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With the launch of its revamped offering, Kredivo and VietCredit are pioneering by providing a very unique product in the Buy Now Pay Later space across the country. It is in line with its ambition to bring innovative payment solutions for the benefit of the Vietnamese people. In the last few years, Vietnam's e-commerce has experienced unprecedented growth and evolution, becoming one of the fastest-growing digital economies in Southeast Asia. It is expected to become one of the largest digital economies over the next few years. According to the Vietnam E-commerce Association, e-commerce grew by more than 20 per cent in 2021 and is valued at $16 billion. Market growth and potential rely on solid fundamentals, including a large and young population, high internet and mobile devices usage, and a high online purchase frequency. To sustain and increase the industry’s development rate over the coming years, the Vietnam e-commerce ecosystem has to solve some structural bottlenecks, … [Read more...] about Kredivo introduces its newest Buy Now Pay Later offer

Entrepreneurs remain inspirations for Vietnamese youth According to the report, over 23 million (25 per cent) of the population are youth aged 16 to 30. Of them, 43 per cent want to become entrepreneurs, followed by working in the media and communications (37 per cent), education (22 per cent), technology (20 per cent), NGO and government (17 per cent), and financial sectors (11 per cent). Only a small proportion of the respondents seek careers in transportation (8 per cent) and energy (5 per cent). It is worth noting that while there is an increasing demand for digital skills in the country, these were the least cited among the skills that need development. Instead, around half of the young people surveyed would like to further gain self-leadership (53 per cent) and interpersonal skills (48 per cent). This is followed by reskilling in cognitive and advanced digital skills (37 per cent) and basic digital skills (28 per cent). Vietnam is also undergoing a shift from a … [Read more...] about Entrepreneurs remain inspirations for Vietnamese youth

Vietnamese airlines are suffering losses amounting to hundreds of billions of VND each month due to a surge in fuel prices, according to director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang. Illustrative image (Photo: VNA) At a conference of the Transport Ministry reviewing its work in the first half of the year on June 28, Thang said as fuel costs account for 40-50% of operation costs, revenues increases are not sufficient to compensate for high fuel prices. He said domestic aviation transport has fully recovered with higher growth than in the pre-pandemic period. However, Vietnamese carriers have not fully escaped difficulties due to the slow recovery of the international market. It was reported at the conference that in the first half of the year, the number of international air passengers has increased monthly, from 103,500 in January to 127,000 in February, 224,600 in March, 445,700 in April, 650,000 in May and an … [Read more...] about Domestic air transport sees fast recovery, airlines suffer loss due to rising fuel prices

Hungarian parliament speaker Laszlo Kover told the chamber Magyars abroad were 'in a bitter struggle to survive'. (AFP/GERGELY BOTAR) The Treaty of Trianon, signed in Versailles, France, in 1920, defined the country's new frontiers after the dissolution of the defeated Austro-Hungarian empire. Hungary was not only forced to sign away vast swathes of territory, but also half its multi-ethnic population. Church bells rang out around Hungary for 100 seconds at 4.30pm, the exact time the treaty was signed. In Budapest public transport was halted and many observed a minute's silence, while other commemorations took place nationwide. The treaty meant that at a stroke, more than three million ethnic Hungarians - or Magyars - became part of neighbouring states, along with key economic resources and cultural sites. Although during World War II Hungary temporarily took back some of the territory with Nazi Germany'S help, the borders have remained unchanged since 1947. The … [Read more...] about Hungary marks 100 years since post-WW1 treaty losses

All agencies are asked to continue administering booster doses for those 18 and above, and to complete second doses for those aged 5-11 in August. VNA/VNS Photo. HÀ NỘI — There were 769 new COVID-19 infections recorded across Việt Nam on Tuesday, an increase of 132 new cases from Monday. The figure brings the total number of infections in the country to 10,744,854. All the new transmissions were domestic. Hà Nội again topped the country, with 158 new infections. The remaining cases were recorded in Phú Thọ (62), Nghệ An (54), Bắc Ninh (40), Sơn La (40), Đà Nẵng (38), HCM City (32), Yên Bái (32), Lào Cai (27), Quảng Ninh (26), Hòa Bình (26), Hà Nam (21), Vĩnh Phúc (21), Bắc Kạn (17), Hưng Yên (16), Tuyên Quang (15), Cao Bằng (14), Thái Bình (13), Hải Dương (13), Quảng Bình (12), Ninh Bình (11), Thái Nguyên (11), Nam Định (11), Hải Phòng (9), Quảng Trị (8 ), Thanh Hóa (7), Khánh Hòa (6), Lạng Sơn (5), Lâm Đồng (5), Bà Rịa - Vũng Tàu (4), Điện Biên (4), Bắc Giang (3), Lai Châu … [Read more...] about 769 new COVID cases reported on Tuesday

