Vietnamnet news

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

The concept of 7 Bridges Brewing Company formed in the summer of 2016 and R&D started in September 2016. During that time, the founder was brewing test batches aiming for commercial production, which commenced in April 2017 once the license was issued. R&D is a key element of its business model and involves constant re-investment in production systems, sales outlets, and product recipes. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Vice Minister Bui The Duy from the Ministry of Science and Technology commented: ‘The innovation partnership between Australia and Vietnam has proven to be an effective mechanism for the two countries to share best practice and models to enhance the innovation systems in both countries. We hope grants provided under the Aus4Innovation program will set examples of how innovation – particularly when it can jointly developed and implemented – can transform our society and deliver economic, social and environmental sustainability.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

The Vietnam Association of Seafood Exporters and Producers (VASEP) said the US and Europe have the largest demands for tuna. A survey by US-based firm Tri Marine, which is now owned by Italy’s Bolton Group showed that canned tuna, which is a key export item of Vietnam, is favoured over other tuna products in the US market. … [Read more...] about BUSINESS NEWS OCTOBER 12

On behalf of the Political Bureau, Tran Quoc Vuong, Politburo member and permanent member of the Party Central Committee’s Secretariat read the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the 12th Party Central Committee’s draft Political Report and the draft report on the 10-year implementation of the Platform on national construction during the transitional period to socialism (revised and supplemented in 2011). … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

Since the beginning of the 12th tenure, the Party Central Committee, the Political Bureau, the Secretariat and the Party Central Committee’s Inspection Commission disciplined more than 70 senior officials under the management of the Party Central Committee, including one Politburo member and four members of the 12th-tenure Party Central Committee, 14 former members of the Party Central Committee, one former deputy prime minister, five ministers and former ministers, two secretaries of provincial party committees, five former secretaries of provincial party committees and 17 generals. … [Read more...] about Announcement of Party Central Committee’s 11th plenum