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Deputy Prime Minister Vuong Dinh Hue, and Minister of Industry and Trade, Tran Tuan Anh, attended the opening ceremony.

Deputy Prime Minister Vuong Dinh Hue, Minister of Industry and Trade, Tran Tuan Anh, and Chairman of Hanoi municipal People’s Committee, Nguyen Duc Chung visit a pavilion at the event.

Addressing the ceremony, Minister Tran Tuan Anh said that Online Friday has been held for the fifth consecutive year and is an important event for the business community to develop solutions towards consumers and build trust in online trade transactions in the context of increasing digital trends.

He noted that, over the past five years, the online shopping festival has seen expansion in the number of participating companies, products, services, and retail sales. The total retail sales during the festival increased from VND160 billion in 2014 to VND1,223 billion in 2017.

The Online Friday event has also contributed to promoting the development of electronic commerce and the digital economy in Vietnam, Anh added.

During the festival from November 30 to December 9, carriers such as VNPost, Nijavan, Lalamove, Snailship and others will coordinate with retailers to offer free or discounted delivery costs.

Moreover, 20 commercial banks will accompany consumers during the event to support them with cashless payments and other card services.

ASEAN countries sign first agreement on e-commerce

Economic ministers from the Association of Southeast Asian Nations (ASEAN) on November 12 signed an agreement to facilitate cross-border e-commerce transactions within the region.

 

2018 – Golden time for e-commerce

 

 

Experts discuss modern medical payments in Vietnam

Domestic and international experts gathered at a workshop held by the Ministry of Health and the World Bank in Hanoi on October 9, to discuss measures to boost diagnosis-related group (DRG) payments in Vietnam.

 

Non-cash payments encouraged

(BGO) - Giang living at Nguyen Khuyen street, Xuong Giang ward, Bac Giang city, Bac Giang province often uses card payment as shopping. She uses card payment for purchasing stuff like television or clothes and even for taxi fees. She said, “It is very convenient to use card payment especially when going business or traveling that helps to ease worry about losing cash”. 

 

Source: NDO