Deputy head of the National Office of International Property of Vietnam Phan Ngan Son speaks at the final workshop (Source: qdnd.vn) Hanoi (VNA) – Winners of the Vietnam invention competition 2018, held by the Ministry of Science and Technology under the support of the World Intellectual Property Organization (WIPO), the Korean Intellectual Property Office (KIPO), and the Vietnam Television, will be honoured at a ceremony on April 25. Speaking at the final workshop on the competition held in Hanoi on April 24, deputy head of the National Office of International Property of Vietnam Phan Ngan Son said that the competition aims to encourage the creation of innovative technologies and technical solutions that are highly applicable and contribute to socio-economic development. Son stated that the competition has received attention from the community, offering a good opportunity for innovators to introduce their products and intensify cooperation to promote them abroad. The ten … [Read more...] about Most outstanding innovations to be awarded on April 25
Viettel posts $2.34 billion revenue in Q1
The boom of 4G and increasing use of mobile data have contributed to the positive business results. — VNS Photo HÀ NỘI — Viettel Group posted revenue of VNĐ54.4 trillion (US$2.34 billion) and integrated profit of VNĐ10.1 trillion in the first quarter of this year, representing 107 per cent and 116 per cent year-on-year increases respectively. The group said the boom of 4G and increasing use of mobile data contributed to the success. Statistics from the Ministry of Information and Communications showed Viettel signed up about 1 million new 4G subscribers a month in the first three months of the year. Currently, it has nearly 17 million subscribers using 4G services, 1.3 times higher than total number of all other telecom providers combined. Its 4G services are popular due to their high speed and cheap tariffs. The data use of its customers in the January-March period was … [Read more...] about Viettel posts $2.34 billion revenue in Q1
Vietnam advances inter-country adoption service with UNICEF, US support
The Hanoitimes - Stepping up inter-country adoption service is part of Vietnam`s efforts to maximize conditions for children. US, Vietnam discuss child adoption UNICEF praises Vietnam’s approval of Hague Adoption Convention Vietnam has greatly protected children’s rights and maximized social welfare for those disadvantaged adolescents through the Inter-country Adoption Service with the support by the UNCEF and the US government over the past years. Illustrative photo With the ratification of The Hague Convention on Protection of Children and Co-operation in Respect of Inter-country Adoption (The Hague Convention) in 2011, Vietnam has marked a milestone in multilateral cooperation in international justice and inter-country adoption. The moves have enabled Vietnam to seek better living conditions for its juveniles as the country is home to roughly 1.4 million children living in extremely poor conditions, including 176,000 orphans and abandoned. … [Read more...] about Vietnam advances inter-country adoption service with UNICEF, US support
Lao banks join hands to boost payment system
At the signing ceremony (Photo: raosukunfung.com) Vientiane (VNA) – Seven major banks in Laos signed a memorandum of understanding on April 22 to establish the Lao National Payment Network (LAPNet) company for a faster, reliable and more convenient payment system. Participating banks are the Lao foreign trade bank BCEL, Lao Development Bank, Agricultural Promotion Bank, Lao-Viet Joint Venture Bank, Joint Development Bank, ST Bank, and BIC Bank. LAPNet is set to continue employing the Loan Application Processing System (LAPS) provided by the Lao state bank BOL. As such, customers can use credit cards and deposits in transactions via the ATM and CDM systems, including checking account balance, withdrawing cash, or transferring money. In the long run, the company aims at developing a payment infrastructure for inter-bank transactions via multiple channels like QR Code and Internet-Mobile Banking. According to the BOL, local use of cash has faced difficulties, while the cost of … [Read more...] about Lao banks join hands to boost payment system
Japanese experts share experience in waste management
Illustrative image (Photo: VNA) Hanoi (VNA) – The good management of waste helps ensure urban beauty and safety, protect people’s health, reduce air and water pollution, adapt to climate change and spur economic development, Japanese experts said at a workshop in Hanoi on April 24. They said Japan has issued suitable policies and laws in each development period in an effort to protect the environment, and the country has been seen as a pioneer in waste treatment technologies. Naomichi Murooka, Deputy Chief Representative of the Japan International Cooperation Agency (JICA), said waste management has become a pressing issue in Vietnam. Although Vietnam has devised timely policies on waste management, the country still faces challenges in this field, he said. Meanwhile, Yamada Masato from Japan’s National Institute for Environmental Studies pointed out problems facing Vietnam like the lack of landfills, air and water pollution around landfills and the … [Read more...] about Japanese experts share experience in waste management