SCIENCE & TECH

Vietnamese students won one third prize and one consolation prize at the Intel International Science and Engineering Fair (Intel ISEF) 2018 which was held in Pennsylvania, the US.

The Vietnam-Australia Energy Roundtable 2018 has been organised by the Australian Government in partnership with the Vietnam’s Ministry of Industry and Trade on May 22 in Hanoi.

In 2017, Vietnam`s fintech market reached USD 4.4 billion in transaction value and is expected to grow to over US$7.8 billion by 2020, said a report on Vietnam`s fintech growth potential by Solidiance, an APAC-focused consulting firm.

The Hanoi People’s Committee Office has recently issued Official Letter No.3398/VP-DT on requesting the Hanoi Railway Transport One Member Limited Company, the Hanoi Transportation Corporation (TRANSERCO) to continue taking key measures to properly develop transportation modes in the city.

The digital economy is booming and has become a leading factor in driving economic growth all over the world. Vietnam has also set target to develop the digital economy.

The Hanoi People’s Committee has recently approved the adjustments of detailed planning for the city’s hi-biotechnology park in Tay Tuu, Lien Mac, Minh Khai and Thuy Phuong wards, Bac Tu Liem district.

On the journey toward the industry 4.0 innovation, Vietnam has met plenty of roadblocks and difficulties.

IT Techmart, a fair featuring technological advances and specialised electronic devices, kicked off in Hanoi on May 16.

Huobi Pro, the world fourth largest crypto exchange, plans to foray into Vietnam`s block chain market and also explore investments and partnerships in Asia, local media reported.

The technology and information technology equipment market (IT Techmart 2018) opened in Hanoi on May 16, as part of activities to develop the science and technology market.

Chinese technology giant Xiaomi has opened its first authorized Mi Store in Hanoi on May 12.

The total value of transactions via the automatic teller machines (ATMs) and points of sale (POS) last year surged sharply by 34 percent against the previous year.

The Prime Minister has signed Decision No. 494 on the establishment of a steering committee on digitized Vietnamese knowledge system, according to the government portal.

Tran Hai Quang, a 28-year-old former student of the Foreign Trade University, has earned initial success after two years since the launch of his startup project, Clingme, a free app to facilitate shopping for consumers.

Singapore-based transportation startup MVLchain, which owns Grab-like platform MVL, will officially foray into the Vietnamese market in July this year targeting to attract 25% of cars and motorcycles operating in the country to join this platform.

The Hanoi People’s Committee has recently issues Official Letter No.1851/UBND-KH&DT, requesting city’s departments, agencies, People’s Committees of districts, suburban districts and towns to realize Resolution at February session of the Government.

Vietnam should develop a legal framework on data management to boost the growth of digital economy, experts said.

Localities need to set up plans for hi-tech agricultural areas in accordance with regional growing and climate conditions.

Korean government will provide non-refundable aid of US$5.5 million to Vietnam, in addition to Vietnam`s counterpart fund of US$700,000 to develop the project in period 2018 - 2020.

The People’s Committee of Hoan Kiem district has recently issued Plan No. 94/KH-UBND on developing e-commerce in the district in 2018.