At the signing ceremony. The School of Applied Mathematics and Informatics (SAMI) under the Hanoi University of Science and Technology, and PIXTA VIETNAM, an R&D center of the PIXTA Inc., signed the collaboration deal last week. Accordingly, the LAB Team of PIXTA VIETNAM, which is dedicated to machine learning research, will team up with SAMI students to conduct joint research on an artificial intelligent (AI) application that can process over 40 million high quality and high resolution images from Pixtastock. Under the deal, PIXTA has high hopes on improvement relating to search accuracy and user experiences on its website. Additionally, the firm expects to raise the standard of its own machine learning technology and contribute to bettering the quality and skills of Vietnamese IT human resources. GM_EN_PC_ARTICLE_Native_ads PIXTA will establish a prediction system that shows images of best-selling products based on customer’s data and image analysis. … [Read more...] about Japanese firm seeks to boost machine learning research in Vietnam
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Talent attraction seen as engine of private sector: expert
Shanmuga Retnam, country director for Vietnam of RSI International Asia Vietnam enjoyed GDP growth of 7.08 per cent in 2018, at peak levels since 2008. This growth was primarily buoyed by increased levels of exports and the flow of foreign investment. However, the country remains in the infancy of its economic development with a healthily low unemployment rate of 2.09 per cent. Boston Consulting Group has pinpointed the development of privately-owned enterprises as a driving force for sustainable economic development. Close linkages between local businesses and foreign-invested enterprises are expected to generate a positive spillover effect for the entire economy. Following Singaporean model Singapore is a good example of how to grow into a global hub for business and world-class workforce. The island country has kept its doors open to highly skilled foreign workers ever since gaining independence, however it has only been since … [Read more...] about Talent attraction seen as engine of private sector: expert
HCM City firms face labour shortages
Many firms in HCM City are having to deal with an insufficient number of workers as increasing numbers of people enrol with app-based services. Young people looking for a job at a career event in Ho Chi Minh City 1,200 firms in 17 industrial zones in HCM City have 290,000 workers. 40% of demand is reported to be from the textile sector, 14% from the IT sector and 8.1% from the engineering sector. An HR director said they had invested a lot in new machinery to cut labour by 70%, but it was still difficult to employ enough people. They had connected with various job centres and encouraged the employees to introduce their friends and relatives to the company. Still, the results were not good. Le Van Toan, manager at Estec Vina Company in Binh Duong, said, "30% of people in our company were introduced by another employee. This is the most effective method when there’s competition between companies." Job searching has changed in the last five years. Now people have many other … [Read more...] about HCM City firms face labour shortages
Russian helicopter producer eyes bigger ASEAN market share
A Mi-171A2 helicopter by Russian Helicopters. (Photo: TASS/VNA) Hanoi (VNA) – Russian Helicopters, a Moscow-based helicopter design and manufacturing company, sets a goal to increase its market share of civilian helicopters in the Association of Southeast Asian Nations (ASEAN). Russian Helicopters, part of the Rostec State Corporation, has introduced two models – Ansat and Mi-171A2 – near Kuala Lumpur International Airport in Malaysia during the company’s Southeast Asia helicopter tour. The company intends to raise its current 2-percent market share of civil helicopters to between 5 – 7 percent in the next five years, said CEO Andrey Boginsky. The firm is looking at delivering up to 15 helicopters to Malaysia in the next three years, he said, adding that it receives genuine interest from emergency, search and rescue, and firefighting agencies, particularly amidst recent disaster relief in Indonesia and other countries. He noted that demand for … [Read more...] about Russian helicopter producer eyes bigger ASEAN market share
Firms fail to exploit internet marketing
Fifteen years since it reached these shores, the internet has revolutionised Vietnamese lives. Online enterprises have boomed, but many Vietnamese businesses are lagging behind and still do not take full advantage of internet marketing to leverage economic development, said To Hoai Nam, deputy chairman of the Association for Small–Medium-sized Enterprises (SMEs). A product is offered for sale on the groupon website nhommua.vn Nam was speaking at an internet marketing seminar in Hanoi this week, which was co-hosted by the Vietnam Internet Association (VIA) and Russian New Horizon Internet (NHI) which owns the Wada.vn Vietnamese search engine. At the seminar, industry experts said most Vietnamese businesses were still reluctant to add internet marketing to their business strategies. According to experts, Vietnam has a strong technology infrastructure, with one-third of the population regularly using the internet. In addition, one in nine citizens use social networking, while one … [Read more...] about Firms fail to exploit internet marketing