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One Mount and Google Cloud Come Together To Build Vietnam s Largest Technology Ecosystem - Brandinfo - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Ha Noi, Viet Nam, 17 March, 2021: One Mount Group, a member of Vingroup and strategic partner of Techcombank, has partnered with Google Cloud as its preferred enterprise cloud service provider to help advance its mission to create Viet Nam s largest ecosystem connecting people and businesses at the intersection of technology and humanity. The strategic partnership will see One Mount leveraging a broad range of Google technologies, including SAP on Google Cloud and Google Workspace, in its expansion strategy and drive for continuous innovation across its lines of business. Starting with VinShop, a dedicated retail app enabling independent shop owners to grow their business via tech enabled supply chain and inventory management; VinID, a super app and Viet Nam s largest consumer loyalty program integrating many functions such as payment, housing management, goods purchase, and financial services; and OneHousing, a one-stop destination for all needs in housing, supporting buying, sel

One Mount Group et Google Cloud promouvent le plus grand écosystème technologique du Vietnam | Sciences

One Mount Group et Google Cloud promouvent le plus grand écosystème technologique du Vietnam | Sciences
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What s next for Vingroup? What is One Mount Group?

Vingroup has embarked on its digital transformation journey with a strong focus on VinFast, as well as smart home and smart city solutions, among others. Meanwhile, affiliate One Mount Group is expected to build a leading synchronous technological ecosystem in Vietnam. Vietnamese conglomerate Vingroup has confirmed its goal is to increase the revenue portion of technology and manufacturing from the current 20 to 50 per cent. Achievements of digital transformation, including comprehensive smart home and smart city solutions deployed at Vinhomes Grand Park and face recognition technology widely applied in Vinpearl hotels and resorts and VinWonders. Moreover, the OneVinmec application deployed since May 2020 is expected to provide a wide range of medical solutions for customers. Meanwhile, personal movement tracking devices such as the Vantix band would help to raise labour productivity at Vinpearl by 15-25 per cent.

Retailers adapting to new behaviours

Retailers adapting to new behaviours 10:00 | 17/12/2020 Retailers adapting to new behaviours-illustration photo At the end of November, South Korea-based convenience chain GS25 announced installation of facial payment Facepay into 25 of its 80 stores, before extending the service to the whole chain. Facepay has been developed by Wee Digital, a digital identity technology startup. The installation of Facepay is part of GS25’s strategy to scale up its presence to open about 500 more stores by 2025, increasing its competitiveness with other convenience store operators in the country. Both the founder of Wee Digital, Christian Nguyen, and Mai Thuy Nhan, CEO of GS25 Vietnam, believe that the payment technology of Wee Digital will bring an interesting experience for customers, especially young ones who use e-wallets such as ZaloPay, VNPAY, or MoMo.

Vietnam to have 12 ecosystems with revenue of 100 billion USD: McKinsey

Vietnam to have 12 ecosystems with revenue of 100 billion USD: McKinsey 09:46 | 10/12/2020 Illustrative image (Photo: ndh.vn) Hanoi - Twelve large ecosystems will be established across retail and institutional services in Vietnam by 2025, constituting a revenue pool of about 2.4 trillion VND (100 billion USD). The information was released in a recently published economic research paper by McKinsey and Company. It points out how an ecosystem economy will transform Vietnam’s economy in the years to come. Ecosystem growth will be essentially driven by a significant decrease in the cost of customer acquisitions (CAC). Ecosystems enable automation on a large scale and integrate purchasing pathways, giving customers access to a variety of products and services within a single platform. This consolidation of channels has the potential to reduce CAC. For example, in the banking industry, ecosystems can generate (CAC) savings of 10 to 20 percent.

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