HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts
Gps dispatching systems
VinFast introduces self-driving car models
VinFast, a unit of Vietnam’s biggest private conglomerate Vingroup, entered the auto industry three years ago. It has an auto plant in the northern province of Hai Phong and research and development centers in Australia, Germany and the U.S. … [Read more...] about VinFast introduces self-driving car models
Ho Chi Minh City ready for another test round of electric buses
Long charging time for the buses’ batteries, which ranges between six and eight hours per cycle, as well as the lack of mobile charging stations, and difficult maintenance due to costly spare parts also proved major issues for the operation of the electric bus system. … [Read more...] about Ho Chi Minh City ready for another test round of electric buses
Universities offer free online courses for everyone
HCM City (VNS/VNA) - Many universities in Vietnam are developing free massive open online courses (MOOCs) in an aim to contribute to a learning society available to everyone in the community. Ho Chi Minh City Open University, for instance, last weekend launched Vietnam’s massive open online courses platform, called VMOOC, with more than 40 free courses in fields such as business administration, finance-banking, law, foreign languages and others. The university is co-operating with Hanoi Open University to develop further VMOOCs. Dr Phan Thi Ngoc Thanh, director of the ELearning Center at the HCM City Open University, said that courses last for four to six weeks and are open to anyone. Course participants only need a computer with an internet connection, or a smartphone or other mobile devices, to take part in these courses anywhere and at any time. Integrated lessons between theory and practice are offered. The courses … [Read more...] about Universities offer free online courses for everyone
Hanoi authorities propose VND65trn for Metro Line 5
There will be 21 stations with six underground and one elevated station. There is an 18-ha depot in Son Dong Commune and a 7ha depot in Yen Binh Commune. Hanoi authorities expect to have 25-40 trains that have four to six carriages each. It can run at the speed of 120km/h on the ground and 90km/h underground. … [Read more...] about Hanoi authorities propose VND65trn for Metro Line 5