Opening business account online

Illustrative image (Source: VNA)   Hanoi (VNA) - The Vietnam eCommerce and Digital Economy Agency kicked off the Online Friday 2019 and e-commerce and digital technology experience week in Hanoi on December 5. Speaking at the opening ceremony, Minister of Industry and Trade Tran Tuan Anh said Online Friday was in its sixth year and had seen strong development and response from Vietnamese consumers as well as the business community. The first national online shopping day in 2014 saw a modest transaction total of 180 billion VND (7.7 million USD), said the minister. However, the programme has developed with more than 3,000 participating businesses and 27,000 products introduced through online shopping programmes, as well as e-commerce experience weeks. The turnover of the online shopping day reached more than 2 trillion VND (nearly 86 million USD) last year with 1.8 million orders on the system of e-commerce and social networks. Dang Hoang Hai, … [Read more...] about Shoppers rejoice as Online Friday 2019 kicks off

The largest online shopping event in Vietnam this year attracted more than 1,000 participating brands, with nearly 50,000 goods items, up to 70% discount, and prizes up to 2 billion dong. The heat of Online Friday 2019 is quickly spreading. On the morning of December 6, the programme received 20 million customer interactions and 300,000 app downloads. With the theme "Super promotion, quality products", participating businesses are committed to selling products with quality and clear origin. Online shopping fair brings practical benefits to both consumers and manufacturers. Along with the strict control of goods’ quality, technical infrastructure and accompanying services were also enhanced in this year's event. Online Friday is approved by the Government and held annually on the first Friday of December. This year the event aims to reach over 2.5 trillion dong in transactions./. VNA … [Read more...] about Good quality products committed during Online Friday

Deputy Prime Minister Trịnh Đình Dũng (r) welcomes Mongolian Minister of Food, Agriculture and Light Industry Ulaan Chultem in Hà Nội on Friday. — Photo baochinhphu.vn HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng held a reception in Hà Nội on Friday for Mongolian Minister of Food, Agriculture and Light Industry Ulaan Chultem, who is in Hà Nội to attend the 17th meeting of the Việt Nam-Mongolia Inter-Governmental Committee for Economic, Scientific, and Technical Cooperation. Dũng noted that the traditional relationship between Việt Nam and Mongolia was growing in all fields including politics, economy, trade and culture, reflected through people-to-people diplomacy and regular meetings at all levels. He welcomed the Mongolian minister’s visit which takes place at a time when the two countries are celebrating the 65th founding anniversary of diplomatic … [Read more...] about Việt Nam, Mongolia seek stronger economic ties

News Digest (13-12-2008) VN, Mongolia agree to boost trade to US$10m by 2010 HA NOI — Viet Nam and Mongolia have agreed to boost two-way trade from US$3.5 million to $10 million by 2010. Deputy Minister of Agriculture and Rural Development Ho Xuan Hung and Mongolian Minister for Food, Agriculture and Light Industry Tunjin Badoamjunai, agreed on this at the 13th session of the Viet Nam-Mongolia Inter-governmental Commission for Economic and Scientific and Technological Co-operation. At the four-day session, which opened in HCM City on Wednesday, the two sides also discussed measures to foster economic, scientific and technological co-operation for the next two years. They also agreed to create favourable conditions for business, saying that co-operation between the two banking sectors had created a trustworthy and fast payment mechanism. Nation lauds forum to promote democracy held in Indonesia HA NOI – The Vietnamese Government highly appreciated Indonesia’s … [Read more...] about VN, Mongolia agree to boost trade to US$10m by 2010

At a press conference on April 5, the MoF reported that total state budget revenue reached VND 381 trillion (over USD 16.4 billion) during the last three months, equivalent to 27 percent of the targeted figure for this year – higher than the 23 percent of annual targeted revenue achieved during the same period last year. That sum included VND 315.4 trillion gained from domestic sources, up 13.8 percent year-on-year, the ministry said, adding that 49 of the 63 provinces and centrally-run cities had revenues from domestic sources equivalent to over 24 percent of their estimates for this year. Fifty-four localities reported year-on-year increases in their Q1 revenues. Photo: baohoabinh.com.vn. Meanwhile, the state budget spending during the period surpassed VND 315 trillion, equivalent to 19.3 percent of this year’s spending estimate. The MoF said spending tasks have been performed in line with the set plans, ensuring social security. As the spending demand … [Read more...] about State budget surplus recorded in Q1: Finance Ministry