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Business demand & trends

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  • Sustainable development is an irreversible trend today. Many countries have established trade barriers based on sustainability criteria. The wood processing industry plays an increasingly important role in Vietnam’s economy. Hanoi city hosts approximately 3,000 businesses engaged in wood processing. Following the negative impact of the COVID-19 pandemic, businesses continue to confront intense price competition. This has resulted in heightened demand for improving job performance to reduce the overall cost of production.

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  • In recent years, the fourth industrial revolution has been progressing strongly, resulting in numerous accomplishments that have profound implications for various industries and sectors of the economy, including the banking sector. In the context of the digital transformation boom, traditional banking models have undergone modifications and advancements with the aim of boosting competitiveness and efficiency, leading to the emergence of the Open banking .

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  • Architectural longevity (the changes in technology and fortune that the platform will undergo during the next three to five years) •Availability of skills (from lower cost of ownership as well as lower inertia point of view) •Level of integration required (the amount of system integration work the customer is required to do)

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