The Business Times: VinaPhone launches mobile money transfer

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• VinaPhone launches mobile money transfer
• Banks slash staff in difficult times
• Real estate bailout package little help to low-income earners
• Vietnam firm to manage tallest building project in Myanmar
• Keeping budget deficit under control
• Firms in dire need of information security personnel
• Mobile network operators blame low 3G quality on low fees
• Steel giant reports large losses in first half
• Vietnam needs to control export volume to enjoy EU’s GSP

VinaPhone launches mobile money transfer Posted: 14 Jul 2013 01:26 AM PDT Mobile carrier VinaPhone has launched a new service that allows users to transfer money by texting. VinaPhone, Bank for Foreign Trade of Vietnam (Vietcombank) and M-Service began the service on July 9, using the existing mobile network of the former. With the MoMo money transfer service in place, users can send or receive money at [...] The post VinaPhone launches mobile money transfer appeared first on Vietnam Business News.

Banks slash staff in difficult times Posted: 14 Jul 2013 01:23 AM PDT Banking was once one of the most popular professions among college graduates as it was believed to offer both high income and stability. That is, until the national economic recession hit. Now, to slow down the trend to get rid of bank staff, the Ministry of Education and Training has asked schools not to open [...] The post Banks slash staff in difficult times appeared first on Vietnam Business News.

Real estate bailout package little help to low-income earners Posted: 13 Jul 2013 09:53 PM PDT The Ministry of Construction has announced a list of 30 projects and several enterprises to benefit from the VND30-trillion (USD1.42 billion) real estate stimulation package, but low income individuals are not yet among them. As a result, 30 projects to build social housing or change commercial housing into social housing would get support. However, the [...] The post Real estate bailout package little help to low-income earners appeared first on Vietnam Business News.

Vietnam firm to manage tallest building project in Myanmar Posted: 13 Jul 2013 09:51 PM PDT Vietnam's Archetype Group has won the project management contract for Diamond Inya Palace, a building set to be the tallest in Myanmar. Located near the Inya Lake, the building will be a residential complex with 34 stories situated on a 120,000sq.m plot. It will have 406 apartments including four penthouses and several facilities like spa, [...] The post Vietnam firm to manage tallest building project in Myanmar appeared first on Vietnam Business News.

Keeping budget deficit under control Posted: 13 Jul 2013 09:49 PM PDT State budget collections in the first six months of 2013 only approximated 40 per cent of full-year projection. Deputy Prime Minister Vu Van Ninh digs in budget situation in the first half of the year and highlights the measures to keep budget deficit not more than 4.8 per cent of the gross domestic product (GDP). [...] The post Keeping budget deficit under control appeared first on Vietnam Business News.

Firms in dire need of information security personnel Posted: 13 Jul 2013 09:48 PM PDT Organizations and enterprises in Vietnam are running short of information security personnel, says a survey by the Vietnam Computer Emergency Response Team (VNCERT). The survey reveals more than half of local agencies, organizations and enterprises do not have their own information security staff. Some 24% of them have to hire professional service providers to help [...] The post Firms in dire need of information security personnel appeared first on Vietnam Business News.

Mobile network operators blame low 3G quality on low fees Posted: 13 Jul 2013 09:46 PM PDT  3G network operators keep complaining about the 3G low quality service, while network operators threaten to raise the service fees. 3G service bad… Luan in Hoang Mai district in Hanoi complained that he cannot use 3G service with his mobile phone when he is at home. "It was okay in the past, and the problems [...] The post Mobile network operators blame low 3G quality on low fees appeared first on Vietnam Business News.

Steel giant reports large losses in first half Posted: 13 Jul 2013 09:43 PM PDT The majority of the Viet Nam Steel Corporation’s (VNSteel) associate companies have reported losses and face difficulties due to the quiet real estate market and lower market prices. The information was provided by Vu Ba On, the corporation’s deputy general director, at a press conference in Ha Noi yesterday. On VNSteel’s output in the first [...] The post Steel giant reports large losses in first half appeared first on Vietnam Business News.

Vietnam needs to control export volume to enjoy EU’s GSP Posted: 13 Jul 2013 09:42 PM PDT Vietnam has been advised to take strict control over the export to the EU market in order to be the long term beneficiary from the EU's Generalized System of Preferences (GSP).   According to Tran Ngoc Quan, Deputy Director of the European Market Department under the Ministry of Industry and Trade, the EU would deprive [...] The post Vietnam needs to control export volume to enjoy EU's GSP appeared first on Vietnam Business News.

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