Ngo Khai Hoan, Deputy Director of the Vietnam Industry Agency Ngo Khai Hoan, Deputy Director of the Vietnam Industry Agency: Industrial production recovers strongly With the government’s decision to switch from “Zero COVID-19” to safe and flexible adaptation to the pandemic, industrial production has seen strong recovery and has been restored to pre-pandemic levels, especially the manufacturing and processing sector. The added value of the industrial sector increased by 8.48 percent in the first half of 2022 compared to a year ago. The index of industrial production (IIP) grew by 8.7 percent in the first half of the year, with the manufacturing and processing sector going up by 9.7 percent. Almost all localities saw IIP increases, with high rates recorded in the provinces of Bac Giang, Bac Ninh, Quang Nam and Binh Phuoc. --------------------------------------------------------------------------- Tran Duy Dong, Director of the Domestic Market Department … [Read more...] about First-half industry and trade highlights
Signing a purchase agreement for a house
Countries, major groups seek investment opportunities in Da Nang
This provides an opportunity for the city to seek important partners, establish in-depth relations, promote economic and cultural development, and strengthen international cooperation in personnel training and equipment supplies, Vu told Secretary of the municipal Party Committee Nguyen Van Quang during their working session in Da Nang. According to the Deputy Minister, Da Nang has closely coordinated with the Ministry of Foreign Affairs and central agencies to successfully organise multiple international events. It has also joined efforts to protect Vietnam’s sovereignty over its sea and islands, especially Hoang Sa island district of Da Nang city, he said, noting that the National Border Committee will continue to support Da Nang in this regard through training courses. The Ministry of Foreign Affairs will also further assist the city to seek partners and attract foreign investors, Vu noted. For his part, Quang stressed Da Nang always regards economic and cultural diplomacy … [Read more...] about Countries, major groups seek investment opportunities in Da Nang
Kredivo and VietCredit provide “Buy Now Pay Later” service on Sendo
Kredivo, one of the most valuable fintech unicorn in Southeast Asia, has been established in Vietnam since August 2021 through the partnership with VietCredit JSC. Sendo is one of the leading e-commerce platforms of Vietnam, serving millions of customers and sellers in Vietnam every month. This partnership takes Kredivo to the next level in its business journey in Vietnam. With the simplicity of just 2-clicks, Sendo’s customers will be able to seamlessly checkout via Kredivo while allowing these customers to repay in 30 days at 0% or over 3, 6 and 12 months. During the registration process, customers can sign up through the mobile application, and get approval by VietCredit for a credit limit of up to 25 million VND in nearly real-time. Krishnadas, SVP Business Development of Kredivo, said, “Kredivo aims at solving customers' needs to access fast and affordable credit, while also supporting merchants in driving higher Gross Merchandise Value. We are delighted to partner … [Read more...] about Kredivo and VietCredit provide “Buy Now Pay Later” service on Sendo