The Hoa Lo Prison relic site, an attraction in Hanoi’s Hoan Kiem district. (Photo: VNA) Hanoi (VNA) - The prejudice that young people have turned their backs on history has been around for a while. However, the huge interaction on the Facebook pages of Hoa Lo Prison relic site and of a 26-year-old video editor has proven a completely different fact, that is many young people do not turn away from history, but are naturally and effectively spreading their passion for and discovery of the core values from different periods in the nation's history among people of their generations. From contents imbued with imprints of Gen Z… Since the beginning of 2021, the Facebook page of the Hoa Lo Prison relic site – once the French Maison Centrale (meaning central prison), now a tourist attraction in downtown Hanoi – has regularly published posts that quickly went viral. Their contents cleverly blend the humour of the Generation Z (who born between the late 90s and early 2010s) and … [Read more...] about Young generations tell vivid historical stories

Livestock farmers feeding their pigs. — Photo tuoitrethudo.com.vn Livestock feed prices have increased five consecutive times since early 2022 and the six is to come in July. Koji Inoue, general director of the Kyodo Sojitz Animal Feed LTD has informed his agents about imminent price adjustments. Specifically, the company planned to raise prices of its feed for piglets by VND400 per kilo and feed for other livestock by VND300 per kilo from July 1. It underscored volatile input costs as the main reason behind the decision. CJ Vina Agri LTD followed suit with identical adjustments. CJ Vina Agri said it had to raise feed prices to offset higher input costs since input materials have been fluctuating widely price-wise. Other feed producers also got in on the act by adjusting up their product prices by around VND300-400 per kilo. An agent in Tra Vinh Province estimated that feed for piglets would reach VND510,000-530,000 per bag, feed for pigs VND375,000-415,000 per bag and … [Read more...] about Feed prices to increase in July

Minister of Natural Resources and Environment Trần Hồng Hà gives a speech at the conference. — VNA/VNS Photo Tuấn Anh HÀ NỘI — The Ministry of Natural Resources and Environment on Tuesday chaired a conference to discuss a national action plan for Việt Nam's circular economy. Speaking at the conference, Minister of Natural Resources and Environment Trần Hồng Hà said that climate change, environmental pollution and natural ecosystem decline were crises for humanity today. Last month, the World Meteorological Organisation released four key indicators of climate change, including greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification. The indicators set new records in 2021, showing that human activities are causing planetary-scale changes on land, in the oceans, and in the atmosphere, with serious and lasting consequences for sustainable development and ecosystems. “This is the consequence of the unsustainable model: resource extraction - production - … [Read more...] about National action plan for circular economy to be set up

CPP President and Prime Minister Hun Sen (Photo: VNA) Hanoi (VNA) - The Communist Party of Vietnam (CPV)’s Central Committee has sent a congratulatory message to the Cambodian People’s Party (CPP) Central Committee on its 71st founding anniversary of the CPP (June 28, 1951-2022). In the message, the CPV and Vietnamese people congratulated the CPP and Cambodians on great achievements they recorded across spheres in the past time, and congratulated the CPP on its victory in the recent commune/ ward council elections. “We believe that with the tradition and achievements, the Cambodian people under the leadership of the CPP will continue to reap new, greater attainments in implementing the Party’s Platform for the 2018-2023 period and the Rectangular Strategy – Phase 4 of the Cambodian Government, successfully build a Cambodia of peace, independence, democracy and social progress,” the message read. The Vietnamese Party, State and people are very pleased at and proud of the … [Read more...] about Congratulations to Cambodian People’s Party on founding anniversary

Read what is in the news today: Society -- Drug-fighting police force solved more than 10,000 cases of drug crimes across Vietnam, arresting over 16,000 suspects and seizing 397 kilograms of heroin, 838 kilograms of synthetic drugs, and 71 kilograms of marijuana in the first half of this year, according to the Drug Crime Investigation Police Department. -- The administration of Noi Bai International Airport has advised people to travel by public means of transport to the Hanoi-based aerodrome to prevent congestion as its number of daily passengers has surpassed 90,000 this month and is projected to exceed 110,000 in July. -- The Department of Natural Resources and Environment of south-central Ninh Thuan Province is working to fine the investor of Phuoc Nam Industrial Park in Thuan Nam District for illegally exploiting 5,000 cubic meters of land during the construction process. -- Vietnam Cyber Range, a system for practical training and testing of cyber security personnel, … [Read more...] about Breakfast @ Tuoi Tre News — June 29