Market Watch

Your browser does not support the audio element. Việt Nam’s retail sector is rapidly advancing its digital transformation, with retailers embracing data-driven strategies and diversified sales channels to cut costs and streamline operations. Many retailers in Việt Nam are laying the groundwork to build a modern store experience. — Photo courtesy of Zebra HÀ NỘI — Việt Nam’s retail sector is rapidly advancing in terms of digital transformation, with retailers embracing data-driven strategies and diversified sales channels to cut costs and streamline operations. The positive assessment was announced at the launch of Zebra Technologies Corporation, a global leader in digitising and automating frontline workflows 17th Annual Global Shopper Study on Tuesday. In Việt Nam, the total retail sales of consumer goods and services saw a year-on-year increase of 8.5 per cent, reaching over VNĐ5.2 trillion (US$207.5 billion) from January to October 2024, according to the General Statistics Office (GSO). The Ministry of Industry and Trade has also forecast that Việt Nam’s retail market to reach $350 billion by 2025, underscoring the sector’s robust trajectory. “Many retailers in Việt Nam are laying the groundwork to build a modern store experience,” said Christanto Suryadarma, Sales Vice President for Southeast Asia (SEA), […]

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ADANA, TURKEY – 2023/02/07: Cars seen queuing to refill gas at a gas station in Adana. Turkish On his inauguration day, President Donald J. Trump signed an Executive Order entitled “Designating cartels and other organizations as foreign terrorist organizations and specially designated global terrorists.” This illustrates the new administration’s emphasis on the global fight against organized crime, with a primary focus on Latin America. In addition to historically known avenues of illicit revenue generation, such as drug and human smuggling, organized crime groups are now penetrating formal economic sectors, including the fuel industry, and engaging in illicit fuel trafficking. While the Executive Order calls for the elimination of groups such as Tren de Aragua (TdA) and La Mara Salvatrucha (MS-13), this is made far more difficult with no measures to remove their presence from lucrative sectors, such as fuel smuggling . While limited progress has been made in Latin America, an effective approach may lie in successful technological measures employed overseas. The Shadow Economy Threatens the United States Fuel smuggling and energy theft have proven to be uniquely profitable vectors for crime organizations. Organized crime groups use their operations in these sectors to exploit regulatory gaps and launder money. […]

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As ViVE 2025 kicks off in Nashville, health system and hospital leaders are faced with a challenging path toward innovation. Can they agree on what works and what doesn’t? KEY TAKEAWAYS Roughly one-quarter of the 8,000 attendees at this week’s ViVE 2025 conference in Nashville are expected to be health system and hospital executives. Many of them are here to discuss how to make innovation and transformation work at a time when the industry is struggling on several fronts and needs a bit of good news. Healthcare leaders need to find those new ideas and technologies that will work for them in improving both the hospital’s bottom line and clinical care, and that may involve redefining ROI or building on small victories. Amid the uncertainty of the Trump administration and the hazards of winter travel, ViVE 2025 kicked off this week in Nashville with a focus on digital transformation and innovation. The four-day event is expected to draw about 8,000 attendees. Co-produced by HLTH and CHIME (the College of Health Information Management Executives), ViVE boasts a busy agenda—and a refreshing number of panels that feature health system and hospital executives, who are making up roughly one-quarter of the attendees […]

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(VOVWORLD) – Most National Assembly deputies agreed with the policies proposed on Monday to remove obstacles in science, technology, and innovation, and underscored the need to add special mechanisms for public investment, private management, building a fund for scientific research, and commercializing research results. NA deputies at the extraordinary session on February 17, 2025. (Photo: quochoi.vn) Deputy Hoang Minh Hieu of Nghe An province said at the ongoing National Assembly extraordinary session in Hanoi that human resources are fundamental to the development of science and technology. “As we need a high-quality workforce, there should be policies to help businesses and research centers recruit trainers. These trainers should be given visa support and tax exemptions so they ’ ll stay and work in Vietnam for a long time. We need to make Vietnam a place for advanced technological research,” said Hieu. Legislators also discussed the Ninh Thuan nuclear power project, including its feasibility, capital, security, and technology transfer. Deputy Trinh Tu Anh of Lam Dong province underscored the need to complete the law on atomic energy to create a legal framework for ensuring safety and security in the nuclear energy sector based on the recommendations of the International Atomic Energy […]

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An Estonian company will help develop the Saudi Arabian digital residency program, a government-verified digital identity that provides access to a country’s digital infrastructure and business environment. The new business agreement is part of a rising digital governance exchange between the Northeastern European country and the Gulf state. A deal for developing the Saudi mResidency program was signed last week between Estonian digital identity company B.EST Solutions and Professional Solutions, a Saudi firm focused on digital products. The partnership will focus on implementing mobile identity solutions to support secure cross-border services The virtual government-verified identification project was created to attract global talent and investment, according to an announcement. B.EST Solutions’ m-Residency product was first implemented in 2020 in Azerbaijan. The scheme is a counterpart to Estonia’s E-Residency which has been online since 2014, giving entrepreneurs remote access to the country’s expansive digital infrastructure – since January, 100 percent of Estonia’s digital government services have been available online. The agreement was signed during the LEAP 2025 technology conference in Riyadh which welcomed an Estonian business delegation led by the Estonian Association of Information Technology and Telecommunications (ITL). “Estonia’s ICT sector has long been at the forefront of secure digital services, […]

