Online Friday 2024 successful with impressive figures

Over 900 livestreamed sessions, 1.8 billion views on TikTok shops using the hashtags #OnlineFriday and #TuHaoHangViet, nearly 4,750 response videos, and over 30 departments of industry and trade are just a few of the remarkable statistics showcasing the success of Vietnam's National E-commerce Week and Online Friday 2024 from November 25 to December 1.

(Photo: Ministry of Industry and Trade)
(Photo: Ministry of Industry and Trade)

Hanoi (VNA) – Over 900 livestreamed sessions, 1.8 billion views on TikTok shops using the hashtags #OnlineFriday and #TuHaoHangViet, nearly 4,750 response videos, and over 30 departments of industry and trade are just a few of the remarkable statistics showcasing the success of Vietnam's National E-commerce Week and Online Friday 2024 from November 25 to December 1.

The Online Friday 2024, held under the theme "Proud of Vietnamese goods standing side by side with global brands" by the Vietnamese Ministry of Industry and Trade’s Vietnam E-commerce and Digital Economy Agency, drew logistics companies, digital infrastructure solution providers, influential content creators and e-commerce platforms.

One of the standout moments came from a livestream session on Quang Linh Vlog on the evening of November 28, which garnered more than 24 million views and generated an impressive 31,179 orders through the TikTok Shop platform, showcasing the immense potential of digital commerce in Vietnam.

Across the country, various cities and provinces hosted events highlighting different aspects of digital transformation.

In Hai Phong, the Online Friday 2024 at Aeon Mall Le Chan on November 28 focused on digital transformation and cashless payment.

Meanwhile in Ho Chi Minh City, a livestream festival from November 29 - December 1 created an entertainment space that connected culture with the farmer community.

A highlight of the week was the Mega Live Festival in the central province of Thua Thien-Hue on November 30. An unprecedented livestream event, co-organised by FoodMap, TikTok Shop, the provincial Department of Agriculture and Rural Development and Young Entrepreneurs’ Association, showcased over 50 Vietnamese brands and more than 100 quality agricultural products and specialties from across the nation's 63 localities. With over 2.2 million views, it not only honoured national cultural values but also One Commune, One Product (OCOP) items.

In Hanoi, a voucher festival and a digital product exhibition drew large crowds, while localities such as Thai Nguyen, An Giang, Da Nang, and Binh Duong held their own events to empower local businesses through livestreams and online platforms./.

VNA

See more

The Vietnamese section of the Monsoon – Thanh My 500kV transmission line project (Photo: VNA)

500kV transmission line from Laos energised

The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.​

The entrance gate to Hanoi’s Ciputra Urban Area, where banks are selling apartments and villas. (Photo: cafef.vn)

Banks selling mortgaged assets to recover bad debts

The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment periods and maintain the debt group for certain sectors expired at the end of 2024.

Vietnamese Ambassador to Argentina Bui Van Nghi (th fourth from the fright) in the meeting with Governor of Brazil's Espirito Santo state Renato Casagrande. (Photo: VNA)

Vietnam seeks to set up cooperation with Brazilian locality

In his meeting with Governor of Brazil's Espirito Santo Renato Casagrande, Ambassador to Argentina Bui Van Nghi Bui Van Nghi valued the potential for cooperation between the two sides, particularly in priority areas such as tourism, information technology, hi-tech agriculture, and seaport.

Remittances to Vietnam in 2024 are estimated at about 16 billion USD, maintaining the record-high levels seen in 2023. (Photo: VNA)

Remittances surge as Tet approaches

According to the State Bank of Vietnam’s Ho Chi Minh City branch, 9.6 billion USD, or 60% of the total remittances, flew through financial institutions, representing a 140 million USD increase from the previous year.

Bank lending in HCM City achieves high growth last year. (Photo courtesy of ABBANK)

Banks' credit up 11.3% in HCM City in 2024

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year. (Photo: https://doanhnhansaigon.vn)

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.

Illustrative photo (Photo: VNA)

Retail petrol prices down in latest adjustment

The price of E5RON92 bio-fuel was priced at 20,592 VND (0.82 USD) per litre, representing a 158 VND decrease from the previous baseline, while RON95-III decreased to 21,142 VND per litre, down 78 VND.