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Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12

“It’s an interesting place,” second-year college student Hoa Hạ from Hà Nội told Việt Nam News during a trip to Tràng An. “Just a few hours from Hà Nội we can take photos with aborigines. We enjoyed the film site a lot." … [Read more...] about Stop monkeying around with our heritage sites

Politburo member, Prime Minister Nguyen Xuan Phuc, on behalf of the Political Bureau, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report summarising the implementation of the socio-economic strategy in the 2011-2020 period and the building of a socio-economic development strategy for the 2021-2030 period; the draft report on the socio-economic situation in the 2016-2020 period and the socio-economic development plan for the 2021-2025 period. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

Attending the event were Vietnamese Ambassador to Laos Nguyen Ba Hung; Lao Deputy Minister of Planning and Investment and Vice Chairman of the Laos – Vietnam Cooperation Committee Khamphoi Keokinnaly; Chairman of the Lao National Assembly’s Committee on Planning, Finance and Auditing and Chairman of the Laos – Vietnam Friendship Association Central Committee Vilayvong Bouddakham; and former Director of the Lao National Economic Research Institute Bouasone Bouphavanh, among others. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Speaking at the ceremony, Ms. Rebecca Bryant, Charge d’Affaires a.i. of the Australian Embassy said: ‘Deeper, stronger ties between our innovation systems is a key goal for our strategic partnership with Vietnam and the Innovation Partnership Grants provide excellent opportunities to nurture innovative ideas and scale on-going partnerships between Australian and Vietnamese organisations. I’m delighted to see more and more collaboration between the research institutions of our two countries.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13