Over 20 e-wallets have been licensed in Vietnam Nguyen Dong (Nha Be district, Ho Chi Minh City) said he uses e-wallet MoMo to pay online for utilities, internet, and his mobile phone bills every month. He even uses this app to pay when going out with friends or family. Recently, when numerous banks have been adjusting service fees, he uses e-wallet more frequently. “The e-wallet provides several integrated services, such as buying movie tickets, air tickets, taking up consumer loans, and insurance policies. We can collect points and receive discounts just by using the e-wallet. Some e-wallets even give bonus e-money to users who invite friends,” said Vu. Pham Minh (Hoan Kiem district, Hanoi) uses the Vi Viet app to pay her bills online. It is very comfortable and free of charge for all transactions. CafeF.vn quoted leaders of some banks confirming that customers are turning towards e-wallets to pay bills, shop, and among others. E-wallet also provides some extra services … [Read more...] about Banks raise fees, e-wallet to be preferred
Blanket insurance policy
MoMo announces record-breaking growth in 2018
MoMo now serves nearly 10 million users on its e-wallet platform The company’s performance has been underpinned by the rapid uptake of mobile payments as the country’s digitally-savvy population embraced the convenience of making cashless transactions on their mobile devices, both online and offline. “Last year was a transformational period for MoMo,” said Pham Thanh Duc, the CEO of MoMo. “The company posted its largest ever transaction volume and number of active users and we have significantly extended our lead as the platform of choice in the Vietnamese digital payments market.” The company has just announced that MoMo now serves nearly 10 million users on its e-wallet platform and is the country’s most downloaded e-wallet app in 2018. The volume of transactions processed on MoMo’s platform has grown by more than three times over the course of the year. The introduction of new innovative payment features, exclusive merchants and … [Read more...] about MoMo announces record-breaking growth in 2018
Don’t putt it off, get yourself checked
By Robert Bicknell OK, let’s get this out of the way right off the bat… I have been diagnosed with cancer. I also have to say, right from the top, that I am quite humbled by the number of people who have reached out and stepped up to help me, especially in the golf community. I am quite touched by your efforts and concern. Words cannot convey the depth of my gratitude and appreciation, and for once, I am speechless. In a nutshell, what I thought was a sore back brought on by a change in my golf swing, turned out to be a whole lot more than I, or many doctors thought and, believe me, there were a few who really blew it. It was the docs at Columbia Asia who figured it out and got my ass over to FV Cancer Hospital for the full diagnosis. To them, I owe a lot. I’ve got secondary malignant cancerous tumors on my spine, and we’re still looking for the primary source, but they suspect it’s the prostate. We will see. At this time I am getting radiation … [Read more...] about Don’t putt it off, get yourself checked
Radical reform needed to improve business climate
Despite such problems, the efforts of the government and relevant ministries in recent times have yielded positive results and Vietnam’s business climate has improved remarkably so far. There has been a rapid increase in the number of enterprises and the quantity of registered capital, while the proportion of businesses ceasing operations or dissolving has also seen a sharp decline. Notably, a number of sub-licenses have been removed while administrative reforms and customs procedures have also been reduced. Showing the success of reforms, 99% of enterprises have paid their taxes online. A report on the implementation of resolution 19 on tasks and solutions to improve the business environment and the global competitiveness report 2017 by the World Economic Forum has shown that Vietnam’s competiveness moved up five places in 2017 compared to 2016 when it was placed in55th position out of 137 economies. The business environment index also climbed up 14 spots while the … [Read more...] about Radical reform needed to improve business climate