Small business promotion authorities from Asia-Pacific Economic Cooperation (APEC) economies are deepening cooperation to break down barriers hindering the development and competitiveness of women-led businesses.
The governor of the State Bank of Việt Nam has set up a steering committee to boost financial technology, or fintech, in the country.
The competition between shopping websites has now switched focus from prices to rapid delivery.
As many as 110 small and medium-sized enterprises (SMEs) from Việt Nam participated in a conference in Singapore last Friday to seek business and investment opportunities in this foreign market.
Việt Nam has the highest proportion of female CEOs in the Asia Pacific region at some 25 per cent, much higher than the world average of 10 per cent.
E-commerce activities have developed strongly in Việt Nam in recent years with an average revenue growth rate of 22 per cent per a year.
At the beginning of last year a woman named H. in HCM City transferred a total of VNĐ10 billion (US$437,800) in several times to a man she met on social media upon his request. She later realised it was a scam.
The Prime Minister recently ratified a project to stimulate non-cash transactions in 2016-20 with a view to reducing the cash transactions rate to under 10 per cent.
Winning consumers’ trust and developing a business reputation is one of the major challenges toward online business development, experts said at the Việt Nam Online Business Forum – VOBF 2017 in HCM City yesterday.
An agreement to enhance trade linkages and foster sustainable, inclusive and innovative growth marked a positive wrap-up to the first Senior Officials’ Meeting (SOM 1) and other related APEC meetings yesterday.