Dang Tuyet Dung, country manager for Visa Vietnam and Laos Why did you choose university students as the target audience of your financial literacy education programme? Visa believes the most important financial tool is not a product – it is knowledge. That is why Visa has been developing financial literacy programmes that teach individuals, especially university students. The first reason is that we consider students as the ambassadors of change, and a key factor that will make a lasting impact on the programme’s development in Vietnam. These are the people that will shape the country over the coming years, and as such, it is vital that they learn these skills. Second, the growth of electronic payments is exciting because it benefits everyone by giving them access to faster, more convenient, and more secure ways to pay. Especially, there is huge enthusiasm amongst the Vietnamese youth about technology, and many are shopping online regularly. We expect that, by the time … [Read more...] about Visa kits out students with financial finesse
Goal of financial management
VISA prepares smart financial management for Vietnamese students
The Hanoitimes - Preparing financial management skills for students is part of efforts to contribute to Vietnam’s increasingly diverse commerce scenarios. Vietnam among fastest growing markets for Visa globally VISA to help Vietnamese people access financial solutions Visa Inc. (VISA) has pursued a program that provides smart financial management skills to students across Vietnam over the past eight years. VISA's program prepares smart financial management skills for Vietnamese students. Photo: Ogilvy In cooperation with the Central Committee of Vietnam Students’ Association (CCVSA), VISA launched earlier this week the 2019 “Practical Money Skills” program which focuses on the key subjects – students and other beneficiaries in a broader scope. With this year’s program under the theme “Cháy túi” (literally, “wallet on fire”, similar to the English phrase “money burns a hole in … [Read more...] about VISA prepares smart financial management for Vietnamese students
Green tourism – important goal of “smoke-free industry”
The Hanoitimes - The Green Tourism forum was part of the 2019 Vietnam International Travel Mart – Hanoi, which takes place in Hanoi from March 27 to 30. Vietnam among world’s friendliest countries Vietnam among world’s cheapest places to live in 2019 Developing green tourism and green growth is an opportunity, a challenge and an important goal of sustainable development of the tourism industry, said Chairman of the Science and Training Committee under the Vietnam Tourism Association Nguyen Van Dinh at the Green Tourism forum on March 27. Green tourism - important goal of “smoke-free industry”. The forum was part of the 2019 Vietnam International Travel Mart – Hanoi, which takes place in Hanoi from March 27 to 30. Speaking at the forum, Deputy Minister of Culture, Sports and Tourism Le Quang Tung affirmed that in recent years, the tourism sector has executed policies, strategies and plans towards developing tourism with … [Read more...] about Green tourism – important goal of “smoke-free industry”
Overseas financiers outline obstacles
Foreign investors have expressed concerns on the shortcomings of FOL and NVDR in Vietnam Photo: Le Toan Over a dozen investment funds, representing the Asian TraderForum (ATF) and those based locally such as Dragon Capital or VinaCapital, visited Hanoi earlier this month to join in ‘The Hanoi Dialogue’, an event co-hosted by the State Securities Commission (SSC) and Maybank Kim Eng Securities (MBKE). They had an opportunity to express their concerns to the SSC on the shortcomings of the foreign ownership limit (FOL) and the necessity of non-voting depository receipts (NVDR) for the sake of further development of the Vietnamese stock market to nest their investments. The FOL, despite being raised to 100 per cent through Decree No.60/2015/ND-CP, still prevents foreign investors from pouring funds into the conditional sectors. The NVDR, though being brought up by the Ho Chi Minh City Stock Exchange (HSX) to the discussion table back in 2016, was then dropped as it was … [Read more...] about Overseas financiers outline obstacles
NA talks key tasks for next stage of economic growth
There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyen Chi Dung.– VNA/VNS Photo There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyen Chi Dung. Minister Dung told the National Assembly on Monday afternoon that the Government needed to improve the mechanisms of the market-oriented economy to restructure the economy. Private companies and people must be empowered and given more incentives and reductions in taxes and administrative procedures to nurture their business development, he said. Secondly, a competitive market must be built on two main pillars: better allocation of resources for the private sector and better practice of property rights, Dung said. In addition, the Government has to improve the quality of land right regulations and try to figure out how to improve … [Read more...] about NA talks key tasks for next stage of economic growth