The number of people having bank accounts has doubled since 2017 to 68 percent, according to the State Bank of Vietnam. It signaled a milestone in achieving a cashless society, and was close to the 70-percent rate in many countries in the neighborhood, Le Anh Dung, vice head of the …
Read More »Saigon Co.op names new chairman
Supermarket chain Saigon Co.op announced the appointment of Vu Anh Khoa as its chairman for the period between 2019 and 2024 Friday. Khoa, 39, joined the company in 2021 as its secretary of party committee. Prior to that, he was the deputy secretary of HCMC’s District 10 party committee. “I …
Read More »Mini Thailand Week held in Quảng Ninh for first time
Visitors shop for Thai footwear at the event. — VNA/VNS Photo Văn Đức QUẢNG NINH — Mini Thailand Week – the first of its kind – is taking place in the northern province of Quảng Ninh, showcasing outstanding Thai products. The four-day event, which runs until Sunday, is being jointly held by the Department of …
Read More »Development of e-contracts in Việt Nam crucial to digital economy
A ceremony was held on the sideline of the conference to announce the development axis of Vietnam e-contracts (www.CeCA.gov.vn). The Axis System will play a key role in supporting the e-Contract Attestation Organisations and providing services and e-Contract Lookup and Validation Portal (xacthuc.CeCa.gov.vn) to third parties.— VNA/VNS Photo Trần Việt …
Read More »Credit growth of banking system expands by over 17 per cent
Deputy governor of the State Bank of Vietnam Đào Minh Tú speaks at the meeting. Photo SBV HÀ NỘI — Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year, deputy governor of the State Bank of Vietnam (SBV) …
Read More »Plenty of road left to run for EVs in Việt Nam
VinFast’s electric vehicle charging station at an apartment. Photo vinfasthaiduong.vn By Ly Ly Cao and Ollie Arci HÀ NỘI — Vietnamese automaker VinFast is continuing its planned expansion into the US with a $2-billion plant in North Carolina and shifting its legal and financial headquarters to Singapore ahead of a potential public …
Read More »FDI lifts Việt Nam up global value chain
Footwear are made at Victory International Co in the southern province of Long An. — VNA/VNS Photo Minh Hưng HÀ NỘI — Việt Nam, like many other East and Southeast Asian countries, is further climbing up the global value chain (GVC) thanks to the positive effect of the utilisation of foreign direct …
Read More »Manufacturers urged to meet new consumption trends
A panel discussion at the seminar discussing new consumption trend post COVID-19 and what businesses need to do in HCM City on June 17. — VNS Photo HCM CITY — The way people buy and consume goods has changed a great deal after the COVID-19 pandemic, and enterprises should understand this …
Read More »Africa a lucrative market for Vietnamese food
A farmer works on a pepper farm in the Central Highland Province of Đắk Lắk. Pepper is among products that enjoy high consumer demand in the African markets. — VNA/VNS Photo Nguyên Dũng HÀ NỘI — African markets have a diverse demand for Vietnamese goods and most nations in the bloc appreciate and trust the quality …
Read More »Vietnam Motor Show to be held in October
Audi is one among brands joining the 2022 Vietnam Motor Show which will take place in October in HCM City. — Photo Courtes Vietnam Motor Show HCM CITY — The 2022 Vietnam Motor Show will take place in October in HCM City. So far 11 auto brands, Audi, Honda, …
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