vietnam 

Viettel establishes 8th subsidiary, focusing on digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Lê Đăng Dũng, acting chairman cum general director of Viettel Group, delivers a speech at the launch ceremony. — VNS Photo Vũ Hoa HÀ NỘI — Viettel Group on Wednesday officially launched the Viettel Digital Services Corporation (VDS), its 8th subsidiary. The corporation’s establishment aims to create a foundation for Viettel’s digital transformation process and development strategies in a new period of digital society creation. With the goal of “originating digital life”, VDS is a technology company focusing on the digital financial sector, the data service sector, and credit, insurance and advertising and e-commerce. The corporation targets…

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Vietnam 

Australia, VN issue new report on digital transformation roadmap – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The report “Việt Nam’s Future Digital Economy towards 2030 and 2045” provides economic modelling for potential growth scenarios. Photo courtesy of CSIRO HCM CITY — Risks and challenges must be identified during the digital transformation era to ensure that Việt Nam continues to grow and be prosperous, a new report has said.  The report, “Việt Nam’s Future Digital Economy Towards 2030 and 2045”, notes that much has already been done through the Government’s policies on 4.0 Industry such as cybersecurity, energy and digital skills.  The report was issued by Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Việt Nam’s Ministry of Science and Technology. …

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Vietnam 

Digital transformation offers development opportunities – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Digital transformation is considered an opportunity for Vietnamese enterprises to avoid falling behind their competitors, but many firms, especially small- and medium-sized enterprises, remain unaware of the Fourth Industrial Revolution. — Photo nhandan.com.vn HÀ NỘI — Digital transformation is considered an opportunity for Vietnamese enterprises to avoid falling behind their competitors, but many firms, especially small- and medium-sized enterprises, remain unaware of the Fourth Industrial Revolution, experts have said. At a workshop in Hà Nội on Friday, participants said the digital transformation had occurred around the world as governments and large businesses use new technologies to promote…

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Vietnam 

Transformation of Industry Verticals Through 5G – Focus and Look Indoors, says Frost Sullivan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

KUALA LUMPUR, MALAYSIA – Media OutReach – 24 May 2019 – Now that 5G is here, the much anticipated infrastructure will enable a smarter and more connected world promised to drive digital economies for governments, to create new monetization opportunities for businesses and offer a real perceivable difference over 4G for consumers.   According to a recent Frost & Sullivan survey conducted at the 5th Annual Asia Pacific Spectrum Management Conference held in Kuala Lumpur in March 2019, 79% of respondents said that they will rate their mobile operator according to the…

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Vietnam 

Vietnamese firms urged to embrace digital transformation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

     A panel discussion at a seminar on digital transformation held in HCM City on Friday. — VNS Photo HCM CITY — Vietnamese firms should embrace digital transformation to stay afloat in the Industry 4.0 era, delegates said at a seminar in HCM City on Friday. Digital transformation is the application of digital technologies to change business models and create new business opportunities, and to increase revenue and value. It can also change operation and leadership methods, working processes and corporate culture. Hồ Tú Bảo, scientific director at the…

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