Phase 4 focal point ludhiana pin code

A buyer makes her payments by scanning QR codes. — Photo courtesy of NAPAS The National Payment Corporation of Viet Nam (NAPAS) has expanded its NAPAS247 Quick Transfer via VietQR Code network to include five new banks. The five banks comprise Saigon Hanoi Commercial JS Bank, Cooperative Bank of Viet Nam, Kasikornbank's HCM City Branch, Woori Bank, and CIMB Bank. With the inclusion of the banks, NAPAS's network has increased its membership to 40, accounting for 99.29 per cent of the NAPAS247 market share. The network allows clients of the 40 banks to make money transfers by using mobile banking apps to scan QR codes. The clients can also create their own codes to receive payments by the same means. The network has over 3 million users so far with their transfers growing by 70 per cent per month in the first six months of 2022. "NAPAS247 Quick Transfer via VietQR Code brings great benefits to both sellers and buyers as it simplifies and expedites payments, and at the same … [Read more...] about NAPAS expands transfer-via-QR-code network

How optimistic can you be in evaluating the trends of building smarter cities during this turbulent time in the global economy? Governments around the world are tapping into an arsenal of policy interventions and financing measures to support the transformation of sectors, especially energy and industry, improving energy efficiency, and tackling environmental pollution. Many are adopting a stick-and-carrot approach, including green taxes on harmful environmental activities, tighter regulations, and new environmental standards and certifications for energy performance, emissions, and pollution. Subsidies and tax rebates are used to boost demand for green products and services like electric vehicles (EVs), solar panels, and renewable energy. Loans and grants are also provided to promote green investments in sustainable agriculture, renewable or low-carbon energy sources, energy-efficient buildings, transport, and public infrastructure. There is a robust and wide array of green … [Read more...] about A phased approach to smart cities

The scene of the seminar. (Photo: SGGP) Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the HCMC Party Committee, Chairman of the People's Committee of HCMC, and Mr. Vo Van Hoan, Vice Chairman of the People's Committee of HCMC, chaired the seminar with the attendance of the leaders of departments, associations, experts, scientists, and enterprises. Effective model Mr. Phan Van Mai said that, after 30 years of construction, HCMC had had 17 EPZs and IPs with a total area of 4,000 hectares. Although their scale remains modest, EPZs and IPs operate fairly efficiently, contributing a large proportion to industry and export. However, to comprehensively reevaluate the pros and cons of this model, HCMC has coordinated with relevant agencies to develop the Project on Orientation for the Development of HCMC-based EPZs and IPs in the 2025-2030 period and a vision to 2040, with the desire to listen to the solutions to orient and restructure following … [Read more...] about HCMC has no policy of deleting any EPZ-IP

Hanoi welcomes the South Korean company's plans to participate in environmental and urban projects in the city. South Korean businesses are seeking investment opportunities in fields of green growth, environment, climate resilience, smart city, and waste treatment in Hanoi. Overview of the meeting. Photo: Thanh Hai South Korean Ambassador to Vietnam Park Noh-wan delivered South Korean businesses' wishes during a meeting with the Secretary of the Hanoi Party Committee Dinh Tien Dung on August 2. According to Park, a cooperation mechanism is necessary for Hanoi’s authorities and South Korean businesses to address any emerging issue, and they called for the city to help contractors accelerate several projects, including a shopping mall in the West of Hanoi, and a project of Charmvit Corporation in Soc Son District. The ambassador also proposed both sides hold an investment conference to discuss cooperation opportunities in the future. Park noted the two … [Read more...] about S.Korea businesses seek investment opportunities in Hanoi

Addressing the meeting, Vu Chien Thang, Vietnamese Deputy Minister of Home Affairs and rotating Chair of the ACCSM 21, welcomed the delegates to the event directly after two years of working online due to COVID-19 impacts. Thang said that activities and programs have been implemented within the framework of the ACCSM 21 Work Plan for the 2021-2025 period. Member countries have also worked closely together in dealing with challenges, including the COVID-19 pandemic, and giving new orientations for their cooperation in civil service matters with the aim to build an ASEAN Community of strong development, he said. At the event, senior officials updated and discussed the implementation of the ACCSM Work Plan for the 2021-2025 period, while considering and approving new project proposals. They also discussed issues related to ACCSM such as the development of the post-2025 ASEAN Community Vision, as well as ways to expand ACCSM's cooperation with other ASEAN agencies and units, and … [Read more...] about Senior officials meet for 21st ASEAN Conference on Civil Service Matters in Hanoi

