Online travel and transport sectors were hit the hardest as the pandemic ground international travel to a halt while many people began to work from home or became concerned about sharing transport. Still, the report predicted online travel to rebound to 60 billion USD by 2025. … [Read more...] about Vietnam’s digital economy to reach US$14 billion this year
Growing economies
‘Say No’ to rhino horn consumption in Việt Nam
Rhino horn is valued in countries like China and Việt Nam for medicinal benefits even though there is no scientific evidence to back these claims. Horns can be sold for high prices on the black market. However, there are indications that the price has fallen recently in Viet Nam, due in part to a rhino horn demand-reduction campaign launched in 2013 by HSI and the Vietnamese government. This multi-faceted campaign has reached an estimated 37 million people – approximately one third of the population. … [Read more...] about ‘Say No’ to rhino horn consumption in Việt Nam
Son La ships 30 tons of fresh mangoes to US
The fruits are selected in orchards in Mai Son district. According to the exporter, the Kim Nhung Produce Trading Limited Company, mangoes grown at Mai Son are of high quality, boast a nice appearance, and are of a standard weight and size suitable for the US market. … [Read more...] about Son La ships 30 tons of fresh mangoes to US
Czech newspaper: Vietnam – bright spot in COVID-19 combat, economic growth
Prague (VNA) – Halonoviny.cz, an e-newspaper of the Czech Republic, has recently run an article highlighting Vietnam’s outstanding achievements over the past years, particularly in the fight against COVID-19 and economic growth. The article said as one of the ASEAN member nations, Vietnam is developing rapidly and boasts an improved position in the international area. In recent years, the country has gained impressive successes in economic development, external affairs and the pandemic combat, according to the article. Vietnam has become a bright spot in the pandemic battle, the article said, noting COVID-19 infections and fatalities in the country have remained very low given a population of nearly 100 million. … [Read more...] about Czech newspaper: Vietnam – bright spot in COVID-19 combat, economic growth
Promoting consumer finance to fight black credit: experts
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
