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Viettel wins ASEAN ICT awards

Viettel Group’s Customer Insights product won a bronze award in the research and development category at the ASEAN ICT Awards 2016 in Brunei late November.
Viettel wins ASEAN ICT awards ảnh 1A group photo of delegates and winners at the ASEAN ICT Awards 2016 (Photo: ictnews.vn)

HCM City (VNA) - Viettel Group’s Customer Insightsproduct won a bronze award in the research and development category at theASEAN ICT Awards 2016 in Brunei late November. Thiswas the first time a Vietnamese product won in Big Data. Viettel Group’sCustomer Insights won over 100 other products from Southeast Asia to enter theround of 18 finalists. The final round was organised in late August in Myanmar. Thesystem was built with the Real-Time Big Data Analytics Platform, whichclassifies and analyses telecommunications customers’ consumption activities. Thishelps companies make business decisions in telecommunications, e-commerce andadvertising. CustomerInsights, which was set up in 2013, helped Viettel become the first Vietnamesecompany with a Big Data application. It supports Viettel customers and offerstelecommunication packages based on each person’s needs. Thisyear, Vietnamese company Early Start with its Monkey Junior software won a goldaward in the Start-ups category.-VNA
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A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

ꦯ Phu Tho emerges as FDI magnet following mergence

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.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

♋ Maximum fine of 3,000 USD proposed for violating invoice regulations

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.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

💝 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

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.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🎃 Banks accelerate digitalisation, non-cash payments

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.
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