Hanoi Promotes Cashless Payment, E-commerce

Hanoi plans to promote cashless payments as part of efforts to develop e-commerce in the capital.

Under a plan recently issued by the municipal People’s Committee, the capital city targets that 90 per cent of modern retailers and water, electricity and telecommunications services providers together with 25 per cent of petrol stations would accept cashless payments by the end of this year.

The move aims to strengthen online shopping to gradually change consumers’ shopping habit from traditional to modern channels.

The capital city will also encourage the application of e-commerce in business and start-ups, with a focus on improving the logistics system to boost e-commerce development.

The city wants 75 per cent of internet users to shop online by the end of this year, up 7 per cent against 2019. It would also want all safe food chains joining the payment system using QR Code for origin traceability.

Online services in transportation such as booking, ticket purchase and ride-hailing as well as online education, health care and communications activity would also be promoted.

The platform for safe agricultural products in Hanoi at www.chonhaminh.gov.vn will continue to be updated.

The city asked the municipal Department of Industry and Trade to work with the Trade Promotion Agency and Amazon Global Selling to provide instruction to small firms to do business on the Amazon.com platform.

According to the Vietnam E-commerce Association, Hanoi ranks second after HCM City in the e-commerce business index with a score of 84.3. The capital city hopes to maintain the position this year.

http://bizhub.vn/tech/ha-noi-promotes-cashless-payment-e-commerce_314592.html

 

Category: Finance, Vietnam

Print This Post

RECENT NEWS

Reference Exchange Rate Down 5 VND On August 27

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on Aug... Read more

VietCapital Bank Submits To Issue 38m Shares

Intellasia East Asia News Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) (UPCoM: BVB) had just released ... Read more

Payment Via Mobile Banking Increases By Nearly 180pct In H1

Intellasia East Asia News Sharing at the workshop on “Promoting non-cash payments in businesses” held by Dien dan ... Read more

Banks Heat Up Digital Transformation Race

Intellasia East Asia News The 4.0 Industrial Revolution is making a comprehensive change to the way of providing produ... Read more

Outlining Deep Scrutiny Of HSBC Vietnam Bond Activity

Intellasia East Asia News Vietnam’s corporate bond market presents a good channel for capital mobilisation, even if ... Read more

VIB Prepares For The Unusual General Meeting Of Shareholders

Intellasia East Asia News The Board of directors of International Commercial Bank (VIB) has just announced a resolutio... Read more