A recent survey by Standard Chartered has revealed that nearly 80 percent of respondents in Singapore expect the country to go fully cashless in the next decade.
The Ministry of Finance (MoF) has proposed to temporarily halt the import of bitcoin mining machines to improve the management of bitcoin and cryptocurrency transactions.
Experts voiced real concern over safety and legal status of e-money since Bitcoin, a form of cryptography-based e-money, is believed to potentially cause risks for users due to its highly volatile value.
A programme to provide primary pupils with basic money management skills was launched by Prudential Vietnam and the Hanoi Department of Education on October 29.
Life skills should be offered as a subject in Vietnam's education
curriculum to encourage a more well-rounded development of students, as
heard at a recent education conference.
Vietnam has abundant human resources in agriculture, but has not
utilised them properly, Nguyen Van Bo, director of the Vietnam Academy
of Agricultural Sciences, told Nong thon Ngay nay (Countryside Today)
newspaper.
Despite significant improvement, credit is unlikely to reach the 12
percent growth target this year. Economists are worried that the slow
growth in 2013 would continue in 2014. For this reason, economic experts
have offered proposals, regarding monetary policy for 2014. Report by
Vietnam Economic News.
Another 82 high schools in Ho Chi Minh City will offer financial
education classes as part of a soft-skills training programme for the
upcoming academic year, according to the city’s Department of Education
and Training.