900 billion in numbers

At the event (Photo: MoMo) HCM City (VNA) - Vietnamese digital payment firm MoMo and American multinational financial services company Western Union on March 20 announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator’s services have become available on a leading super app in Vietnam. Accordingly, it takes MoMo users about one minute to receive international money transfers from relatives in over 200 countries and territories. The recipient only needs to access MoMo and enter the 10-digit Money Transfer Control Number provided by the sender to receive the money immediately from their relatives abroad. With an ecosystem of nearly 50 partner banks, in just a few simple steps through the international money transfer service supported by MoMo, the money will be transferred to the recipient's account. Exclusive insights from Western Union research showed that a staggering … [Read more...] about MoMo, Western Union partner for money transfer in Vietnam

Representatives of Western Union and MoMo speak about their companies’ partnership to pay money transfers through the MoMo app on March 20. — VNS Photo Western Union and MoMo on March 20 announced a tie-up that will enable customers to receive money transfers through the former on the latter’s app. Atish Shrestha, Indochina head of Western Union, said MoMo’s 31 million customers could now get their Western Union money transfers digitally from over 200 countries and territories. Customers could search for ‘Western Union’ on the app and input their money transfer control number to route their transfers to it and then into their bank accounts at any of MoMo’s 50 partner banks, he said. “For the first time in Viet Nam, a money transfer operator’s capabilities will be integrated within a super app, offering even better experiences to customers. "We are excited to collaborate with MoMo, inspiring each other with innovative thinking and concepts for building a cross-border … [Read more...] about Western Union money transfers now available on MoMo app

Attending the event were Major General Le Quang Dao, Deputy Secretary of the Party Committee, Commander of the Vietnam Coast Guard; Comrade Ho Thi Hoang Yen, Standing Deputy Secretary of the Ben Tre Provincial Party Committee; Tran Ngoc Tam, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Ben Tre Province. At the event, Deputy Political Commissar of the Vietnam Coast Guard Command Major General Tran Van Xuan reviewed the coordination in conducting the “Coast guard stand by fishermen” program over the past time. Organized for the first time in March 2017, the program has obtained practical achievements in disseminating the Party’s guidelines and State’s policies to people; supporting fishermen in fishing at sea, contributing to firmly safeguarding national sovereignty over sea and islands; assisting localities in socio-economic and cultural development, poverty reduction, new-style rural area building, and living standard improvement. Over … [Read more...] about Coast guard force and Ben Tre province sign coordination agreement

The pushing and shoving continued even as the family transported Linh’s coffin to his resting place at Hoa Vien Cemetery in Ho Chi Minh City-adjacent Binh Duong province on March 9. "Besides people waiting in line, there were many who jostled to take photos and videos at the funeral," said Hong Phuong, Vu Linh’s granddaughter. Artist Thanh Dien said that the grave of his Linh’s wife, Thanh Kim Hue, another reformed theater legend, which is located nearby his burial spot, was trampled by the, breaking its flower pots. The crowd at the funeral of reformed theater artist Vu Linh on March 9, 2023. Photo by VnExpress/Thanh Tung During the four days of Vu Linh's funeral from March 6-9, many people standing on the sidewalk opposite his house pointed their cameras and phones directly at the funeral for live streaming and commentating. The chaotic atmosphere drowned out the chanting and recitations of Buddhist scriptures inside the house. The behavior affected the … [Read more...] about Mobs clamoring for attention disrupt celebrity funerals

Xi will be the first national leader to shake Putin's hand since the International Criminal Court (ICC) issued an arrest warrant for him on Friday over the deportation of Ukrainian children to Russia since its invasion. Russia is presenting Xi's trip, his first since securing an unprecedented third term this month, as evidence that it has a powerful friend prepared to stand with it against a hostile West that it accuses of trying to isolate and defeat Moscow. "We can feel the geopolitical landscape in the outside world undergoing drastic changes," Putin said in an article in China's People's Daily published on the Kremlin website, adding that he had high hopes for the visit from his "good old friend." For Xi, the visit is a diplomatic tightrope. China has released a 12-point proposal to solve the Ukraine crisis, but at the same time strengthened ties with Moscow. China has repeatedly dismissed Western accusations that it is planning to arm Russia but says it wants a closer … [Read more...] about China’s Xi arrives in Russia to meet Putin over Ukraine war

