Post trade large in scale transactions

The tie-up offers MPGS customers access to Vesta’s Payment Guarantee™ and Payment Protect solutions. — Photo courtesy of the company With merchants estimated to suffer more than US$48 billion in e-commerce fraud globally in 2023 – 22 per cent of that in Asia – Mastercard on June 2 announced the expansion of its partnership with Vesta, the global leader in payment fraud protection. Building on the two firms’ existing fraud detection collaboration, Mastercard will be integrating Vesta’s iron-clad Payment Guarantee™ and Payment Protect risk scoring solution into its Mastercard Payment Gateway Services (MGPS) platform. Starting in the second half of 2023, MPGS customers in the Asia Pacific region will be given optional access to both fraud-fighting solutions which would offer total protection for their eCommerce transactions and take their cost of fraud to zero. “To provide MPGS customers with the toughest, most impenetrable fraud protection available, Mastercard is committed to … [Read more...] about Mastercard ramps up fraud protection for e-commerce merchants

The Hanoi Technology Exchange's development aims to connect with the national technology exchange and technology centers worldwide. The construction and operation of the Hanoi Technology Exchange must be completed this year, the Hanoi Department of Science and Technology has been urged. The request was made by Hanoi People's Committee Deputy Chairman Le Hong Son during a recent meeting with the department to review its performance in the first five months of the year and outline plans for the rest of 2023. Le Hong Son, Deputy Chairman of the Hanoi People's Committee, addresses the event. Photo: Phuong Nga In 2022, the City Council approved the plan to build and operate the Hanoi Technology Exchange, which is expected to be pivotal in developing the science and technology market. It will serve as a platform for consulting, brokering, facilitating technology transfer, and technology trade. According to the plan, the exchange will operate under two … [Read more...] about Launch of Hanoi technology exchange this year

The Fruit and Produce Weeks help Hanoi's residents access and recognize branded products with clear origins. The Hanoi Industry and Trade has been working closely with other provinces and cities to bring many fruit and agricultural products with clear origins and good quality to serve the needs of residents. In recent years, through more than 100 delivery events and weekly fairs, Hanoi has actively supported other provinces and cities in promoting fruit, agricultural products , and specialties in the city. Many good products have been acquired from other provinces by consulting and obtaining support from large distribution companies in Hanoi, such as Aeon, Central Group, MM Mega Market, and others, to sell them in modern distribution channels, not only for the Hanoi market but also in foreign distribution systems such as Japan (AEON), Thailand (BigC). According to Tran Thi Phuong Lan, Deputy Director of the Hanoi Department of Industry and Trade, the department has … [Read more...] about Hanoi cooperates with provinces for safe fruits and farm produce supply

Currently, there are more than 70 million registered motorcycles in the Southeast Asian country with the figure projected to grow even larger in the future. In the first four months of 2023 alone, the country produced more than 1 million new motorcycles. Five major manufacturers: Honda, Yamaha, Suzuki, Piaggio, and SYM hold over 90% of the market share in Vietnam, manufacturers also export fully assembled models to international markets. VAMM said the stage has been set for Vietnam to become an attractive destination for motorcycle manufacturers in the Asia-Pacific region. Due to supply chain difficulties and rising trade tension between the U.S. and China, manufacturers have been shifting their investments to smaller markets in Asia to minimize risks. For example, the Japanese government has allocated a 2.2 billion USD fund in support of Japanese businesses relocating from China while the U.S. government has been calling for U.S. businesses to either return to the U.S. or … [Read more...] about Vietnam emerges as a major motorcycle market and manufacturing hub

Australian Prime Minister Anthony Albanese spent time visiting a local beer spot in Hanoi to enjoy bia hoi (light Vietnamese draft beer) after he arrived in the Vietnamese capital city on Saturday afternoon. PM Albanese joined a crowd at a draft beer spot on Duong Thanh Street, Hoan Kiem District to drink ice-cold draft beer and have lunch there. The Australian leader sat at the same table as that of Vietnamese Ambassador to Australia Nguyen Tat Thanh and Director of the State Protocol Department Nguyen Viet Dung. Before visiting the draft beer spot, PM Albanese bought a loaf of banh mi, a Vietnamese baguette served with different fillings, for lunch. A staff member of a banh mi stall gives banh mi to PM Albanese. A representative of the Vietnam-based brewer Habeco briefs PM Albanese on the history and development of Hanoi draft beer. PM Albanese jointly says “Mot, hai, ba, do!” (one, two, three, Cheers!) and chats with … [Read more...] about Australian PM tries Hanoi draft beer during visit to Vietnam