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Access to this huge amount of customer data is a golden opportunity for banks to promote digital services and products, especially online lending. — Photo baodautu.vn Through a series of newly-issued regulations and access to the national population database, banks are planning to expand their online money-lending services. Deputy Governor of the State Bank of Viet Nam (SBV) Pham Tien Dung said accessing the national population database will help banks to check and authenticate new customer information more easily. Commercial banks will promote lending services on their electronic platforms based on this database. The draft amending the Law on Credit Institutions has many regulations specifying banking services via electronic devices. Besides that, several provisions supplemented by Civil Law and the Law on Electronic Transactions are necessary to complete the legal framework for online lending. Online lending, mostly small loans, has been implemented by many banks for a … [Read more...] about Banks to promote online lending through national population database access

President of the Vietnam Fatherland Front Central Committee Do Van Chien (third from left) and VGCL President Nguyen Dinh Khang (centre) present certificates honouring the outstanding collectives at the event on June 4. (Photo: VNA) Hanoi (VNA) – The Vietnam General Confederation of Labour (VGCL) held a ceremony in Hanoi on June 4 to honour the role models in patriotic emulation movements, an activity in celebration of 75 years since then President Ho Chi Minh issued an appeal for patriotic emulation (June 11, 1948). The event, titled “Glory to Vietnam”, was the 18th held so far. It also celebrated all-level trade union congresses and the coming 13th Vietnam Trade Union Congress . VGCL President Nguyen Dinh Khang said the programme, first held on the International Labour Day (May 1) in 2004, aims to honour the collectives and individuals with remarkable achievements in patriotic emulation movements or national construction and safeguarding. In the previous 17 editions, … [Read more...] about Role models in patriotic emulation honoured

There is a wind farm located in the coastal area of Vinh Trach Dong commune, more than 10km from Bac Lieu city centre. This was Vietnam’s first wind power project, built in 2010 with investment in the trillions of VND. With a landscape as beautiful as a European sky, the area quickly became a tourist attraction. The arrangement of the turbines combined with local roads makes travel easy, and visitors can go from one area to another without any problems. The most suitable time to visit is early morning or late afternoon, when you can enjoy the sunrise and sunset over the sea. Bac Lieu’s wind power area has been recognised by the Mekong Delta Tourism Association as an outstanding tourist destination in the Delta, with nine typical tourist attractions./. VNA … [Read more...] about Stunning wind farm in Bac Lieu province

Operating for 14 years in the country, British University Vietnam (BUV) has asserted its position, quality, and outstanding reputation in the education sector by continuously improving the quality of its training, demonstrating the international standard and value of British higher education. BUV pledges investment in quality education in Vietnam BUV, located in Ecopark 14km from the centre of Hanoi, is the first and only university in Vietnam and ASEAN to have been awarded accreditation from the Higher Education Quality Assurance Agency. To earn the recognition of quality, BUV has completed the International Quality Review, a rigorous procedure which benchmarks global higher education institutions against the United Kingdom’s international quality assurance standards, with the university achieving the highest level of performance in all 10 categories and outstanding accomplishments in all academic aspects. BUV is also the first and only university in Vietnam to be … [Read more...] about BUV pledges investment in quality education in Vietnam

At a conference on solutions to develop and promote investment in real estate for agricultural tourism in Vietnam on May 25 in Hanoi, an action programme was discussed to create motivation for agro-tourism and rural development. Legal synchronisation can unlock agro-tourism potential Organised by the Vietnam National Administration of Tourism and the Vietnam National Real Estate Association (VNREA), it was the first time that a large-scale event discussed such issues. Nguyen Van Khoi, chairman of VNREA, said that the development of agricultural tourism is gradually becoming a trend in rural areas, especially in agricultural economy countries like Vietnam. It not only benefits the industry but also contributes to increasing the value of the land, raising opportunities for economic development, and improving the lives of local people. “In order to increase the value of the land through the development of agricultural and rural tourism, a sustainable development … [Read more...] about Legal synchronisation can unlock agro-tourism potential