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Shopkeepers, petty merchants go digital Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 02/03/2021
11:29 GMT+7 Amid the Covid-19 pandemic, after 20 years of trading goods in traditional way, shopkeepers and petty merchants have begun to sell products online. Dung, the owner of a grocery in Thanh Cong Market in Hanoi, said: “Buyers now just stay at home and place orders with their smartphones to get products at their home. Dung shifted to a new online sale method one year ago. Online petty merchants are informed about orders via app and prepare the goods before delivery people come and take them away. Online payment is used for many orders. ....
When the state budget once walked a tightrope Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 16/02/2021
15:00 GMT+7 Vietnam has been making efforts in recent years to consolidate its fiscal situation to help create a wealthy financial system and a healthy macro economy. Before the end of the 13th National Assembly (NA) term five years ago, NA chair Nguyen Sinh Hung expressed his concern about the risks for the national financial system. Hung, who was the Minister of Finance, understood well how expansionary fiscal policy, excessive public debts, and massive ineffective public investments would affect national financial stability and the macro economy. ....
Billionaires win big on pre-Tet days Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 03/02/2021
10:30 GMT+7 The enterprises of billionaires Pham Nhat Vuong, Ho Hung Anh, Nguyen Dang Quang and Nguyen Thi Phuong Thao have reported good business results for 2020. Nguyen Dang Quang Masan Group fulfilled its business plan set by the shareholders’ meeting with consolidated net revenue of VND77.218 trillion, up by 107 percent from 2019 and net profit of VND1.234 trillion to be allocated to shareholders. Nguyen Dang Quang Masan’s revenue increased sharply thanks to the admission of VinCommerce in early 2020. However, as the supermarket chain still incurred a loss, the group’s profit decreased considerably compared with the year before. VinCommerce for the first time had a positive EBITDA ....
Vietnam seeks to avoid middle-income trap before time runs out and population ages Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 18/01/2021
10:00 GMT+7 Vietnam has become richer, but it remains a lower middle-income country facing a risk of being left behind. It aims to become a high-income country by 2045. “We need to make right and timely decisions, because time is gold and it is also our enemy,” said Minister of Planning and Investment Nguyen Chi Dung at a conference reviewing the 2016-2020 period. He said that Vietnam’s position and power has improved considerably, but the risk of falling into the middle-income trap still exists. ....