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Artificial intelligence: Life-saving technology for tomorrow’s Vietnam

 Artificial-intelligence technology surrounds our everyday lives, in the form of voice assistants like Apples’ Siri, Microsoft’s Cortana or Amazon’s Alexa, say the computer experts.

Vietnam aims to narrow rich-poor gap

 The Vietnamese Party and State have yearned for a fair society where all citizens have the right to contribute and enjoy benefits. Vietnam is now set to narrow the wealth gap to realize the long-term goal of social fairness.

Talking gloves support communications for the deaf

 Two students from HCM City have successfully developed a product called talking gloves to support the communications of deaf and mute people.

Too many barriers stifle startups

VietNamNet Bridge - Analysts say that the ecosystem for startups is not well organized to give substantial support to entrepreneurs.

Retail rides ‘ideal potential’ to surge

 A rise in Vietnam’s retail and consumption service revenue reflects growing local purchasing power and retail-related activities.

Banks’capital adequacy in danger of plunging

 State Bank of Viet Nam statistics show that the average capital adequacy ratio (CAR) of the banking sector has been consistently falling since the beginning of this year. 

Doubling of imported used car tax proposed

Importing used cars with nine seats and less will become harder if a proposal to raise used car tariffs is approved by the Government. 

Consumers increasingly tech-savvy: Nielsen

 Vietnam is home to a growing number of tech-savvy “connected consumers” that global corporations will increasingly seek to court, according to a study conducted by Nielsen in cooperation with Demand Institute.

Finance Ministry proposes cut in some fees, charges

 The Ministry of Finance (MoF) has drafted a few adjustments to charges and fees in several sectors under its management.

Local firms fail miserably with information disclosure

 Only about 17 per cent of listed companies comply with information disclosure regulations, lower than the figure in 2016, according to the Vietnam Association of Financial Executives (VAFE).

First metro line to get tracks

 Progress on the metro continues, but a tax dispute has left some necessary equipment languishing at port, Le Nguyen Minh Quang, head of the HCM City Management Authority for Urban Railways said.

Lawmakers to mull tougher corruption law

Lawmakers convening today in Hanoi for 14th session of the National’s Assembly’s Standing Committee are scheduled to discuss an amended Law on Corruption Prevention and Control.

Vietnam plans to release more anti-dengue mosquitoes into wild

 The Ministry of Health (MoH) is planning to expand the pilot release of Wolbachia-infected mosquitoes in some southern areas of Vietnam in the next few years to prevent dengue fever.

National Assembly Standing Committee convenes 14th session

 The Standing Committee of the 14th National Assembly (NA) will convene its 14th session in Hanoi from September 11-20, with a number of issues high on the agenda to prepare for the NA’s fourth meeting scheduled for next month. 

Equitisation of SOEs from perspective of foreign investors

 Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard.

Vietnam prepares to support aging population

 According to the World Health Organisation (WHO), Vietnam is among the countries with the fastest aging rate in the world, which has widespread and long-term impacts on the country, requiring comprehensive proactive policies for the elderly.

Rate of flight delay, cancellation at 12.1 percent in August

 The number of delayed and cancelled flights of the four domestic carriers - Vietnam Airlines, Vietjet Air, Jetstar Pacific and Vasco - was 2,788, accounting for 12.1 percent of their total flights in August.

VAMC needs more capital to settle bad debts

 The Vietnam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said.

Analysts forecast VN-Index drop

 Vietnam’s benchmark VN-Index reached a 10-year high last week on the back of a few blue chips. However, the gain was unstable and the index could face a short-term drop in the coming sessions.

Defence delegation visits Cuba

 Chief of General Staff of the Vietnam People’s Army and Deputy Defence Minister Sen. Lieut. Gen. Phan Van Giang led a defence delegation to visit Cuba from September 8-11 at the invitation of his Cuban counterpart Sen. Lieut. Gen. Alvaro Lopez Miera.