In the first four months of 2020, domestic transactions via bank cards rose 26.2% in the number of transactions and 15.7% in value year-on-year; internet transactions rose 3.2% in number of payments and 45.7% in value while mobile payment surged 189% in number of transactions and 166.1% in value. … [Read more...] about Vietnam credit growth slows to 2.13% in 6-month period
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Thirty businesses win HCM City Golden Brand Award
The municipal People’s Committee assigned the Department of Industry and Trade and the Saigon Times Group to launch the award. The award attracted 64 enterprises in different industries within one month after launch. It will be held annually. The 30 enterprises are leading companies or at the top of their business and production industries. Their total revenue in 2019 reached nearly 252.8 trillion (11 billion USD), or 21.8 percent of the city’s total revenue of retail sales of consumer goods and services. Their total after-tax profit reached almost 32.7 trillion VND. According to the evaluation of the Voting Council, most of the products and service brands of the winning enterprises have undergone a long process of establishment and development. They have had a firm position in the marketplace and a good reputation in customers’ minds and made active contributions to the city’s economic development. Bui Ta Hoang … [Read more...] about Thirty businesses win HCM City Golden Brand Award
HCMC announces 7-day Lunar New Year break
Earlier, the municipal People’s Committee also announced that schoolers of kindergarten, elementary schools, middle and high schools and vocational schools throughout the city will have a 9-day Tet break. Schools that currently adapt a five-day-a-week schedule will have 11-day Tet break, from February 6- February 10 (on the 25th day of the last month- the 5th day of the first month of the lunar calendar). … [Read more...] about HCMC announces 7-day Lunar New Year break