The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity, learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKVFTA) takes effect, according to banking insiders.

The relations between Vietnam and Indonesia are in prime time and will continue to thrive in all fields in the future, stated Vietnamese Ambassador to Indonesia Ta Van Thong at a ceremony celebrating the 77th anniversary between the two countries in Jakarta on September 14.

A delegation of the Vietnamese education and training sector’s labour union led by its President Nguyen Ngoc An attended the 36th ASEAN Plus One Council of Teachers Convention with the Republic of Korea (ACT+1) held in Jakarta, Indonesia, from September 2-4.

The domestic tourism sector needs data centres, hosted by the Vietnam National Administration of Tourism (VNAT) to accelerate digital transformation of the industry, said Nguyen Quyet Tam, a member of Vietnam Software & IT Services (VINASA) and CEO of VietISO.

Digital transformation has been essential for the tourism sector in the post-COVID-19 period by optimising operations, cutting expenses, improving efficiency, and attracting more visitors.

The total State budget collection in the first eight months of this year has been estimated at VND1.2 quadrillion (US$51.3 billion), equivalent to 85.6% of the annual target, according to the Ministry of Finance.

VOV.VN - Vietnamese shrimp exports to the United States and China in July fell by 54% and 17%, respectively, against the same period last year, according to data given by the Vietnam Association of Seafood Exporters and Producers (VASEP).

In order to make 5G technology a part of digital transformation efforts and Industry 4.0 in Vietnam, it is necessary not only to build telecoms network infrastructure but also develop a 5G mobile ecosystem.

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

VOV.VN - Vietnam and Singapore enjoy a fruitful partnership across a variety of areas, including politics, economics, security, and people-to-people exchanges.