Vietnamese banks handle 898.4 billion USD through e-payments Business

Vietnamese banks handle 898.4 billion USD through e-payments

Vietnam's interbank e-payment system handled 37 million transactions worth nearly 21 quadrillion VND (898.4 billion USD) in the first quarter of the year, up 23 percent and 17.8 percent respectively compared to 2018, according to the State Bank of Vietnam (SBV).
Narrowing digital divide: a focus of Vietnam Business

Narrowing digital divide: a focus of Vietnam

The Ministry of Industry and Trade plans to enhance the application of e-commerce with the aim of narrowing the digital divide, an official said at the Vietnam Online Business Forum 2019 held in Hanoi on March 26.
Vietnam accelerates non-cash payment Business

Vietnam accelerates non-cash payment

Non-cash payments bring enormous benefits for individuals, banks and others, helping increase transparency while reducing social expenses relating to using cash.
APEC workshop seeks to harness digital trade for SMEs Business

APEC workshop seeks to harness digital trade for SMEs

The APEC workshop on harnessing digital trade for small and medium-sized enterprises (SMEs) is underway in Hanoi, aiming to realise one of Vietnam’s initiatives during APEC Year 2017 on facilitating trans-border e-commerce.
Trade ministry to inspect major firms Business

Trade ministry to inspect major firms

The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing.
​Online Friday kicks off with 5,000 promotional products Business

​Online Friday kicks off with 5,000 promotional products

Online Friday 2018 officially kicked off on December 7, with 5,000 products at promotional prices of 0 VND or with prices reduced by 80 to 90 percent, according to event organiser the Vietnam E-commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade.