Saturday, October 20, 2018 - 8:05:03

e payment

Informal workers wary of opt-in social insurance

Society

Informal workers wary of opt-in social insurance

Farmers and workers in the informal sector are often reluctant to buy voluntary social insurance because they do not understand its benefits and lack knowledge about the programme, according to the Vietnam Social Security.

Firms aim to boost official farm exports to China

Business

Firms aim to boost official farm exports to China

Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher value and avoid risks from unofficial cross-border trade, but face a number of difficulties in seeking to bring their trade above-board.

Vinfast signs 950 million USD agreement for machinery

Business

Vinfast signs 950 million USD agreement for machinery

VinFast Trading and Production Limited Liability Company (VinFast) has entered into a 950 million USD financing agreement guaranteed by Euler Hermes and the German Export Credit Agency (ECA) to support the country’s first automotive and motorcycle manufacturing complex, Vinfast announced in its press release.

Deputy PM: Vietnam supports cashless payments

Politics

Deputy PM: Vietnam supports cashless payments

The Vietnamese Government will continue to support and solidify legal regulations on cashless payment systems, Deputy Prime Minister Vuong Dinh Hue told Anthony Tan, CEO and co-founder of Grab – a ride-hailing platform in Southeast Asia which has been popular in Vietnam over the past five years.

Cashless payment needs a boost in rural areas

Business

Cashless payment needs a boost in rural areas

Vietnam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.

Foreign investors eye Vietnam’s e-wallet market

Business

Foreign investors eye Vietnam’s e-wallet market

Foreign investors have poured into Vietnam’s e-wallet sector as they see huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 percent of the total payment transaction by 2020.