High yield trading platforms

Lumitel, Viettel Group's mobile operator in Burundi. Viettel is among a number of Vietnamese pioneering companies investing in Africa. (Photo courtesy of Viettel)   Hanoi (VNA) - Bilateral trade between Vietnam and African economies has made significant growth in the past decade, however, there is still room for improvement. Two-way trade jumped 250 percent to 6.6 billion USD in 2018 from 2.52 billion USD in 2010, Deputy Minister of Foreign Affairs Dang Minh Khoi told a seminar on December 6. During that time, Africa became a favourite destination for Vietnamese companies that operate in telecommunications, agriculture and education such as the military-backed telecom group Viettel, he said. The two sides had also made improvements in political, social and diplomatic relations. Those facts prove the potential of bilateral co-operation between Vietnam and African nations is huge, Khoi added. Secretary General of the International Organisation … [Read more...] about Experts call for risk management to boost Vietnam-Africa trade

News Digest (13-12-2008) VN, Mongolia agree to boost trade to US$10m by 2010 HA NOI — Viet Nam and Mongolia have agreed to boost two-way trade from US$3.5 million to $10 million by 2010. Deputy Minister of Agriculture and Rural Development Ho Xuan Hung and Mongolian Minister for Food, Agriculture and Light Industry Tunjin Badoamjunai, agreed on this at the 13th session of the Viet Nam-Mongolia Inter-governmental Commission for Economic and Scientific and Technological Co-operation. At the four-day session, which opened in HCM City on Wednesday, the two sides also discussed measures to foster economic, scientific and technological co-operation for the next two years. They also agreed to create favourable conditions for business, saying that co-operation between the two banking sectors had created a trustworthy and fast payment mechanism. Nation lauds forum to promote democracy held in Indonesia HA NOI – The Vietnamese Government highly appreciated Indonesia’s … [Read more...] about VN, Mongolia agree to boost trade to US$10m by 2010

Visitors check information on products at the fair (Photo: VNA)   Hanoi (VNA) - As many as 76 specialties from the northern mountainous province of Lao Cai are being displayed at the Lao Cai agricultural and OCOP products exhibition which began on December 6 at the Big C Thang Long supermarket in Hanoi. The three-day event is part of efforts made by the province and Big C, Central Group Vietnam, to introduce safe and high-quality products from other regions to the capital city’s citizens, as well as helping promote “One Community One Product” (OCOP) programme and grow local businesses and farmers. On display are 45 OCOP products certified with three to five stars such as Seng Cu rice, Tham Duong glutinous rice, sausages, dried pork, smoked buffalo meat, cabbages, chayote, kohlrabi, mushrooms, Muong Khuong chili sauce, dried bamboo shoots, medicinal herbs, tea, wine, vermicelli and smoke salmon. According to Nguyen Xuan Nhan, Deputy Director of the … [Read more...] about Capital gets to taste Lao Cai province’s local specialties

HDBank has won the awards for Best Cash Management Service and Best Trade Finance Bank in Viet Nam from prestigious financial magazine Asiamoney.— Photo HDBank HDBank has won the awards for Best Cash Management Service and Best Trade Finance Bank in Viet Nam from prestigious financial magazine Asiamoney. Since 2012 the bank has been winning the award, underlining its superiority in cash management and trade finance. In the cash management services category, HDBank won the prizes for Best Cash Service Bank in Viet Nam and Best Bank for Technology in Cash Management. In trade finance, HDBank won the award for Best Trade Finance Service and is the market leader in this sector in Viet Nam. Its cash management activities have been highly rated since it offers a full suite of services meeting corporate customers demands related to management of their cash flows at all levels. In addition to cash management services, HDBank has also designed a variety of trade finance products to … [Read more...] about HDBank wins 2 major awards

MoMo now serves nearly 10 million users on its e-wallet platform The company’s performance has been underpinned by the rapid uptake of mobile payments as the country’s digitally-savvy population embraced the convenience of making cashless transactions on their mobile devices, both online and offline. “Last year was a transformational period for MoMo,” said Pham Thanh Duc, the CEO of MoMo. “The company posted its largest ever transaction volume and number of active users and we have significantly extended our lead as the platform of choice in the Vietnamese digital payments market.” The company has just announced that MoMo now serves nearly 10 million users on its e-wallet platform and is the country’s most downloaded e-wallet app in 2018. The volume of transactions processed on MoMo’s platform has grown by more than three times over the course of the year. The introduction of new innovative payment features, exclusive merchants and … [Read more...] about MoMo announces record-breaking growth in 2018