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Mobile banking has seen a growth rate of 200% and 30 million daily users, said the State Bank of Vietnam (SBV). There are also 70 credit unions nationwide, not to mention countless intermediaries that provide transaction and payment services online and via smart phones. … [Read more...] about Coronavirus, Industry 4.0 boost online banking

This year's parade is special for Mr Putin because in a week's time Russia will hold a nationwide vote on constitutional amendments that are expected to pave the way for him to stay in power beyond 2024, when his current term expires. … [Read more...] about Russia holds World War Two victory parade in coronavirus shadow

The United Nations will not take action. The Secretary General will circulate the US Note Verbale to all members of the General Assembly, including members of the Security Council, and post it on the UN’s website. The US challenge to China will be one in a continuing series of verbal exchanges as the two major powers continue their rivalry for influence. ASEAN and regional states, like Vietnam, will come under pressure to take sides. Since the balance of power in the post-Covid-19 world is uncertain it is likely that Southeast Asian states will remain aloof and support ASEAN centrality and Southeast Asian autonomy from the major powers. Hanoitimes … [Read more...] about US challenges China to win over littoral states bullied by China: Carl Thayer

“It is the best chance for Vietnamese football to make the World Cup dream come true. I believe that the leaders will have suitable plans from now to create more training programmes and tournaments for the team to play and gain experience, all looking ahead to the Women’s World Cup in Australia and New Zealand in 2023,” she concluded. … [Read more...] about AFC mark Vietnam as rising power in women’s football

Bangkok (VNA) - Thai Prime Minister Prayut Chan-o-cha said on July 9 that he will reshuffle his cabinet, after three ministers resigned from the ruling Palang Pracharat Party (PPRP). He told media that he will discuss a cabinet reshuffle plan with parties in the ruling coalition, while stressing the necessity for reshuffling. Those who already work well will carry on, he said. The Thai prime minister did not rule out whether a cabinet reshuffle would take place in September. The timing will depend on the political process which he will be in discussions with parties in the government coalition, he added. Earlier the same day, Finance Minister Uttama Savanayana, Energy Minister Sontirat Sontijirawong and Higher Education, Science, Research and Innovation Minister Suvit Maesincee said they left the PPRP, the main party in the government coalition. Kobsak Pootrakul, deputy secretary-general of the prime minister, also resigned the same day./. … [Read more...] about Thai PM confirms to reshuffle cabinet