KMS Solutions, a technology company from Vietnam, is devoted to supporting Australian businesses. With a mission of empowering enterprises to embrace innovative technologies, KMS Solutions is one of many IT companies working hard to help bridge the gap.

The rapid progression of Australia's digital transformation strategy has created a greater demand for new technology. Nevertheless, a severe talent gap is prompting many Australian corporations to restrain their digitalization journey.

Recent Australian Computer Society's research anticipated that the country needs an extra 60,000 experienced ICT workers annually, with the demand for software developers at the top. Failure to address the skills gaps can delay businesses' digital transformation and impede Australia's ambition to rank among the top 10 digital economies by 2030.

Noticing the urgent need for competent IT specialists, the company has expanded its operation in Australia, having 1,600+ technology consultants in its Vietnam DC. Equipped with adequate tech resources and infrastructure, KMS Solutions aspires to support businesses' strategic technology initiatives.

CEO Duy Le believes that digital transformation is at the core of almost every corporation across all industries.

''No longer just the domain of the IT department, technology now impacts hugely on how businesses identify clients, design products, and delight consumers. To thrive, companies must stay at the forefront of technological development.''

Since the labor market for experienced developers has grown more competitive, Le says enterprises are finding it costs more to attract and retain employees. Aiming to reduce operational costs while accomplishing quality digital solutions, companies have progressively opted for outsourced Digital Team.

Adopting leading-edge technologies and upskilling its workforce, KMS has proved to be a reliable partner to 130+ global clients, particularly in BFSI and ISVs industries. From modernizing tech stack or providing end-to-end product engineering - all are covered by its dedicated development team.

''With the right mix of human ingenuity and technical capabilities, our Solutions and Offerings are of world-class standard, achieving engineering excellence and accelerating time-to-value. That's what set us apart from others.''

These projects have helped organizations accelerate their transformation with industry best practices, having the next-gen foundation for future growth. With its dedicated development team, KMS Solutions is confident that it can play a significant role in alleviating Australia's developer shortage.

The China Innovation and Entrepreneurship Fair 2022 (CIEF 2022) with the theme of "Science and Technology Innovation for Smart Future" kicked off in Guangzhou on September 2. This year's CIEF will last three days from September 2 to 4.

The CIEF 2022 is co-hosted by China Association for Science and Technology, the National Development and Reform Commission, the Chinese Academy of Sciences, the Chinese Academy of Engineering, the Central Committee of Jiusan Society, the People's Government of Guangdong Province, and the People's Government of Guangzhou Municipality, and co-organized by the People's Government of Guangzhou Municipality and Asia Digital Group. Held both online and offline, the CIEF 2022 has set up more than 20 exhibition areas for new-generation information technology, biomedicine and health, etc. It has established a high-quality and efficient digital display matchmaking platform through technical means such as AI, metaverse and immersive interaction to achieve data sharing, information exchange and accurate matchmaking.

Nearly 9,000 projects from all over the world participate in the CIEF 2022. During the CIEF 2022, more than 100 events such as innovation competition and achievement auction will be held offline to promote the commercialization and trading in scientific and technological achievements.

The value of projects for commercialization this year is expected to be no less than 12 billion yuan.

"We must improve the mechanism for the transfer and commercialization of scientific and technological achievements, and pursue a path that integrates the innovation chain, industrial chain, talent chain, policy chain and capital chain," stressed General Secretary Xi Jinping.

As a brand event for showcasing the achievements of the widespread innovation and entrepreneurship strategy and a key service platform for the commercialization of scientific and technological achievements, the CIEF is committed to covering the "last mile" in the commercialization of scientific and technological achievements, providing services for innovation and entrepreneurship, promoting the agglomeration of factors of innovation, and facilitating the integration of government, enterprises, university, research institutes, financial support, intermediary service and users.

Since 2015, the CIEF has exhibited over 16,000 pieces of innovation and entrepreneurship achievements, and over 23,000 projects have been released on the achievement trading platform. The value of commercialized projects exceeds 60 billion yuan.

The CIEF 2022 focuses on the fields such as new-generation IT, intelligent and new energy vehicles, biomedicine and health, AI and digital economy. Livestreaming studios on online exhibition hall have been launched. Special events such as auction of achievements, technology transfer, project roadshow, and forum summit will be held to assist in the commercialization of more innovation and entrepreneurship achievements in Guangzhou and even China as a whole.

