MoMo now serves nearly 10 million users on its e-wallet platform The company’s performance has been underpinned by the rapid uptake of mobile payments as the country’s digitally-savvy population embraced the convenience of making cashless transactions on their mobile devices, both online and offline. “Last year was a transformational period for MoMo,” said Pham Thanh Duc, the CEO of MoMo. “The company posted its largest ever transaction volume and number of active users and we have significantly extended our lead as the platform of choice in the Vietnamese digital payments market.” The company has just announced that MoMo now serves nearly 10 million users on its e-wallet platform and is the country’s most downloaded e-wallet app in 2018. The volume of transactions processed on MoMo’s platform has grown by more than three times over the course of the year. The introduction of new innovative payment features, exclusive merchants and … [Read more...] about MoMo announces record-breaking growth in 2018
Space launches 2018
Japan launches human trial of new Ebola vaccine
Japan launches human trial of new Ebola vaccine (AFP/File / PAMELA TULIZO) The vaccine, which has previously been tested in monkeys, uses an inactivated form of the virus that can only effectively replicate in artificial cells. Scientists hope that will make it safer than other treatments, the Institute of Medical Science at the University of Tokyo said in a press release. "We think there's high hope for a new, safe vaccine which can be produced effectively," Yoshihiro Kawaoka, a professor of infectious diseases at the university who helped developed the vaccine, said in the release. The university will begin the clinical study later in December, injecting 30 healthy adult men with two doses of the vaccine, four weeks apart. They will be monitored for side effects and whether they have developed immunity to Ebola. The Ebola virus is passed on by contact with the blood, body fluids, secretions or organs of an infected or recently deceased person. The death rate is typically high, … [Read more...] about Japan launches human trial of new Ebola vaccine
Việt Nam making progress in improving competitiveness
Deputy Prime Minister Vũ Đức Đam speaks at a meeting organised by the National Council for Sustainable Development and Competitiveness Improvement held in Hà Nội on Friday. Photo chinhphu.vn HÀ NỘI — Although Việt Nam has made strides in enhancing the business environment and competitiveness capacity, there’s still room for improvement, heard participants at a meeting held in Hà Nội on Friday. The meeting, organised by the National Council for Sustainable Development and Competitiveness Improvement, aimed at reviewing the implementation of the government’s efforts on the issues from 2019 and assign tasks for next year. Đậu Anh Tuấn, head of the Legal Department of Viet Nam Chamber of Commerce and Industry said results of surveys on administrative procedure and tax procedure reform and business environment improvement in 63 provinces and cities showed the proportion of … [Read more...] about Việt Nam making progress in improving competitiveness
Civilization Trip campaign honours people with good behaviour
Motorcycle taxi driver Trần Văn Quí, 32, of the Mekong province of Đồng Tháp, was honoured by Tuổi Trẻ (Youth) Newspaper and the National Traffic Safety Committee during the Civilization Trip campaign, which urged residents to be aware of traffic safety, order and civilized behaviour on public streets. VNS Photo Gia Lộc HCM CITY — Motorcycle taxi driver Trần Văn Quí called "a crazy man" by some people because he he attached a small board with the words "Free Charge for Students and People with Disadvantages" on his motorbike. “In the beginning, I was sad because I was called that name. And then, I thought that the nickname was fun,” Quí said. Quí, who is from the Mekong province of Đồng Tháp, became a motorcycle … [Read more...] about Civilization Trip campaign honours people with good behaviour
Former CEO of AhaMove Nguyen Xuan Truong officially enter e-wallet MoMo
Former CEO of AhaMove, Nguyen Xuan Truong The information was shared by Truong himself at the seminar titled “From Zero to Hero then back again – Story of Former AhaMove CEO” organised by UP Co-working Space Vietnam and Startup Grind Vietnam on April 21. “I want to challenge myself by entering a fresh field like financial technology (fintech) and joining MoMo would be a great challenge,” said Truong. A representative of MoMo stated that Truong will be the company’s director of the money transfer department from April 22. Right after the announcement of leaving AhaMove, there were rumours that Truong departed because the company was not able to compete with Grab and Go-Viet. Answering the issue, Tran Duc Huy, AhaMove’s former marketing manager, who also stopped working at the firm since the middle of April, posted on Facebook, “I left AhaMove because I no longer suit the company’s development strategies. I and Truong did not stop … [Read more...] about Former CEO of AhaMove Nguyen Xuan Truong officially enter e-wallet MoMo