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Digital transformation facilitates retail growth

Friday, 09:30, 09/07/2021 According to General Statistic Office, in the first six months of 2021, total retail sales of goods and services went up 4.9% compared to the same period in 2020 to VND2,463.8 trillion (over US$107 billion), of which goods retail revenue hit VND1,985.4 trillion, up 6.2%. According to economists, the results could be attributed to the fact that the people, household businesses and firms have been quick to adapt their business operation to the new normal situation amid the pandemic and actively apply technological solutions in trading and payment. This means digital transformation has played a important role in promoting the growth of the retail sector in particular and maintaining stability for the business community in general.

Korean businesses interested in Vietnamese market: Forum | Business

Illustrative image (Photo: VNA) Hanoi (VNA) – The Vietnam – Korea Business Forum with the theme of “Cooperation for a sustainable future” was held virtually on July 8. Co-organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Korea International Trade Association (KITA), the event focused its discussions on bilateral investment cooperation, especially in the fields of information technology, electricity, renewable energy, education and smart city development. Speaking at the event, VCCI Vice Chairman Hoang Quang Phong said the Republic of Korea (RoK) is an important economic partner of Vietnam and has taken the lead in terms of foreign investment in the Southeast Asian country.

VSS proposes increasing assistance for voluntary social insurance holders | Society

The assistance is proposed to increase from the current level of 30 percent to 50 percent of the total premiums for poor holders and from 25 percent to 30 percent for near-poor holders. Others will be entitled to 20 percent, instead of 10 percent at present, according to the The agency expects the raise will help attract more voluntary participants, particular those from poor and near-poor households, with the coverage growing from nearly 1.13 million at the end of 2020 to around 3.6 million by the end of 2025 and 8.9 million by 2030./. VNA

Shortage of workers in Japan under discussions | Society | Vietnam+ (VietnamPlus)

Vietnamese trainees in Japan s Ibaraki prefecture (Photo: VNA) Hanoi (VNA) – Permanent Vice Chairman of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong and Chairman of the Chamber of Commerce and Industry of Fukuroi city in Japan (FCCI) Kinji Mizutani discussed ways to deal with the shortage of labourers caused by COVID-19 pandemic in Japan during their recent talks. As of the late October 2020, the total number of foreign workers in Japan surpassed 1.72 million, up about 65,000, equivalent to a 4 percent increase year-on-year. However, it was a far cry from a 13.6 percent rise in 2019, due to the fact that many foreign trainees could not go to Japan amid the COVID-19 pandemic spreading in many countries.

Hanoi students win medals at 2021 Nordic-Baltic Physics Olympiad | Society

All are in Grade 11 at the Hanoi-Amsterdam High School for the Gifted. First held in 2003, the Nordic-Baltic Physics Olympiad targets high school students in Nordic-Baltic countries. In 2021, due to impact of the COVID-19 pandemic, the competition was organised online in Sweden from May 8-13. This is the first time students from Hanoi have participated./. VNA

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