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Burundi expects the implementation of its digital transformation agenda to get a boost as avenues for collaboration are being discussed with the International Financial Corporation (IFC), an affiliate of the World Bank. Recently, officials of the IFC met with the Executive Secretary for Information and Communication Technologies of Burundi. While full details of the discussion were not disclosed, it is understood that the meeting was an opportunity for both parties to explore ways though which the country can implement its digital transformation initiatives via public-private partnerships, Agence Ecofin reports . This meeting with the IFC team comes just months after the government concluded a Memorandum of Understanding (MoU) with Vietnam to sharpen collaboration on digital projects. Considered one of the poorest countries in the world, Burundi is looking to build a digital economy driven by a properly-established digital public infrastructure. In 2022, the East African nation got the approval of the World Bank for the “Digital Foundations Project for Burundi” – a project that is aimed at increasing broadband internet access, especially to underserved communities, and enhancing government’s capacity to deliver public services through digital channels. The project, estimated at about $92 million, was launched in September last year […]

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(13min) Summary Wise plc leverages competitive pricing and high liquidity to drive demand and sustain growth, especially in cross-border money transfers. The company has shown consistent revenue growth, with Q325 revenue up 13% YoY and nine-month cumulative revenue reaching £1.0B. Increasing market penetration, particularly in Southeast Asia, and the freelancing boom present significant growth opportunities for Wise. After recent pullbacks, Wise’s stock is underpriced with upside potential, supported by technical indicators and a DCF model showing a 41% potential increase. We Are Two decades ago, we had to wait at least a day or even go to a remittance center to claim the money our loved ones or clients sent. But today, money transfers can be completed instantly via personal computers and/or

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Edited by Rohan Jambhale Editor TABLE OF CONTENTS [ show ] Introduction Change Management Statistics: Change management is an important part of how businesses run today. Knowing the latest facts and figures about change management can help companies understand the challenges they face and the opportunities they can take advantage of. This article will explore the most recent and interesting change management data, giving us a look into how businesses handle change. From the influence of new technology to the role of leadership, these Change Management Statistics show the strategies and trends that help companies manage and adapt to change. Editor’s Choice Change Management Statistics stated that almost 47% of companies that use change management are more likely to reach their goals than the 30% that don’t. Only 34% of change projects are successful. Almost 79.7% of businesses need to make changes every two to five years. One in three CEOs didn’t get the results they wanted from past transformation projects. Two-thirds of workers suffer from burnout, which leads to failed transformation efforts. Workplace stress makes up 8% of national healthcare costs. The digital transformation market is expected to grow to $1,009.8 billion by 2025 . 29% of employees […]

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Varinder Singh Jawanda MASL World, a leader in ICT solutions, has been revolutionizing industries with cutting-edge technologies since 2000. From advanced railway signalling to AI-driven smart city solutions, MASL is shaping the future of digital transformation. The company’s rebranding reflects its commitment to innovation and global expansion, aiming to enhance urban mobility, public safety, and industry resilience across sectors. Varinder Singh Jawanda, Chief Executive Officer of Millennium Automation Systems Limited (MASL World) shares more in an exclusive interaction with Abhineet Kumar of Elets News Network (ENN). Edited excerpts: In December 2024, MASL underwent a rebranding to reflect its expanded vision and services. Could you elaborate on the strategic reasons behind this rebranding and how it aligns with your company’s future goals? At MASL WORLD, we’ve always believed in the power of technology to drive progress. Since our inception in 2000, we’ve been committed to helping businesses and institutions navigate an increasingly digital world. That commitment has never changed, but what’s changed is the scale at which we can now operate. This rebranding is a reflection of our growth and evolution. In the year 2000, we started as a manufacturer of computer devices, working with industry leaders like Intel and […]

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Driving the nation’s digitalization agenda forward, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman has signed a strategic agreement with Network International to enhance compliance initiatives. Image Courtesy: Bank Nizwa Muscat: Driving the nation’s digitalization agenda forward, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman has signed a strategic agreement with Network International to enhance compliance initiatives. This partnership underscores Bank Nizwa’s commitment to pioneering innovative solutions that enhance banking convenience for customers, fostering trust and security, and elevating the overall banking experience while aligning with the nation’s vision for a digitally empowered economy. By embedding this comprehensive fraud management system into its operations, Bank Nizwa seeks to enhance transactional security, minimize fraud-related risks, and ensure uninterrupted banking services for its customers. This initiative underscores the bank’s dedication to maintaining transparent banking practices and operational resilience, setting a benchmark for advanced fraud prevention in Oman’s financial sector. Highlighting the importance of this partnership, Mr. Mohammed Al Hashmi, Chief Compliance Officer, at Bank Nizwa, stated, “This collaboration marks a pivotal milestone in Bank Nizwa’s digital transformation journey. We are steadfast in our mission to set benchmarks for secure […]

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