The top 100 products and services in 2018 selected by consumers are honoured in HCM City on November 29 (Photo: VNA) HCM City (VNA) – The top 100 products and services in 2018 selected by consumers were announced at a ceremony in Ho Chi Minh City on November 29. The selection programme, Tin & Dung (Trust & Consume) Vietnam 2018, was organised by the Thoi bao Kinh te Viet Nam (Vietnam Economic Times). Firms with products and services that made the shortlist include Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), HD Bank, Orient Commercial Joint Stock Bank (OCB), Maybank Kim Eng Securities, FPT, Vietjet, Saigon Alcohol Beer and Beverages Corp. (Sabeco), Hanoi Beer Alcohol and Beverage Joint Stock Corp. (Habeco), Nha Be Garment Corporation, The Reverie Saigon Hotel, and Khanh Hoa Salangane Nest Company. Launched in January this year, the programme received 21,000 paper and 61,000 online votes, recommending more than … [Read more...] about Top 100 products, services chosen by consumers awarded
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Saigon Times Group launches online news site in English
Saigon Times Group launches online news site in EnglishThe Saigon Times Daily Pham Huu Chuong, deputy editor-in-chief of The Saigon Times Group, makes welcoming remarks at the ceremony - PHOTOS: THANH HOA HCMC – The Saigon Times Group today, November 2, introduced the online version of its English daily newspaper at https://english.thesaigontimes.vn on the occasion of the 23rd anniversary of The Saigon Times Daily and the 27th anniversary of The Saigon Times Weekly. Pham Huu Chuong, deputy editor-in-chief of the group, said digital technologies have altered the way people get news. Therefore, the group has developed the online news website in English to instantly inform readers, especially foreign ones, of what is happening in HCMC and Vietnam as a whole. "Digital technologies have fundamentally changed the media landscape in our society. And the new media landscape has altered how people consume news, as mobile devices have become one of the most common ways to access … [Read more...] about Saigon Times Group launches online news site in English
Wrong side of the right way
Wrong side of the right wayBy Son Nguyen Criticisms and skepticisms are overwhelming following a decision by Can Tho City’s government this week to slap a heavy fine on a resident for exchanging a US$100 bill at an unauthorized money changer although all related sides agree that the punishment is in strict compliance with prevailing regulations. Calls for amendments to the rule are surfacing like ripple effects across the society, as people from all walks of life are of a consensus that legal provisions contained therein are unenforceable. Simply put, it is wrong. The news broke when it was learned this Tuesday that Can Tho City had issued a decision imposing a fine as much as VND90 million, or roughly US$4,000, on a local resident identified as Nguyen Ca Re for selling the U.S. banknote at Nhan Dat Jewelry Thao Luc Shop in Ninh Kieu District. The gold trader itself was also imposed a fine of VND180 million for the illegal act, plus nearly VND90 million on other business … [Read more...] about Wrong side of the right way
Vietnamese banks boost IT use
Viet Nam has big potential in applying 4.0 technology to develop retail banks and payment utilities.– Photo vietnambiz Viet Nam has big potential in applying 4.0 technology to develop retail banks and payment utilities. The Industry 4.0 trend involves a wave of digitalisation, changing the business models and activities of many banks. Nguyen Dinh Tung, general director of Orient Commercial Bank (OCB), said the participation of digital banks would be helpful for domestic and international enterprises when doing business and investing in Viet Nam. Banking transactions could become quick and easy and could be done anywhere without needing to visit traditional branches, Tung told Thoi bao Kinh te Viet Nam (Viet Nam Economic Times). Investment in digital technology by Vietnamese banks would be a revolution for all customers, he added. The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) was recently awarded SWIFT’s Global Payment Innovation Initiative … [Read more...] about Vietnamese banks boost IT use
VNA’s Tin Tuc newspaper marks 35th anniversary of first edition
VNA General Director Nguyen Duc Loi (first from right) presents the flag of emulation to Tin Tuc newspaper (Source: VNA) Hanoi (VNA) – Vietnam News Agency (VNA)’s Tin Tuc (News) newspaper held a ceremony in Hanoi on May 14 marking the 35th anniversary of its first edition (May 14, 1983). Attending the event were head of the Party Central Committee’s Commission for Information and Education Vo Van Thuong and permanent Vice Chairman of the Vietnamese Journalists’ Association Ho Quang Loi. Party General Secretary Nguyen Phu Trong, President Tran Dai Quang, Prime Minister Nguyen Xuan Phuc sent baskets of flowers on the occasion. Speaking at the event, VNA General Director Nguyen Duc Loi said Tin Tuc, previously known as Tuan Tin Tuc (News weekly), issued the first edition on May 14, 1983, marking a new period of development and contributing to the cause of the country’s press renovation then. Over the past 35 years, Tin Tuc staff have kept … [Read more...] about VNA’s Tin Tuc newspaper marks 35th anniversary of first edition