AsemconnectVietnam - Vietnam aims to promote agricultural exports to Africa. Vietnam sees ebullient growth in digital banking, and payment channels. Thanh Hoa steps up sci-tech application in agricultural production. Nam Dinh pledges support for Singaporean investors.

Vietnam aims to promote agricultural exports to Africa
Africa has remained a silver lining in trade between Vietnam and the world, Deputy Minister of Foreign Affairs Ha Kim Ngoc affirmed at a seminar held by the foreign ministry on November 1.
The official elaborated that in the first nine months of this year, trade between the two sides went up 4.7% to 4.35 billion USD, while that between Vietnam and the world dropped nearly 11% year-on-year.Vietnam has many favorable conditions to promote the export of agricultural products to Africa, he said, stressing Vietnamese Party and State high-ranking leaders are also interested in enhancing economic cooperation with the region.With a population of some 1 billion, Sub-Sahara Africa would be a promising market for Vietnamese agricultural exports, he said, suggesting Vietnamese managers and firms take appropriate measures to promote products in the market effectively, apart from raising competitiveness in terms of price and quality.
Vietnam sees ebullient growth in digital banking, payment channel: UOB report
There is an increasing preference for digital banking and new payment modes such as mobile banking apps, e-wallets, QR code-based payments, e-commerce payment platforms and mobile wallet debit or credit cards among Vietnamese consumers, the United Overseas Bank (UOB) said in its report “ASEAN Consumer Sentiment Study" (ACSS) which was launched on November 1.
Paul Kim, Head of Personal Financial Services at the bank, stressed that as the Vietnamese consumers become more digitally proficient, there is a surge in the use of mobile apps; however, when it comes to complicated transactions such as high-value transactions, restructuring of bank loans and insurance purchase, they prefer offline channels.
Thanh Hoa steps up sci-tech application in agricultural production
The south central province of Thanh Hoa has studied and applied scientific and technological advances into agricultural production and actively engaged in the fourth Industrial Revolution to serve socio-economic development in a fast and sustainable way.Considering science-technology as one of three breakthroughs to concretise the Resolution adopted at the 19th provincial Party Congress, the local authorities at all levels have worked to make science-technology a locomotive to improve productivity and products’ quality.An array of large-scale advanced production models have been developed across the province, bringing higher economic efficiency.More than 34,400 hectares of land have been zoned off for large scale production with the application of state-of-the-art technologies, while over 80,000 hectares of crops are being cultivated under value chain.
Every four among five consumers use e-wallet at least once a week and introduce the wallet to others. Momo was the most used e-wallet by Vietnamese, followed by ZaloPay and VNPay.
Nam Dinh pledges support for Singaporean investors: provincial leader
The northern province of Nam Dinh commits to creating favourable conditions, simplifying administrative procedures, and providing support in the framework of the State regulations for Singaporean investors, Secretary of the provincial Party Committee Pham Gia Tuc has said. Hosting a reception for a delegation from the Singapore Business Federation (SBF) on November 1, Tuc highlighted the success of businesses is the province’s success, and said he considered foreign investors honourable citizens of the locality.Nam Dinh boasts huge potential to lure foreign investments thanks to its strategic position in the south of the Red River Delta, long coastal line, high-quality human resources, stable economic growth, competitive production costs, and good transport infrastructure, he said. Large Singaporean groups are studying investment models in the province, including Vietnam – Singapore Industrial Park JSC and Sunrise Material Group.
T.Huong
Source: Vitic/VNA