A conference on promoting trade between Vietnam and China in the field of digital commerce was held in Hangzhou, China’s Zhejiang province, on September 26, as part of the third Global Digital Trade Expo (GDTE 2024).
The People's Committee of Dau Tieng district in the southern province of Binh Duong plans to establish a pilot project that uses cashless payments at traditional markets, grocery stores and other businesses.
A pilot programme held in Thai Nguyen, Vinh Phuc, Binh Dinh and Tay Ninh provinces on making online payments for financial obligations relating to land recorded close to 4,000 successful transactions in more than four months.
Ho Chi Minh City is focusing on developing its infrastructure system serving e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.
The COVID-19 pandemic is significantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.
HCM City is gearing up to develop e-commerce infrastructure and make e-commerce an economic spearhead contributing to its economic growth, the municipal Department of Industry and Trade has said.
Revenues posted by e-commerce platforms for January were up 30 percent year-on-year despite there being fewer promotions than in previous years, figures from the Ministry of Industry and Trade and the platforms reveal.
Thailand has emerged as the second-fastest growth for mobile payments in Southeast Asia behind Vietnam, which is the global leader, according to the Global Consumer Insights Survey 2019.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted pre-tax profit of more than 10.66 trillion VND (458.38 million USD) in 2018, up 31 percent year-on-year and surpassing its target by 6.61 percent.
The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
Prime Minister Nguyen Xuan Phuc this week approved the plan to scrutinise and streamline the legal framework for the management of cryptocurrencies such as bitcoin in Vietnam.
