Vietnam people

60 percent of online orders in Vietnam made on social networks Vietnamese people are shopping on social networks more than on e-commerce websites. The payment methods for goods exchanged on the social networks, however, remains very ‘primitive’. … [Read more...] about New policy is needed to control Facebook in Vietnam

Dak Nong Global Geopark covers an area of more than 4,700 km2, accounting for more than two fifths of the natural area of province and spanning over six out of eight districts and cities of the locality. The geopark can be reached by several routes by land and air, including two international border gates with Cambodia. Characterized by sub-equatorial tropical monsoon and plateau climate, the area features an evenly distributed network of rivers, streams, lakes and reservoirs. About 416,000 people of 40 ethnic groups live in the area, occupied mostly in agro-forestry, trade and services, and small industries. Many archaeological, historical and cultural relics as well as scenic spots are recognized and conserved. Many festivals and traditions celebrated by ethnic cultures, in particular the UNESCO “Gong Culture Space” intangible heritage also contribute to the values of the Geopark. According to domestic and foreign scientists, the geopark has about 65 heritage sites, … [Read more...] about UNESCO honours third Global Geopark in Vietnam

HCM City (VNA) – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong, on November 24, presented the city’s insignia to outgoing Republic of Korea (RoK) Consul General Lim Jae Hoon, who came to bid his farewell. The award acknowledged the diplomat’s contributions to boosting the relations between Vietnam’s southern economic hub and the RoK. At the meeting with Lim, Phong praised his efforts in fortifying the multifaceted cooperation between the city and its Korean partners, contributing to the Vietnam – RoK strategic partnership. The leader said he backs investment projects run by the RoK-based Lotte Group at the local Thu Thiem new urban area and the removal of obstacles facing these projects. As Vietnam will serve as the coordinator of ASEAN-RoK relations next year, Phong hoped that together with other ASEAN nations, it will help step up future cooperation with the RoK./. … [Read more...] about Consul General honoured for contributions to RoK-HCM City ties

“Despite the difficult conditions and the challenges we faced accessing the districts of Hướng Hóa and Đắk Rong after the terrifying floods and landslides, PTVN’s teams still deployed to check, identify and then safely move the bombs,” Hà said. … [Read more...] about Four bombs safely removed from landslide sites in Quảng Trị Province

Interest rates decline further From mid-November this year, most commercial banks simultaneously lowered their deposit rates further, although they had adjusted deposit interest rates many times before. The interest rates for over 12 month-term deposits of many banks have dropped to less than 6 percent per annum. Meanwhile, the interest rates for less-than-six-month terms in some commercial banks have also lowered to around 3 percent per annum, much lower than the ceiling regulated by the State Bank of Vietnam (SBV). The reduction of deposit interest rates has further facilitated commercial banks to offer several preferential interest rate packages for enterprises during the business occasion at the end of the year. For instance, the lending interest rate of business loans for small and medium-sized enterprises applied by Vietcombank is at only 5.9 percent per annum, lower than the 12-month deposit interest rate of some other commercial banks in the market. Agribank has also … [Read more...] about Banks enable credit capital at year’s end