Trade

Thuy Quynh, a teacher at an English center in Hanoi, has been shopping online for several years now. Albeit her favor of online payments, she does not always find this form of payment convenient. The reason is the types of accepted bank card and e-wallet vary from one e-commerce website to another, but she cannot own all of them. Therefore, she sometimes has to pay in cash upon delivery. … [Read more...] about Risks scare away online consumers

 The competition became unbearable at times, however, with exorbitant prices and scams becoming so common that local authorities had to introduce harsh sanctions. The strong temperaments of the local sea-faring people would often clash with sharp-tongued tourists, leading to disagreements that could spoil a holiday. … [Read more...] about Local visitors a potential saviour for Sầm Sơn

The ceremony will begin at Viet Tri’s Phu Tho Conference Centre, then move to the Hung Temple’s festival centre and then to upper temple. The participants will lay a wreaths of flowers in front of the carved stele that marks the place where President Ho Chi Minh said famously, "the Hung Kings founded the nation, we should get together to protect our land," while talking to pioneering Vietnamese groups. … [Read more...] about Viet Nam celebrates its Hung founders

Participants will also give opinions on a draft report on the implementation of socio-economic development plans and State budgets for 2015-2020, orientations and tasks for 2021-2025, the five-year implementation of seven breakthrough programmes for the realisation of a Resolution adopted by the 10th HCM City Party Congress, and the socio-economic-cultural performance in the first half and key tasks for the remaining months of the year. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 12

 In spite of periods of colonial control, all the destruction of the many wars, all levels of foreign interference, with its trade, policies and regime Vietnam has sustainably placed its people at the centre of its policies; the economy has been growing at an annual average rate of 6.4 percent between 1986 and 2018. Vietnam’s life expectancy surged from 66 in 1978 to 76 in 2018, while child mortality dipped over the same period from 48 per 1000 live births to just 16. Through an almost stubborn focus on social welfare, poverty was reduced from over 75 percent  to below 10 percent over this period. A foreign investment law followed in 1987 with foreign direct investment (FDI) growing steadily from 320 million USD in 1990 to 130 billion USD in 2018. At the same time, GDP per capita has leapt 25 times from under 100 USD in the 30 years since 1989, in the process reducing poverty from 58 percent in 1993 to under 5 percent. Vietnam’s trade to GDP ratio is at 200 … [Read more...] about Vietnam on focus of African friends and partners