Hanoi (VNA) – The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit. The seven banks are Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (Viet Capital Bank), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Vietnam Thuong Tin (Vietbank). The cards will be accepted at more than 235,300 points of sale and 14,380 ATMs nationwide. Cardholders can also withdraw cash at ATMs of Napas’ partners in the Republic of Korea and ASEAN countries of Thailand and Malaysia. Cardholders will be given an interest-free period of up to 55 days compared to the typical 45 days. The acceptance points will have to pay fees of about 1.1-1.3 percent of the transaction values, lower than other … [Read more...] about Banks launch domestic credit chip cards
Robotics industry association
VIETNAM NEWS JANUARY 28
The specific target is that by 2025, the number of enterprises implementing technology innovation will increase by an average of 15% per year; and 100% of enterprises producing key products will directly participate in the programme to form research and development organisations. There are 3-5 key product industries that own or create advanced technologies in the value chain to produce products with high added value and competitiveness in the market. … [Read more...] about VIETNAM NEWS JANUARY 28
Midea Expands Partnership with Manchester City & City Football Group
Under manager Pep Guardiola, one of the most highly decorated managers in world football, the Club plays its domestic and UEFA Champions League home fixtures at the Etihad Stadium, a spectacular 55,000 seat arena that City have called home since 2003. Today, the Stadium sits on the wider Etihad Campus, which also encompasses the City Football Academy, a state-of-the-art performance training and youth development facility located in the heart of East Manchester. Featuring a 7,000 capacity Academy Stadium, the City Football Academy is also where Manchester City Women's Football Club and the Elite Development Squad train on a daily basis and play their competitive home games. … [Read more...] about Midea Expands Partnership with Manchester City & City Football Group
Grappling with digital evolution
These strategic moves align with the country’s vision in strengthening its digital economy which is expected to top $43 billion by 2025. Moreover, last year the Government Office launched the National e-Document Exchange Platform, a move towards building a foundation for integration and sharing of national digital data. Vietnam’s provincial governments are also ramping up efforts with new action plans to realise their smart city dreams. While this trend is heartening and signals a stronger and more robust Internet of Things (IoT) and ICT market in Vietnam, it begs the question of whether these cities are ready to embark on projects that require not only crucial infrastructure to be in place but also expertise to see them through from the conception to maintenance. … [Read more...] about Grappling with digital evolution
Historic court case begins in France for Agent Orange victims
He categorised the arguments presented by the lawyers defending the US multinational companies as disgusting, noting they believe their actions followed US Government orders and, hence, they do not bear any responsibility for producing the dangerous herbicides that are still tormenting millions of victims in Việt Nam even though the war ended decades ago. He also pledged support to the struggle for Nga. … [Read more...] about Historic court case begins in France for Agent Orange victims