Tet greetings

The National Payment Corporation of Vietnam (NAPAS) offers free or discounts on service fee for credit organizations from February 25, 2020. Accordingly, it provides free switching service for online public service transactions made on official websites or portals of ministries, local authorities, and industries until the end of this year; a 72-percent discount on switching service for 24/7 interbank transfers of VND500,000 (US$21.5) and below, from VND1,800 ($0.08) to VND500 ($0.02) per transaction from February 25, 2020. … [Read more...] about E-payment strongly encouraged in Vietnam

Due to the Covid -19 epidemic, many localities across Vietnam have allowed students an initial one-week break from February 3, though the plan remains open to extension. Until February 15, seven localities have given students one more week off until February 23 while 56 provinces extended the break to the end of February. … [Read more...] about Teachers bear brunt of prolonged school break

With the coronavirus sweeping through China and its neighbouring countries like Vietnam, it is not only the spread of the dangerous virus that worries many people, but how it threatens economic growth prospects. In the 2002-2003 period, the widespread severe acute respiratory syndrome that originated in China killed some 800 people. Known as SARS, it decelerated the Chinese economy, slashing its annual growth rate to just over 9 per cent in the second quarter of 2003, from 11 per cent from the previous one, before eventually ending in June that year. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 21