As many as 40,000 mom-and-pop stores nationwide have been digitalised thanks to the
Hanoi (VNA) – As many as 40,000
mom-and-pop stores nationwide have
been digitalised thanks to the VinShop mobile app developed by Vietnam’s
biggest conglomerate Vingroup.
The Southeast Asian country is currently home to 1.4 million mom-and-pop shops
and over 9,000
traditional markets, which serve 85 percent of the consumption
demand of local people. However, their out-of-date business operation could
affect consumers’ shopping experience as well as the market development.
VinShop, the first in Vietnam to employ the Business to Business to Consumer
(B2B2C) model, addresses inefficiencies in the supply chain by offering thousands
A majority of fintech companies in Vietnam operate in payment service. (Photo: laodong.vn)
Hanoi (VNS/VNA) - The
regulatory sandbox for financial technology (fintech) which is expected to be
created this year, coupled with efforts to promote the use of digital
financial services, are expected to accelerate the development of fintech in Vietnam.
Governor of the
State Bank of Vietnam
Nguyen Thi Hong recently said that the central bank would focus on creating
favourable conditions for fintech development this year in a bid
to boost the digital economy.
Vietnam saw strong fintech
development in 2020, partly fuelled by the COVID-19 pandemic which forced
Illustrative image (Photo: VNA)
survey recently conducted by Gallup
International, behind Nigeria and Azerbaijan.
Accordingly, Nigeria won the highest index with
58 percent, followed by Azerbaijan 47 percent and Vietnam 45 percent.
The index for Russia was minus 41
percent. The lowest level the country recorded was minus 43 percent in 2013.
The survey polled 38,000 people from 41
countries worldwide. Up to 47 percent of respondents said the year 2021 will
see economic difficulties while only 6 percent hoped that the world economy
will recover.
As many as 40 percent of Russian respondents
said this year will be as the same as 2020. Eight percent said it is hard
to offer right feedback.
HCM City (VNA) - The
Ho Chi Minh Stock Exchange (HoSE), with 41.5
million shares put up for sale on January 6.
The total listed value was 415 billion VND (18
million USD), while the reference price on the first trading day was 25,000 VND
per share, with a fluctuation of +/- 20 percent.
As it is the first hospital to list on
HoSE,
TNH drew attention from investors during its first trading session, with its
price rising 18 percent to 29,500 VND per share. The total transaction volume
surpassed 1.38 million units.
The Thai Nguyen International Hospital Joint
Stock Company was established in 2012, with charter capital of 415 billion VND.
In the specific service sector, banks are constantly taking advantage of technology platforms and promoting service quality as well as diversifying products to increase competitiveness, affirming their position in the domestic and international market. Banks therefore are becoming more and more flexible to meet maximum customer needs. Customer centric has long been the motto for all activities of Southeast Asia Commercial Joint Stock Bank (SeABank). This is not only a business strategy but also a culture and mission of SeABank to bring the best experience to customers. SeABank has focused on optimizing resources to increase competitiveness, optimize service processes to shorten procedures. Thanks to the unwavering belief from customers, partners, shareholders and employees, SeABank has gradually completed its mission of developing to become the favourite retail bank.