"Cash is necessary for daily expenses, so I choose to pay later whenever possible," Minh Tien, 33, of HCMC said. He bought braces and a motorbike using pay later services. The braces cost him VND35 million ($1,495.92) but he needed to pay only VND5 million upfront, and can pay the rest over three years. The bike cost him VND25 million, and he paid VND10 and the rest will be paid over six months. Thu of HCMC bought a VND10-million TV two months ago for her daughter. "My salary goes really quickly since prices are rising, so I decided on a six-month installment scheme." Buy now, pay later provides customers and sellers "a convenient and budget-friendly payment option," Nguyen Hoang Long, director of online commerce platform Sendo, said. Demand for it is skyrocketing as it serves those who cannot access traditional loans, Moin Uddin, CEO of fintech platform SmartPay, said. Vietnam presents a positive outlook for buy now, pay later services thanks to the popularity of cashless … [Read more...] about Buy now, pay later becoming popular in Vietnam
Polluter pays principle uk legislation
Journalists live streaming court proceedings on cyberspace to be fined VND30 mln
In addition, journalists shall be fined from VND 7 million (US$299) to VND 15 million for recording audio, video, or audio recordings by the trial panel without the consent of the presiding judge, audio recording, video recording or audio recording of procedure participants without their consent, or audio recording, video recording or recording with audio of the court hearing and broadcasting it live in cyberspace. Regarding acts of violating the rules of court sessions or meetings, other acts of obstructing legal proceedings, draft regulations on fines ranging from VND 500,000 to VND 1 million for journalists who don’t show their press cards at the court's requests when attending court sessions to report on the court's developments and journalist who did not comply with the control of the presiding judge on the area of work. At a meeting of the National Assembly Standing Committee this morning, Standing Deputy Chief Justice of the Supreme People's Court Nguyen Tri Tue commented … [Read more...] about Journalists live streaming court proceedings on cyberspace to be fined VND30 mln
Legal obstacles in land use to be removed
The scene of the dialogue between enterprises and the HCMC Department of Natural Resources and Environment. (Photo: SGGP) Many lingering problems It was recorded at the conference that many problems related to the issuance of certificates of land-use rights, ownership of houses and other land-attached assets, the extension of land-use rights, and contract signing and calculation of land-use fees have been reflected by enterprises. Ms. Nguyen Thanh Thao, the representative of Saigon Culture Corporation, said that before 2010, her company rented three land plots and was granted land-use rights certificates. In 2010, the company changed into a one-member limited liability company, but the land lease contract signed in 2009 was under the name of Saigon Culture Corporation. By 2021, when dealing with land rent reduction and land lease extension, tax authorities found that the company’s name on the lease contract and the seal did not match. Although the company has applied for a … [Read more...] about Legal obstacles in land use to be removed
Alaba free-kick gives Real Madrid win to start title defence
Carlo Ancelotti's side trailed to an early goal by Largie Ramazani away against their promoted opponents, but Lucas Vazquez equalised just after the hour mark. The winner arrived with 15 minutes remaining at Almeria's Power Horse Stadium, as Alaba strode onto the pitch and curled a free-kick in off the upright after Luka Modric had been fouled just outside the box. Alaba free-kick gives Real Madrid win to start title defence (source: youtube) Real were made to work hard for the points against an Almeria side who won last season's second-tier title to return to La Liga after a seven-year absence. "We had lots of shots on goal but once we got the first goal it made things much easier for us," said Ancelotti. "I am happy with the way the game went. We were not spectacular but there were lots of things to take into account, like the game on Wednesday and the heat." At one point it looked like Madrid might suffer a defeat in their opening league game of the season for … [Read more...] about Alaba free-kick gives Real Madrid win to start title defence
NA Standing Committee convenes law-making session
NA Chairman Vuong Dinh Hue speaks at the working session. (Photo: VNA) Hanoi (VNA) – The National Assembly (NA) Standing Committee opened a four-day law-making session in Hanoi on August 15, with 11 draft laws, ordinances and resolutions to be tabled for discussion. The draft laws include the Law on Petroleum (amended), the Law on Domestic Violence Prevention and Control (revised), the Law on Inspection (amended), the Law on Implementation of Democracy at Grassroots Level, and the law amending and supplementing some articles of the Law on Radio Frequencies. They were scrutinised at the third sitting of the legislature which took place last May and June, and are expected to be adopted in the next meeting, slated for October, said NA Chairman Vuong Dinh Hue in his opening remarks. At the working session (Photo: VNA) All of the five bills gained high consensus of legislators at the previous meetings of the NA Standing Committee as well as the third sitting of … [Read more...] about NA Standing Committee convenes law-making session
Vietnam moves up four places on 2022 Global Gender Gap Index
Women of Red Dao ethnic minority in their traditional attire. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam has climbed four places on World Economic Forum’s Global Gender Gap Index 2022 in the past year, from 87th to 83rd place out of 146 countries, with a score of 0.705/1. The increase is thanks to "mild improvements" recorded in closing the gender gaps across the four main components of the index: Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment. In terms of closing the gap in Economic Participation and Opportunity, Vietnam is ranked 31st, behind countries like Sweden (5th), the US (22nd), Kenya (6th), and regional neighbours like Laos (1st), Thailand (15th), or the Philippines (16th), out of 146 countries assessed. Indicators at this level reveal that lower workforce participation and lower parity in workforce participation have both contributed to poorer gender outcomes, the report said. “While parity in … [Read more...] about Vietnam moves up four places on 2022 Global Gender Gap Index