During the CIEF 2022, more than 2,700 exhibitors will participate in the online exhibition, and nearly 9,000 pieces of achievements will be involved in online display and matchmaking. It is expected that the value of commercialized achievements for the year will be no less than 12 billion yuan.

This year's CIEF has extensively upgraded the online platform to create a higher-level "online" CIEF. The new platform highlights the new model and new experience for digital exhibition. It builds exclusive 3D booths and livestreaming studios for exhibitors through new technology use scenarios, virtual metaverse and immersive interaction at the online exhibition halls. It also fulfils functions such as online analysis of enterprise demands, intelligent matching, evaluation of achievements, signing of contract for intended cooperation, and service tracking.

The online platform of the CIEF will be connected with "Innovation China" platform. It provides services such as "expert pool", "project pool" and "demand pool" to bring together innovative resources such as enterprises, talents, services and finance. The CIEF will carry out more than 100 online and offline roadshows and matchmakings every year as a CIEF that "stays open throughout the year".

The increase in the functions of the online platform promotes the integration of online and offline CIEF. "Online" and offline functions will further complement each other, so that achievements will be used in more areas in a targeted manner, and more scientific and technological achievements will be commercialized, generate benefits in a market-oriented manner, and empower economic and social development.

In June this year, the State Council issued the Master Plan of Guangzhou Nansha on Deepening Comprehensive Cooperation between Guangdong, Hong Kong and Macao with Global Perspective (hereinafter referred to as the "Nansha Plan"), which is another major decision and plan made by the central government on the building of the Greater Bay Area from an overall and strategic perspective. According to the Nansha Plan, active efforts will be made to undertake the transfer and commercialization of innovation achievements in the fields such as electronic engineering, computer science, marine science, AI and smart cities in Hong Kong, and build a high ground for the transfer and commercialization of scientific and technological achievements in South China.

In order to promote the implementation of the Nansha Plan, the CIEF will leverage its unique advantages to help Nansha accelerate the building of an industry cooperation base for scientific and technological innovation, build a major strategic platform that keeps its foothold in the Bay Area and is oriented to Hong Kong and Macao with a global vision, and help Guangdong build a strategic fulcrum for a new development pattern.

The CIEF 2022 has set up the Nansha District Achievements Exhibition Area, an online platform for the CIEF, to introduce Nansha District policy on science and technology innovation, industrial policies as well as technological achievements, promote the gathering of national technological innovation resources in Nansha, and promote the establishment of a routine liaison mechanism for collaborative technological innovation with Hong Kong and Macao.

In a speech delivered at the National Science and Technology Innovation Conference, the Conference of the Academicians of Chinese Academy of Sciences and Chinese Academy of Engineering and the Ninth National Congress of China Association for Science and Technology, General Secretary Xi Jinping stressed that "technological innovation and scientific popularization are important for pursuing innovative development. Equal importance should be attached to science popularization and technological innovation."

Without a general improvement in scientific literacy, it will be difficult to cultivate innovation personnel of a higher caliber and rapidly commercialize scientific and technological achievements. The CIEF 2022 set up an exhibition area for popular science products and technologies for the first time in order to aid the commercialization of scientific and technological achievements.

At exhibition area, nearly 200 exhibitors showcase a wide range of popular science projects. A "close" contact with popular science resources and knowledge can stimulate the general public's interest and enthusiasm in science and technology, and then help them develop scientific quality and embrace scientific thinking.

The CIEF 2022 is committed to the domestic commercialization of scientific and technological achievements, and also works to expose more people to science and technology, so as to lay the foundation for innovative development, and maintain the country's innovation capacity.

Aon plc (NYSE: AON), a leading global professional services firm, has announced the results of its 2021 Global Risk Management Survey for South Korea. The study gathers input from thousands of risk managers globally every two years to identify key risks and challenges their organisations are facing. The past two years have proved to be incredibly volatile, with the global COVID-19 pandemic having a ripple effect across other types of risk, such as heightened awareness of reputation and cyber, as long-tail risks have become increasingly important to manage.

