Illustrative photo. More than half of the Central Banks named in the survey are in the development or pilot stage, and about two-thirds of these Central Banks say they would issue a retail CBDC in the short or medium term. Many Central Banks are now developing CBDC ecosystems with the coordination of the private sector and existing payment methods. Central Banks want CBDC Basically, there are two CBDC models, including one tier where the Central Bank not only operates the interbank CBDC system but also provides direct CBDC wallet and account services to the public. At two tier, the Central Bank and private sector intermediaries work together, with 70% of the Central Bank developing the two-tier model because this model ensures the effectiveness of providing services such as customer access, identification process, anti-money laundering, anti-terrorist financing (AML/CFT), and handling retail payments to the private sector. The motivation for CBDC development is also … [Read more...] about Implications of Central Bank Digital Currency in Vietnam
Vaccine research topics
Hanoi among Top 10 cities in Southeast Asia
Three major cities of Vietnam are distinguished with the annual prestigious awards of Travel & Leisure. The United States-based magazine Travel & Leisure has recently unveiled its 2022 Asia’s Best Awards with suggestions about the best travel destinations around the world. Accordingly, Hanoi, Danang, and Ho Chi Minh City are among the Top Ten “Best Cities in Southeast Asia” Hanoi- the thousand-year-old charming city President Ho Chi Minh Mausoleum in Hanoi. Photo: Cao Anh Tuan Ranked fifth on the list of Travel & Leisure , the charming capital city of Vietnam- Hanoi is a must-see travel destination for foreign travelers to the country. The fact is that the city is very peaceful and very welcoming to foreigners. It has a low crime rate, great tropical weather, and is easy to balance work life and fun, according to Bill Noland, an Aussie digital nomad in Hanoi. “It takes me around VND10 million or $428 for a convenient accommodation … [Read more...] about Hanoi among Top 10 cities in Southeast Asia
Prudential Vietnam launches new AI-powered mental wellness tools
According to a scientific brief released by the World Health Organization (WHO) in March, the global prevalence of anxiety and depression significantly increased by 25 per cent in the first year of the pandemic. In pre-pandemic Vietnam, according to the statistics published by the Institute of Mental Health under the Hanoi-based Bach Mai Hospital, 30 per cent of the population was diagnosed with various mental health issues, while 25 per cent was related to depression and 15 per cent were caused by stress disorders. Despite close to one in three people being aware of their conditions, only a few sought medical attention. From the above statistics, the mental health of a large population has been heavily affected by the pandemic. Tran Thanh Phong, CMO at Prudential Vietnam said, “ We cannot talk about holistic wellness without considering mental health. The pandemic has clearly taken a toll on people’s mental health over the past two years, with uncertainties and anxiety … [Read more...] about Prudential Vietnam launches new AI-powered mental wellness tools
Vietnam repors 685 more Covid-19 infections on Monday
An additional 685 new Covid-19 infections were confirmed on Monday, raising the national tally to over 10.74 million, according to the Ministry of Health. Illustrative photo According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 41 out of 63 localities in the country. As of Monday evening, the number of Covid-19 patients in Vietnam has increased to over 10.74 million. On July 4, an additional 6,179 more patients recovered from the disease, raising the number of recoveries in the country to over 9.71 million. On Monday evening, one death related to Covid-19 was recorded, raising the total fatalities to 43,088, accounting for 0.4 per cent of total infections. By July 4, the country had injected more than 233 million doses of Covid-19 vaccines, including over 8.33 million given to children aged 5 to 11. … [Read more...] about Vietnam repors 685 more Covid-19 infections on Monday
What’s on July 4-10/2022
MUSIC & PERFORMANCES HCM City- Performance by Vietnamese-French violinist Jul 9, HCM City Opera House, Vietnamese-French violinist Stephane Tran Ngoc will be the featured soloist in the “A Night of Italian Spirit” concert. REC TOUR 2022 June – July 2022 From the organizer: AboutREC VietNam: REC Viet Nam grows from REC Room – A music management and event production team based in Hanoi. REC ROOM was formed in 2014 as a DIY audio recording studio, but has since developed into a community-driven music production team, with particular focus on; live music events, contemporary musical subcultures, management, tour production, and audio/video production for artists based in Vietnam. ____________________________________________________ EXHIBITION HCM City- Photo exhibition highlights beauty of Spratly Archipelago Until Jul 18, 122 Suong Nguyet Anh Street, District 1 The … [Read more...] about What’s on July 4-10/2022
☀ Morning digest on July 4
Hanoi, (VNA) - The following is a list of selected news summaries over the weekend by the Vietnam News Agency. – Prime Minister Pham Minh Chinh has ordered faster administration of the third and fourth doses of COVID-19 vaccine as part of measures against the unpredictable pandemic situation, especially when the sub-variant BA.5 has appeared in Vietnam and raised the risk of a new wave of coronavirus infections. According to the Government Office, to enhance pandemic control and create favourable conditions for socio-economic recovery and development, the Government leader has assigned Deputy PM Vu Duc Dam to continue directing the Ministry of Health, other ministries and sectors, and 63 provincial-level localities to drastically carry out anti-pandemic measures, especially accelerating COVID-19 vaccination. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue's visits to Hungary and the UK from June 26-30 concluded successfully, thus greatly promoting the … [Read more...] about ☀ Morning digest on July 4