Viet Nam News HÀ NỘI — Software firm SAP Việt Nam on Thursday announced a partnership with VPBank to equip the company with solutions to serve digital and mobile banking needs in Việt Nam. VPBank has been equipped with SAP Omnichannel Banking (OCB) software along with services including SAP Premium Support (PE) and SAP Application Maintenance Support (AMS) to transform its banking platform and services. With the nation’s mobile internet adoption projected to nearly double between 2015 and 2022, VPBank saw an opportunity to transform its banking platform and services to support the huge growth of digital and online banking potential. VPbank also needs an adaptable system that can be connected to other local systems, interfaces and payment gateways, and the capacity to operate with new fintech platforms in Việt Nam. “As Việt Nam develops its digital economy, intelligent technologies will be key in enabling digital banking platform … [Read more...] about VPBank shaping the future of the banking landscape
Application performance monitoring best practices
Xavier Potier, risk assurance director, and Mai Tran Bao Anh, financial services assurance senior manager at PwC Vietnam Why is the implementation of Circular 13 important for banks and their IA function? As an emerging economy, Vietnam has seen its banking and financial markets develop quite rapidly. However, we have also witnessed deep-rooted issues in the industry, to which many banks have not promptly taken appropriate actions. These challenges point to shortcomings in monitoring and controlling risks. Circular 13, which takes effect on January 1, 2019, has developed a comprehensive and consistent legal framework for senior management oversight, internal control, RM, internal capital adequacy assessment process (ICAAP), and IA of commercial banks. The circular helps banks to comply with international standards and best practices. It will also improve the effectiveness of inspection and supervision by the State Bank over commercial banks in order to reduce losses, insolvency … [Read more...] about Embracing new internal audit standards in banks
Vietnam’s agricultural sector records progress Over the past years, Vietnam’s agricultural sector has reaped marked achievements, helping ensure national food security. Vietnamese staples such as coffee, rice, rubber, cashew nuts, pepper, fruit, seafood, wood and timber products have gained firm foothold in the global market. Statistics show that the sector’s gross domestic product (GDP) grows about 2.5 percent while its production value expands by 2.73 percent each year. During the 2013-2017 period, the sector’s total export turnover reached 153 billion USD, with 36.2 billion USD earned in 2017. Seven out of the 10 major products saw export turnover exceeding 1 billion USD. To create impressive changes in agricultural production, the Vietnam Farmers’ Union (VFU) has signed a cooperation programme with the Ministry of Science and Technology, under which the two sides join hands in implementing scientific and technological tasks … [Read more...] about BUSINESS NEWS IN BRIEF 12/12
Fayfay.com announces strategic partnership with Ho Chi Minh City tourism Hong Kong-based Fayfay.com on December 6 announced that it signed a Memorandum of Understanding (MoU) with the Ho Chi Minh City Tourism Promotion Centre to promote tourism in Vietnam, with a special focus on the city. The MoU was signed by Tran Ngoc Dong Quan, deputy director of the Ho Chi Minh City Tourism Promotion Centre, along with Kingston Lai and Kelvin Wu, the co-founders of Fayfay.com, at Bep Nha Luc Tinh Restaurant in Ho Chi Minh City, in the presence of industry experts and members of the media. “Ho Chi Minh City is an important destination on Fayfay.com and we look forward to partnering with the Ho Chi Minh City Tourism Promotion Centre to showcase the city’s vibrant architecture, rich culinary scene, and authentic local experiences,” said Lai. “We believe strategic joint promotional activities with the Tourism Promotion Centre will enable us to leverage our online platform and … [Read more...] about BUSINESS NEWS IN BRIEF 10/12
Sections SEARCH Skip to content Skip to site index Sports Log In Subscribe Log In Today’s Paper Sports | The Knee’s Better. Deshaun Watson’s Better. And the Texans Are Better. Supported by ByBen Shpigel Dec. 7, 2018 HOUSTON — The flashes came, at first, in jagged intervals: a sharp cut, a smooth scramble, an assertive plant-and-throw, the ball whistling toward a receiver. One after another, these flashes tantalized Deshaun Watson’s coaches and teammates on the Houston Texans, and in time they became expectations, and soon thereafter — a few games into this season, give or take — those expectations matured into a state of predictable comfort. There was no revelatory moment. One day, it just sort of happened. Watson, one of the N.F.L.’s singular talents — a player who just might have set all sorts of rookie quarterback marks had he not torn a knee ligament, halting … [Read more...] about The Knee’s Better. Deshaun Watson’s Better. And the Texans Are Better.