The index closed 22.04 points lower after losing 2.26 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.21% to VND9.75 trillion ($413.44 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 28 tickers dropped. TPB of private TPBank led the fall with a 5.3% drop, followed by VCB of state-owned lender Vietcombank, down 4.4%. POW of electricity producer Petrovietnam Power Corporation lost 4.1% and SSI of leading brokerage SSI Securities Corporation closed 3.9% lower. PLX of fuel distributor Petrolimex and VPB of private lender VPBank stayed unchanged. Foreign investors were net sellers to the tune of VND346.24 billion, mainly selling HPG of steelmaker Hoa Phat Group and VIC of private conglomerate Vingroup. The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.39% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.54%. … [Read more...] about VN-Index plunges with no blue chip in green

Vietnam has recorded around 13,000 cases of dengue fever so far this year, about 2.3 times higher than the same period in 2022, according to the Ministry of Health. The rising numbers of cases have been recorded in mainly in central and southern localities, the General Department of Preventive Medicine reported. However, Hanoi has also not been spared. The capital’s Center for Disease Control (CDC) has recorded 172 dengue fever cases in 23 of 30 districts, a 20-fold increase from the same period last year. The health ministry said abnormal weather conditions have contributed to the rise in the number of cases. Normally dengue does not hit in such numbers until the rainy season. A surge in cases is expected soon as the country enters the rainy season, it added. On Monday, the ministry asked localities to ramp up environmental cleanup efforts to curb the spread of outbreaks. Medical facilities must ensure enough medicine and equipment to treat patients, it added. Vietnam … [Read more...] about Dengue fever hits before rains this year

The initiative came after Hanoi and HCMC, Vietnam's two biggest cities, were ranked near the bottom in a global ranking of public toilet density of 69 cities by QS Supplies, one of the largest bathroom wholesalers and retailers in the U.K. They have only 0.01 public toilets available per square kilometer, higher only than the Egyptian capital Cairo, which has 0.002. Paris topped the ranking, with the French capital having seven per square kilometer, followed by Sydney (3.64) in Australia and Zurich (2.9) in Switzerland. After the ranking made local headlines, the HCMC People's Committee ordered districts to build more public toilets, starting with District 1. Le Duc Thanh, the district chairman, said the coffee shops that have agreed to let people to use their toilets for free include Highlands, Trung Nguyen, King, Katinat, and Thuc, and the restaurants include Din Ky and Hozzizon. He said the district would call on more businesses to do the same. Vu Nguyen Quang Vinh, the … [Read more...] about 100 cafes, eateries in downtown HCMC to open their toilets to public

This is therefore an opportune time for the hospitality and real estate industry to reflect on what has happened and discuss was to increase competitiveness in both regional and international markets. Entitled “Vietnam Hospitality and Real Estate - Time for a Level Up”, the Meet The Experts' conference will take place on March 30th in Ho Chi Minh City, with more than 40 of the industry’s leading experts discussing the latest trends and sharing industry insights. Some of the highlighted topics: Vietnam and regional market updates Megatrends and market changes - Unlocking opportunities Judging by numbers - Hotel profitability in ASEAN Real estate conversion in hospitality - Vietnam's potential Megatrends - Consumer experiences that create value Redefining luxury dining and F&B value in real estate Colour trends in interior architecture Lifestyle, boutique, and soft brand hotels - Vietnam's untapped opportunity Investment and development talks … [Read more...] about Hospitality and real estate experts to share their views

Lazada continues to offer new promotions to entice its customer base As one of the early e-commerce players in Vietnam, Lazada is at the forefront of technology to meet customers’ evolving demand. During the Birthday Sale Boom shopping festival in March, the company increased its investments in two new shopping channels, LazLook and LazBeauty, bringing a unique and sophisticated shopping experience to users. There are also myriad promotions for refunds and free shopping. At the same time, the Lazada Super Show virtual music festival has also been held. By integrating 360-degree AR technology, viewers were immersed in unique spaces at home. Meanwhile, the company also applies realistic AI and AR-powered Virtual Try-On to shoppers, enabling beauty lovers to instantly sample products with pictures or live videos of themselves before making a purchase. The moves are all part of attempts to be ahead of the e-commerce game in expectation of an explosion in growth. According to a … [Read more...] about Technology improvements at heart of Lazada’s legacy