Money

The digital sector is planned to account for 30 per cent of GDP by 2030 According to Minister Hung, electronic payment is the cornerstone for moving to a digital economy. Specifically, mobile money is the most efficient means for electronic payments to reach the whole population, even the remote or rural areas where the majority of the population is unbanked. "Currently, the last procedures are being finished so that a pilot license for mobile money will be issued at the beginning of October. We believe the new mechanism will create a significant push to support digital transformation on a national scale,” said Hung. According to the minister, for people to take the leap of faith into a digital world, network safety and security must be ensured. “COVID-19 has presented us with several obstacles and hurdles. However, the pandemic will pass. What matters is who will seize the chances presented by COVID-19, who will adapt the swiftest and modify their business model in order to …

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YouTubers can make money if they have one million or more followers. Can theatres and art troupes do this? Minister of Culture, Sports and Tourism Nguyen Van Hung This was the question raised by Minister of Culture, Sports and Tourism Nguyen Van Hung at a forum on "The impact of the Covid-19 pandemic and the drastic actions by the culture, sports and tourism sector". Le Minh Tuan, Deputy Head of the Department of Performing Arts, said the pandemic has become so serious that it has gone beyond a traditional crisis. It has posed challenges to the performing arts. However, the agency has changed the way of thinking and approach in performing art works. It has encouraged art troupes across the country to arrange and perform art programs with attractive content, eye-catching design and reasonable duration on technological platforms, such as YouTube and other social networks to attract a large audience. The head of the Ministry of Culture, Sports and Tourism (MCST) recognized …

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When worldwide players are still eager for Made-in-Vietnam Axie Infinity, other Vietnam's blockchain game projects will be released in the near future. 9D NFT While most blockchain game projects are developed by experienced studios, 9D NFT project was created by a game distributor named Gosu, the publisher of Age of Wushu and Ngao Kiem Vo Song in Vietnam. Gosu revealed the first information about this project - a role-playing game - in late August. The developer raised tens of thousands of USD of capital in September. The Alpha Test scheduled on September 25 has been postponed and Gosu is still promoting this project. DeathRoad DeathRoad is a racing game with simple rules and graphics, developed by a team of four Vietnamese experts. The developer aims to build an open ecosystem for DeathRoad until the second quarter of 2022. Initial decentralized exchange offering (IDO) has been held. The virtual currency of the game, called Drace, is …

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Doctors and nurses across the nation join hands in the fight against COVID-19. (Photo: VNA) Hanoi (VNA) – In response to Party General Secretary Nguyen Phu Trong’s appeal for greater national solidarity to fight COVID-19, Vietnamese people inside and outside the country have supported the work of the Party, Government, and administrations at all levels and sectors in pandemic prevention and control. To date, donors, businesses, entrepreneurs, collectives, and individuals at home and abroad have not only participated in but also contributed money, medical equipment and supplies and food, with a total value of tens of thousands of billion Vietnamese dongs to efforts to the prevention and control of the pandemic and the protection and care for people’s health. Despite their own difficulties, many overseas Vietnamese have collected and sent medical supplies, food and cash to the home country; shared experience in pandemic prevention and control; and even volunteered to join …

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Vietnam continues to remain an attractive investment destination in the long term. Foreign Direct Investment (FDI) commitments during the first nine months of 2021 rose by 4.4% year-on-year to US$22.15 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Production at YPE VINA in Binh Xuyen 2 Industrial Park, Vinh Phuc Province. Photo: Hoang Hung Meanwhile, the serious Covid-19 situation in southern provinces/cities has led to temporary disruption of production and a reduction of 3.5% year-on-year in FDI disbursement to around $13.28. billion. Principal Country Economist of the ADB in Vietnam Nguyen Minh Cuong said the pandemic and subsequent restriction measures are wreaking havoc on businesses as a whole, including foreign companies. Cuong, however, noted for foreign businesses, any investment decision into a country would take into account long-term considerations, and they are rarely fazed by …

