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The sector saw a softer contraction than in April as the Covid-19 pandemic was brought under control in Vietnam.
Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.
Plenty of recently-produced AirPods charging cases now carry the ‘assembled in Vietnam’ message, with increasing numbers of the headphones and accessories being put together locally,
China this month started testing its sovereign digital currency, the so-called Digital Currency Electronic Payment (DCEP), putting pressure on Vietnam to research cryptocurrency in the context of international integration.
Prestigious sports website Fox Sports Asia has created a poll for football supporters to select their dream Asian defence and renowned Vietnam defender Doan Van Hau is listed among the nine nominees.
The US news website Politico has ranked Vietnam the best performer worldwide in the fight against COVID-19.
Although the current pandemic is spreading rapidly in many countries and causing severe damage to the global economy, Vietnam continues to effectively control the situation while ensuring that economic activities are not interrupted.
Associate Professor, Dr. Chu Hoang Long from the Australian National University (ANU) on May 23 expressed his belief that the EU-Vietnam Free Trade Agreement (EVFTA), once effective, will boost two-way trade thanks to eased tax barriers.
Zeng, the traditional art of brocade weaving, has long been a skill among the Ta Oi ethnic people in the mountainous district of A Luoi in Thua Thien-Hue province.
As the old saying goes, “What does not break you makes you stronger.” This is so true for Vietnam, not only throughout its rich history but also in the current context.
5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.
With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth.
With the new threshold in place, set to take effect from January 1, 2020 retrospectively, there would be more than 1 million people whose incomes are not taxable.
The EU-Vietnam trade deal is the largest new-generation free trade agreement in Vietnam’s history in terms of direct benefits.
Cybercriminals have actively attacked small and medium businesses (SMBs) in Southeast Asia this year, according to global cybersecurity company Kaspersky.
The book “President Ho Chi Minh, the Founder of Modern Vietnam – Thailand Relations,” which tells stories about his stay in Thailand, is set to be published in English in celebration of his 130th birthday (May 19, 1890 – 2020).
Total assets of credit institutions and foreign banks in Vietnam by the end of the first quarter of this year inched down 0.72 per cent to VND12.48 quadrillion (US$521.76 billion) compared with the end of last year.
Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.
A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.
A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.