The goal is to establish a national modern, sustainable and integrated digital financial platform, contributing to strengthening the growth and resilience of the economy, and ensuring macroeconomic stability and financial security. The ministry will proactively apply technological achievements from the 4th Industrial Revolution and follow the results of e-Government development towards gradually implementing the digital transformation of the financial sector, providing digital financial services, and actively participating in the development of a digital government, economy and society. Indicators of e-finance development are hoped to be completed in 2022. The ministry will strive to set up a modern, public and transparent digital financial platform by 2025 based on big data and open financial data. By 2030, a rich and modern digital financial ecosystem will be formed in all fields, ensuring the effectiveness and safety of information. The finance sector will play a vital role … [Read more...] about Vietnam targets launch of modern digital finance platform by 2025
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Hanoi selected to support sustainable product value chains
The Ministry of Agriculture and Rural Development (MARD) has selected Hanoi as the locality to launch the project “Food Safety for Development”. The signing and launching ceremonies of the cooperation program to support Hanoi in building and developing some sustainable product value chains was held this week in the capital city by MARD‘s National Agro-Forestry-Fisheries Quality Assurance Department and the city’s Department of Agriculture and Rural Development and the Embassy of Canada in Vietnam. An overview of the signing ceremony. Photo: kinhtedothi.vn The project’s goal is to support the capital city in establishing eight sustainable agro-forestry-fishery value chains as well as the branding and marketing of some of their products, Director of the National Agro-Forestry-Fisheries Quality Assurance Department Nguyen Nhu Tiep said at the event. Selected chains will receive supports in infrastructure, equipment, quality improvement and food safety from … [Read more...] about Hanoi selected to support sustainable product value chains
Utilising every opportunity to grow and overcome challenges
At the conference on August 11, MPI Minister Dung said that thanks to the control of the pandemic and the maintenance of macroeconomic stability, the business sector has reported a positive recovery recently. As of July, the whole country had about 871,000 operating enterprises with tax incurred, an increase of nearly 13 per cent compared to 2021. In the first seven months of 2022, the number of enterprises entering and returning to the market, as well as additionally registered capital into the economy, increased sharply. The number of enterprises entering and re-entering the market was over 130,000 enterprises, an increase of 26.8 per cent on-year, 1.4 times higher than the number of enterprises withdrawing from the market. The total registered capital added to the economy in the first seven months of 2022 reached over $143 billion, an increase of over 37 per cent on-year. According to reports from business associations, the market has recovered over 75-85 per cent compared … [Read more...] about Utilising every opportunity to grow and overcome challenges