04:19 (GMT +7) - Saturday 20/07/2019
Vietnam House celebrating 2nd anniversary

Biz Traveler 19/7/2019

Vietnam House celebrating 2nd anniversary

Special anniversary set dinner menu from Chef Luke Nguyen available from July 23 to 27.

Home Credit introduces new payment feature

Lender's new in-app feature allows loan installment payments with AirPay e-wallet.

1

Hoi An tops Travel + Leisure's world's best cities list

Top place based on survey of site's readers.

2

Wee Digital growing face recognition

Startup developing face recognition technology for a host of different fields.

3

VPBank issues $300mn in international bonds

Vietnamese bank successfully prices bonds under $1bn EMTN Program.

4

Fiingroup: Cold chain logistics on the rise

Robust expansion of modern trade retail and food service chains set to boost domestic cold chain logistics, according...

5

NA Chairwoman makes China visit

Ms. Nguyen Thi Kim Ngan meets senior Chinese leaders during official visit from July 8-12.

6

JW Marriott Phu Quoc Emerald Bay recognized in Travel + Leisure awards

Phu Quoc resort named the best resort in Asia at Travel + Leisure World's Best Awards 2019.

7

Furniture brands focusing on customers

Local furniture brands are switching to business models that allow them to adapt to the demands of local digital...

8

FWD Vietnam launches FWD Online Medicare on Tiki

New online health protection product sold exclusively on Tiki's e-commerce website.

9

Grant Thornton: Digital technologies changing hospitality sector

Most hotels believe integration of technologies into hotel services will impact local hotel market, latest Grant...

10

Op-Eds 18/7/2019

Huge opportunities await foreign telco investors

Huge opportunities await foreign telco investors

Mr. Sesto E Vecchi, Managing Partner at Russin & Vecchi, and Mr. Chu Bao Khanh, Associate, tell VET about the prospects for Vietnam's telecommunications industry attracting foreign investment.

Issue

Digitalization is very much in vogue in Vietnam’s banking sector. Fintech players are throwing out something of a challenge to traditional banks in terms of different services, especially cashless payments. Indeed, a lot is being done all round in regard to cashless payments as this is one of the government’s top priorities and e-commerce will only grow in the future.

Commodities

Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND

NABuySell
EURNANA
GBPNANA
JPYNANA
SGDNANA
USDNANA

Source: Vietcombank

Gold

Unit: milion VND/ounce

Province Buy Sell
SJC NA NA
Ring NA NA

Source: SJC

Weather

Hanoi, vn

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Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa

BUSINESS SPOTLIGHT

Editor’s letter

June 16 was the first “Cashless Payment Day” held in Vietnam and attracted interest from banks, financial companies, and customers in a bid to promote cashless payments... The government has adopted certain measures to promote cashless payments over recent years...
The growth in Vietnam’s middle class and the growing number of internet users has spurred on the digital economy. With such potential in its digital economy combined with bright economic prospects, it’s no wonder Vietnam is becoming a hub for fintech development.
(read more)

The Guide this month sightsees from the sky, visits the “Kingdon of Caves”, looks at the latest attractions in Da Lat, and discovers the names Vietnam has been known as over the centuries...