The new cooperation agreement will help Vietnam accelerate the progress of the Sustainable Development Goals. The new One Strategic Framework for Sustainable Development Cooperation (CF) is the agreement signed for the partnership between the United Nations and the Government of Vietnam for the 2022-2026 period. Vietnam's Minister of Planning and Investment Nguyen Chi Dung speaks at the signing ceremony in Hanoi on August 11. Photos: UN The new move demonstrates the cooperation between Vietnam and all UN resident and non-resident agencies in Vietnam to accelerate progress to achieve the Sustainable Development Goals (SDGs) in the next five years. It highlights the joint commitment to deliver sustainable development for all, according to the UN. Nguyen Chi Dung, Minister of Planning and Investment, said at the signing ceremony held in Hanoi on August 11 that the CF matters a lot to Vietnam when the country boosts the post-pandemic economic recovery toward … [Read more...] about Vietnam, UN accelerate Sustainable Development Goals in 5-year cooperation

The ceremony marking the 40th anniversary of the Intellectual Property Office of Vietnam on July 29 (Photo: qdnd.vn) Hanoi (VNA) – The Intellectual Property Office of Vietnam (IPO) under the Ministry of Science and Technology celebrated its 40th anniversary with a ceremony in Hanoi on July 29. IPO Director Dinh Huu Phi said the establishment of industrial property rights is one of the focal tasks of the office since its inception and becoming increasingly important because the surging number of applications for industrial property requires better handling of applications while trade disputes and complaints are also on the rise. By the end of June, the IPO had received nearly 1 million applications for industrial property and granted nearly 600,000 certificates of industrial property protection of all types. The official also highlighted his office’s efforts to promote task performance by improving governance, reforming administrative procedures, applying … [Read more...] about Intellectual Property Office marks 40th anniversary

A customer using a tablet at a HDBank (HDB) branch. HDB rose 1.2 per cent Monday. — Photo courtesy of the bank Vietnamese shares opened higher on Monday, led by banking and large-cap stocks which were bolstered by continued improvements in investors’ sentiment. On the Ho Chi Minh Stock Exchange, the VN-Index edged up 0.32 per cent to close Monday at 1,256.75 points. The VN-Index had risen by 3.85 per cent last week. Some 699 million shares worth VND15.8 trillion (US$675.5 million) were traded on the southern exchange. The market's breadth was positive with 271 stocks climbing, of which 75 stocks hit ceiling prices, while 189 stocks declined. The index's rallies were driven by sharp gains in some large-cap stocks, especially in the banking sector. The VN30-Index, which tracks the 30 biggest stocks on HoSE, jumped 0.36 per cent, to 1,276.70 points. In the VN-30 index, gainers included Sacombank (STB), HDBank (HDB), ViBank (VIB), VPBank (VPB), Techcombank (TCB) and … [Read more...] about Shares open the week higher on banking sector

The HoSE, on August 2, announced that by the last trading session of July 2022, the VN-Index reached 1,206.33 points, up 0.73 percent compared to June but down by nearly 20 percent compared to the end of 2021. Market liquidity in July recorded an average trading value and volume of VND11.5 trillion and 492.9 million shares, respectively, down 20.84 percent in value and 10 percent in volume, respectively, compared to before. The total trading volume of shares exceeded 10.3 billion shares, with a trading value of nearly VND241.55 trillion, down 14.10 percent in volume and 24.4 percent in value, respectively, compared to June. By the end of July 2022, on the HoSE, there were 554 listed securities codes, including 402 stocks, two closed-end fund certificates, nine exchange-traded fund certificates, 137 covered warrants, and four bonds. The total volume of listed shares reached over 134 billion shares. The listed market capitalization exceeded VND4.79 quadrillion, up 0.75 percent … [Read more...] about Market capitalization on HoSE loses VND1.01 quadrillion in first seven months

Vietnam strives to restore tourism back to the state of 2019 before the Covid-19 pandemic broke out. Vietnam’s latest tourism planning places emphasis on the sustainable development of the industry to make it the spearhead in the country’s economy in the years to come. Overview of the conference held on August 9. Photo: MCST The issue was discussed at a conference held on August 9 which gathered domestic and foreign officials and experts to provide ideas for Tourism Planning for the period 2021-2030 and a vision for 2045. The planning has many important points, including quality, efficiency, and competitiveness of an industry that generated US$32 billion in 2019 (before the Covid-19 pandemic). It aims to restructure the tourism industry with spatial orientations and development solutions coupled with the planning of tourist sub-regions, maritime tourism, among others. Vietnam’s tourism industry needs to be oriented by a long-term vision, based on … [Read more...] about Vietnam seeks ways to boost competitiveness of tourism