Ly Hour Pay Pro Plc, a subsidiary of Ly Hour Group, is keen to integrate its digital payment solutions into the Ministry of Commerce’s CambodiaTrade e-marketplace, the ministry said in a press release on July 28.
Many commercial banks have now extended their credit growth limit for 2021. This could be the best solution offered by the State Bank of Vietnam because currently monetary policies do not have much room and the brunt of reducing lending interest rates is falling on the economy.
VietNam Economic News
Industry promotion activities in many provinces and cities in the southeastern region have been increased in recent years, helping enterprises innovate production technologies and improve product quality to serve the domestic and export markets.
ASEAN is an important import and export market of Vietnam. To minimize impact of the Covid-19 pandemic on trade, Vietnam has devised solutions to overcome difficulties.
National Bank of Cambodia (NBC) director-general Chea Serey was tapped on July 26 as an advisory board member of ASEAN Financial Innovation Network (AFIN) where she hopes to see more Cambodian financial technology (fintech) players and financial institutions (FI) on the API Exchange (APIX) platform.
Having acknowledged the crucial role of technology innovation in production and product quality improvement, the Van Dien Fused Magnesium Phosphate Fertilizer Joint Stock Company (VADFCO) has focused in recent years on applying scientific and technical advances to production, and made the most of workers’ creative ideas to improve working conditions and minimize costs and emissions.
Viet Nam is playing catch-up in a global race to develop its own digital currency and experts believe this will not only help the country develop new technology but also present an opportunity for Viet Nam to join the most technologically-advanced countries.
Accelerating digital transformation and improving technology infrastructure capacity are key to MB Group’s strategic goals for the new period.
Vietnamese leading technology company FPT Corporation (FPT) recorded revenue of VND16.2 trillion (US$704.7 million) and profit before tax of VND2.9 trillion in the first half this year, up 19.2 per cent and 20.9 per cent, respectively over the same period last year.
The Cuu Long (Mekong) Delta province of Bac Lieu is seeking to develop its collective economy, especially co-operatives that use advanced technologies, from now through 2025.