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Traditionally, a wedding of Cham Muslims in the Mekong Delta province of An Giang lasts for three straight days, with a range of different rites and rituals involved. As of today, the ceremony has been shortened to last from the evening until the next morning. While in the past the groom would live with the bride’s family after marriage in line with the matriarchal social system of the Cham people, modern couples are given more freedom to choose their most convenient home. At the wedding, the bride and groom would put on the colorful traditional costumes of their people despite modern development. Cham weddings have also amazed outsiders with their tranquility and coziness due to the fact that no alcoholic drinks are allowed according to Islamic teachings. All the beauty and homeliness of a Cham wedding can be observed through the ‘groom procession’ ceremony in the nuptials between Amine Saly and Sari Yan in Chau Phong Ward, Tan Chau District, An Giang Province. Below are …

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To date, donors, businesses, entrepreneurs, collectives, and individuals at home and abroad have not only participated in but also contributed money, medical equipment and supplies and food, with a total value of tens of thousands of billion Vietnamese dongs to effort to the prevention and control of the pandemic and the protection and care for people’s health. Despite their own difficulties, many overseas Vietnamese have collected and sent medical supplies, food and cash to the home country; shared experience in pandemic prevention and control; and even volunteered to join the frontline against the pandemic. Up to now, overseas Vietnamese have sent more than 60 billion VND (2.6 million USD) to assist the country, along with medical equipment and products. In addition, nearly 30 Vietnamese associations in France, the U.S. and Canada have launched such campaigns as “Join hands for Vietnam” and “10,000 doses of vaccine for Vietnam” around the world. These noble gestures all come …

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Vietnam Airlines completes longest flight for transporting vaccines A flight of Vietnam Airlines transporting COVID-19 Abdala vaccine from Cuba to Vietnam safely landed at the Noi Bai International Airport on September 26. With a total length of more than 17,000 km, and 20.5 hours of flying, this is the longest flight so far that Vietnam Airlines has operated to transport vaccines. The vaccines on the flight, which used wide-body aircraft Boeing 787-9, were kept in specialized equipment, and handed over to the authorized agency immediately after landing. Cuba's Abdala vaccine is considered one of the world's most effective COVID-19 vaccines. Previously, the Ministry of Health had conditionally approved this vaccine for emergency use in preventing and controlling the COVID-19 pandemic in the country. As a national flag carrier, Vietnam Airlines plays a key role in transporting COVID-19 vaccines. Since early 2021, with its fleet and extensive network of routes, …

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The situation of orphans has triggered concerns about the long-term support for their lifelong interests. More than 1,500 children in Ho Chi Minh City have lost their parents due to Covid-19 and the number will likely increase when details from other provinces are available, triggering concerns about the way to treat them to ensure that they will receive as much care and love as possible after big losses. Vulnerable children in Ho Chi Minh City receive support from the youth union. Photo: HCMC Youth Union N.T.L, 20, and her brother, 17, living in path No.118, Ben Phu Dinh, Ward 16, District 8 remain in shock after the death of their mom and two aunts. The day when they returned home from hospitals, the cozy atmosphere was no longer there with the absence of some of their dear ones. All six family members were infected with the virus and treated in six different hospitals. After some time, half of them never came home again. “I was grieving at the death of …

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Senior Lieutenant Colonel Huynh Quang Tuyen at the press brief (Photo: SGGP) In the afternoon of September 27, the Ho Chi Minh City Steering Committee for Covid-19 Prevention and Control coordinated with the Central Propaganda Department to hold a press conference to provide information on the pandemic development in the city. At the conference, Deputy Head of the city Steering Committee for Covid-19 Prevention and Control Pham Duc Hai said as of September 26, HCMC has recorded approximately 372,202 Covid-19 infection cases and 122 deaths announced by the Ministry of Health. Senior Lieutenant Colonel Huynh Quang Tuyen said that in the past time, the Ho Chi Minh City Police Department has stepped up the management of the area, grasping the situation with the attention of those who take advantage of the prevention and control of t he Covid-19 epidemic to illegally distribute vaccines as well as illegal trading of medical supplies and equipment for epidemic prevention and …

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