Sectors of the nigerian economy

Digital financial services are also gaining momentum as more small-and-medium-sized businesses have become receptive to accepting online payments. Digital payments are set to grow from 600 billion USD in 2019 to 620 billion USD in 2020 and could reach 1.2 trillion USD by 2025. … [Read more...] about Vietnam’s digital economy to reach US$14 billion this year

Resulsts were mixed in the public banking sector, with CTG of VietinBank adding 1.6 percent, VCB of Vietcombank keeping its opening price, BID of BIDV topping losses with 2.7 percent, and MBB of mid-sized Military Bank shedding 0.8 percent. … [Read more...] about VN-Index enters third straight gaining session

The UNDP, in partnership with the MPI, is working with the Ministry of Agriculture and Rural Development to accelerate technical and financial solutions for green agriculture supply chains, with a focus on shrimp and dragon fruit. We are also cooperating with the Agency for Enterprise Development of the MPI to develop a programme for supporting private enterprises to use sustainable business models and cleaner production technologies. … [Read more...] about Caution urged for SME fund processes

The CPV’s policies have helped the country gain prestige in the region and the world while improving local livelihoods, he said, emphasizing that Vietnamese expatriates keep a close watch on political and socio-economic achievements in their homeland. … [Read more...] about Vietnamese expats in Germany have high expectations for Party Congress

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