KTFA:  Vietnam

Henig:  HCM City dwellers benefit from digital transformation

January, 25/2023 - 10:14

Thanks to adapting to digital transformation trends, residents in HCM City are increasingly enjoying technological conveniences in many aspects of life.

HCM CITY — Thanks to adapting to digital transformation trends, residents in HCM City are increasingly enjoying technological conveniences in many aspects of life.

Nguyễn Văn Tuấn, 52, a rental house owner in District 3, told Sài Gòn Giải Phóng (Liberated Sài Gòn) newspaper that he went to the police headquarters of Ward 12 to submit an application for temporary residence registration for a tenant.

After receiving his application, the ward officer guided him about the registration of a national public service account to submit online documents for the next time.

KTFA: Vietnam

Henig:  Cashless payments continue to grow in popularity

January, 24/2023 - 13:23

Cashless payment and transaction channels are increasingly popular, with commercial banks, e-wallets and fintech companies promoting the application of technology for online payments.

HÀ NỘI — Using QR codes to process payments has been increasing in popularity over the past 12 months, and the trend shows no signs of slowing down.

Cashless payment and transaction channels are increasingly popular, with commercial banks, e-wallets and fintech companies promoting the application of technology for online payments.

Many customers now choose cashless payments, the most popular being a payment card, followed by scanning a QR code and transferring money.

KTFA:   Vietnam

Vietnamese economy greatly open, full of vitality: Chinese ambassador

January, 21/2023 - 15:23

In terms of trade ties, the ambassador said despite impacts of the COVID-19 pandemic, bilateral trade in the first 11 months of last year exceeded $210 billion, and the whole year’s figure is expected to surpass the $230 billion recorded in 2021, which is a highly encouraging result.

HÀ NỘI — Chinese Ambassador to Việt Nam Xiong Bo has highlighted the significance of the Lunar New Year (Tết) festival, the comprehensive strategic cooperative partnership between the two countries, and their cooperation prospects for 2023.

In an interview granted to the Vietnam News Agency on the occasion of New Year 2023, he quoted late Vietnamese President Hồ Chí Minh as saying that Việt Nam and China are “both comrades and brothers”.

KTFA: Vietnam

Henig:  Colours of Vietnamese economy in 2022 and 2023 outlook

January, 22/2023 - 07:36

In 2022, Việt Nam has emerged as a stronger, more resilient economy. It recovered strongly from the low "base" two years ago to shine a light in a world of challenges and uncertainties.

Võ Trí Thành*

Despite the negative impact of the COVID-19 pandemic, Việt Nam has seen an economic growth trajectory different from the general picture of the world economy over the past years.

KTFA: Vietnam

Henig:  Vietnam’s top 10 socioeconomic developments in 2022

06:00 | 21/01/2023

(VEN) - Vietnam overcame difficulties induced by COVID-19 and achieved significant economic growth in 2022. Vietnam Economic News has compiled a list of the country’s 10 most outstanding socioeconomic developments of the year.

1. GDP grows an estimated 8.02 percent – a 10-year record

According to a General Statistics Office of Vietnam report, Vietnam’s gross domestic product (GDP) reached US$409 billion, an estimated increase of 8.02 percent compared with 2021 – a record annual GDP growth of the 2011-2022 period.

The economy grew in all three major sectors: agro-forestry-fishery: 3.36 percent; industry and construction: 7.78 percent; and services: 9.99 percent.