The 2021 edition surveyed more than 2,300 respondents in 60 countries/territories across 16 industries at both public and private companies. With more emphasis and reliance on technology, cyber risk topped the list as the number one current and predicted future risk globally, its highest rank since the inception of the survey. In South Korea, Business Interruption and Economic Slowdown topped the list in 2021, while Property Damage and Environmental, Social and Governance risks were cited as two of the projected top five risks for 2024.

The top 10 risks in South Korea strongly reflect the current landscape, namely COVID-19 and its impact on organisations amidst a backdrop of challenging market conditions: supply disruptions, delayed infrastructure projects and workforce shortages. This is testing the ability of firms to manage volatility and make better decisions. Organisations are shifting their focus from event-based to impact-based risk assessments: for example, business interruption was once seen as a linear risk, but COVID-19 and geopolitical risks have demonstrated how it can affect multiple industries and companies simultaneously and globally.

"As we see increasing volatility in South Korea, the importance of decision making has never been greater," said Kevin Kim, CEO, South Korea at Aon. "The COVID-19 pandemic has exacerbated supply risks, inflation and economic slowdown, revealing new risks and re-ordering priorities for organisations. Leaders must manage these immediate risks without compromising firms' ability to invest in managing the risks of tomorrow."

The top 10 risks for South Korea according to the 2021 Global Risk Management Survey are:

1. Business Interruption. 2. Economic Slowdown/Slow Recovery. 3. Corporate Social Responsibility (Environmental, Social and Governance) . 4. Pandemic Risk/Health Crises. 5. Increasing Competition. 6. Supply Chain or Distribution Failure. 7. Accelerated Rates of Change in Market Factors. 8. Regulatory/Legislative Changes. 9. Property Damage. 10. Environmental Risk

Conducted every two years since 2007, Aon's Global Risk Management Survey provides data and insights to enable better decision making around risk in an increasingly volatile and complex business environment.

The report highlights the top 10 risks by industry and region, as well as risk readiness, associated losses and mitigation actions for each of the top 10 risks. In addition, the report includes the predicted top 10 risks in the next three years and Aon's analysis of underrated risks.

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.

Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announced its First half 2022 business results. Additionally, a change in directors in charge was published this July 2022.

Accordingly, in the first half of 2022: SeABank's total assets reached US$ 9.82 billion; Pre-tax profit reached nearly US$ 20 million; Total Operating Income (TOI) reached US$ 215 million; Non-interest income (NoII) recorded a growth of US$ 74.2 million. Notably, cost-to-income ratio (CIR) dropped to 30.3% compared to 38.3% as of 2021's first half; NPL ratio decreased to 1.6%.

Additionally, SeABank issued 211.4 million shares for dividend payment and 109.7 million shares to increase share capital from stakeholders' equity. By these two issuances, SeABank's charter capital increased to US$ 847 billion.

Continuing its strategy of moving forward and growth of adding more key professionals, on July 8th, 2022, SeABank's Board of Directors passed a resolution about Ms. Le Thu Thuy's continuing to support the bank by moving up from CEO to the role of Vice Chairwoman of the Board. Simultaneously, Mr. Faussier Loic Michel Marc, SeABank's current Senior Deputy CEO with 25 years of professional and managerial experiences in international organizations and banks of France, Hong Kong and Japan, was appointed as the Deputy CEO in charge while submitting to the State Bank for official appointment as CEO. This is a strategic step to prepare for the incoming speed-up in SeABank's implementation of 5-year plan.

During the past 5-year term, Ms. Le Thu Thuy has successfully transformed SeABank into the modern retail banking model, developed strategic cooperation with leading domestic enterprises and international financial institutions. Some achievements to be noted: Moody's long-term credit rating of B1 for 4 consecutive years (2019-2022) with Positive outlook; Completing Basel II's 3 pillars before deadline; One of the leading banks to implement and apply Basel III; Receiving credit packages and investments from world-class financial organizations like IFC and DFC, etc.

Moreover, under Ms. Le Thu Thuy's leadership, SeABank's charter capital has increased by US$ 518.3 million, total assets increased by US$ 3 billion, network extended to 180 branches and transaction offices across 29 regions. SeABank's corporate culture also becomes impressive, particularly for attractive service-length-based benefits, performance-based bonus, welfare policies for employees and active Corporate Social Responsibility activities like One Day One Smile, Dream Nurturing, etc.