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Promoting cashless payments to boost internet economy

December 11, 2019 by

Deputy Prime Minister Vu Duc Dam speaks at the forum. — VNA/VNS Photo Minh Quyet He was speaking at the E-payment Eco-system Development Forum 2019 under the theme “Motivation by Chip Technology” in Hanoi on December 10. The forum was co-organised by Thoi bao Kinh te Vietnam (Vietnam Economic Times) and the National Payment Corporation of Vietnam (NAPAS). The Southeast Asian economy was dynamic with an internet economy of US$100 billion that was expected to triple in the next five years,” said Dam. In order to promote the internet economy, a consensus was needed between State agencies, enterprises and banks, he said. Infrastructure must be changed at a cost but it would be worthwhile for economic efficiency in the long run, he said. Technology had to be promoted to integrate information, including personal, health insurance and banking data, said Dam. Deputy Prime Minister Vu Duc Dam also noted that … [Read more...] about Promoting cashless payments to boost internet economy

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Promoting cashless payments to boost internet economy in Vietnam

November 12, 2019 by

Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam. Deputy Prime Minister Vu Duc Dam speaks at the forum. He was speaking at the E-payment Eco-system Development Forum 2019 under the theme “Motivation by Chip Technology” in Ha Noi on Tuesday. The forum was co-organised by Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) and the National Payment Corporation of Viet Nam (NAPAS). The Southeast Asian economy was dynamic with an internet economy of US$100 billion that was expected to triple in the next five years,” said Dam. In order to promote the internet economy, a consensus was needed between State agencies, enterprises and banks, he said. Infrastructure must be changed at a cost but it would be worthwhile for economic efficiency in the long run, he said. Technology had to be promoted to integrate information, including personal, health insurance and … [Read more...] about Promoting cashless payments to boost internet economy in Vietnam

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Cashless payments help boost internet economy: Deputy PM

December 11, 2019 by

Deputy Prime Minister Vu Duc Dam speaks at the forum.(Photo: VNA) Hanoi (VNA) - Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam. Dam made the statement at the E-payment Eco-system Development Forum 2019 under the theme “Motivation by Chip Technology”, which was co-organised by Thoi bao Kinh te Vietnam (Vietnam Economic Times) and the National Payment Corporation of Vietnam (NAPAS) in Hanoi on December 10. The Southeast Asian economy was dynamic with an internet economy of 100 billion USD that was expected to triple in the next five years,” said Dam. In order to promote the internet economy, a consensus was needed between State agencies, enterprises and banks, he said, adding that infrastructure must be changed at a cost but it would be worthwhile for economic efficiency in the long run. Technology had to be promoted to integrate information, … [Read more...] about Cashless payments help boost internet economy: Deputy PM

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National public service portal formally launched

December 11, 2019 by

According to the Government Office, in the last 9 months, it cooperated with related ministries & sectors, and local authorities to standardize and upgrade necessary databases for administrative procedures regarding citizens and businesses in order to integrate them for the services launched on the portal. This public service portal, an essential milestone in the implementation of the people-centered and enterprise-centered approach, aims at delivering transparent information about administrative procedures as well as actually carrying out these practical works online. The portal is supposed to save more than VND4,200 billion (approx. US$181.4 million) per year. At the launching time, the portal with the address http://dichvucong.gov.vn provides 5 online public services in all 63 provinces and cities, consisting of driving license re-issue, promotion activity notices, health insurance card re-issue due to loss or damage, low-voltage power supply to individuals, households and … [Read more...] about National public service portal formally launched

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Hanoi leads FDI injection in first three quarters

October 2, 2018 by

A corner of the Old Quarter walking street in downtown Hanoi is seen from above. (Photo: VNA) Hanoi (VNA) – Hanoi led Vietnam in foreign direct investment (FDI) inflow in the first nine months of 2018 with more than 6.26 billion USD, a 5.4-fold rise from the same period last year, according to a local official. Some 162.7 trillion VND (over 6.95 billion USD) in non-state investment was injected into 70 projects in the capital, with local investment for development estimated at 219.44 trillion VND (9.38 billion USD), up 10.3 percent, Director of the municipal Department of Planning and Investment Nguyen Manh Quyen told the 15th meeting of Hanoi’s 16th Party Committee on October 1. The meeting, chaired by Secretary of the city’s Party Committee Hoang Trung Hai, was held to review socio-economic development in the first three quarters of the year and tasks for the remaining months. The nine-month Gross Regional Domestic Product (GRDP) rose by 7.17 percent as … [Read more...] about Hanoi leads FDI injection in first three quarters

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