The compliance world, like business in general, is being inundated with “trends” and claims of “new technology” that inevitably (is or) will transform our economy. There is no question that artificial intelligence holds great promise for compliance and our entire economy.
In the first 10 months of 2018, there is an increase in Growth rate of key indicators in the first 10 months compared to same period last year.
Index of Industrial Production (IIP) is estimated to increase by 10.4% over the same period last year. Of which, the manufacturing sector increased 12,7%; Power production and distribution increased by 9.6%, Water supply and waste disposal increased by 6.6%, Particularly, the mining sector decreased by 2.6%.
Credit rating is the judgement about how likely a debt is paid. Credit rating can be applied to any organization wishing to borrow money - individual, company, state or provincial government. Credit rating for companies and governments is usually conducted by a credit rating agency such as Standard & Poor's, Moody's or Fitch. These rating agencies will be hired by an organization looking for a rating service for themselves or one of their debt issues.
On July 7, the Ministry of Culture, Sports and Tourism held the honor of Vietnam's leading tourism enterprises in 2018. This year, the Vietnam Tourism Awards were presented to 10 leading travel firms, 15 top five-star hotels, 15 top four-star hotels, 15 passenger automobile carriers, 10 top restaurants for tourists, 10 shops, five tourism areas, 10 leading golf courses and five top tourism investors.
Vietnam has a significant amount of young and middle-class consumer, along with high digital media consumption, as well as mobile gaming habit. Any enterprises who wish to tap into Vietnam should develop mobile-friendly websites, videos, pictures, apps, etc.