Vessel Margrethe Maersk enters Cai Mep International Terminal (Photo courtesy of the terminal)
Ba Ria-Vung Tau (VNA) - As the world modernises at a mindbogglingpace, more and more companies are switching to blockchain technology.
Cai Mep International Terminal (CMIT) said they are the first in their line ofbusiness to adopt blockchain to better serve their clients.
Earlier this month, CMIT announced it had joined the TradeLens digital platform,an open and neutral blockchain-based platform that is digitising the globalsupply chain and transforming trade.
A joint venture between Vinalines, Saigon Port and APM Terminals, CMIT is oneof the largest terminals in Cai Mep-Thi Vai deep-water gateway port complex,which currently accommodates mainline vessels with a capacity up to 194,000DWT/21,500TEU connecting Vietnam with Europe, North America and Asia.
The move is part of CMIT’s commitment to innovate and apply e-solutions andhigh tech to ensure the business runs smoothly, said Jan Bandstra, GeneralDirector, adding that joining Tradelens enables immediate updates on cargodata, directly supporting our customers’ supply chain planning efficiency.
Nguyen Xuan Ky, Deputy General Director said working in this high-tech way willultimately increase efficiently.
According to Ky, the platform brings together all parties in the supply chain –including cargo owners, freight forwarders, inland transportation providersincluding rail and trucking, ports and terminals, ocean carriers, customs andother government authorities into a single, secure data-sharing andcollaboration platform.
Developed in collaboration between Maerskand IBM, TradeLens is currently supported by more than 100 diverse organisationsacross the industry./.
Representatives of the blockchain industry in Vietnam have asked for a ‘sandbox’ for the technology while meeting with Government agencies at a conference on in Hanoi on September 18.
Blockchain experts gathered on November 8 to discuss the application of the technology in building smart urban areas during the Saigon High-Tech Park’s 6th annual international conference.
TMA Solutions, one of the largest software outsourcing companies in Vietnam, has established the TMA Innovation Centre to develop new software products and solutions based on the fourth Industrial Revolution's technologies, said Tran Phuc Hong, the company’s vice president.
While there is much more data than ever before and digital technologies are growing very fast, there is a huge shortage of human resources, experts have told a conference at the Hoa Sen University in Ho Chi Minh City.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.