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According to the report, between 2009 and May this year, the police found 53.5 traffic violations and issued fines of VND24 trillion (USD1.1 billion); revoked 3.4 million driving licenses and detained 15.3 million vehicles. The report showed the number of private vehicles increased by 10-15% annually in the big cities of Hanoi, HCM City, Haiphong and Danang. By April this year, some 4.1 million cars and 60 million motorbikes were registered nationwide. Over the past decade, the country witnessed 326,299 road traffic accidents, killing 97,721 people and wounding 329,756 others. “Nearly 10,000 people in Vietnam die of traffic accidents every year on average with the majority of them of working age,” the ministry said. As many as 18,736 traffic accidents occurred in Vietnam in 2018, leaving 8,248 dead and 14,802 injured. The country has set a target to cut the number of traffic accidents, deaths and injuries by 5-10% this year. … [Read more...] about Traffic accidents kill nearly 100,000 people in Vietnam

Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

Many tour operators have launched attractive tours such as "Four Holy Places" by Gotadi, including four Buddhist sacred places, marking four important events in the life and teachings career of Buddha Shakyamuni. This tour with the support of Gotadi and Hương Giang Aviation, the representative of an Indian Airline IndiGo in Việt Nam, currently only cost VNĐ25 million for Vietnamese tourists. … [Read more...] about Vietnam – India culture and tourism: Chicken lays golden eggs

Politburo member, Prime Minister Nguyen Xuan Phuc, on behalf of the Political Bureau, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report summarising the implementation of the socio-economic strategy in the 2011-2020 period and the building of a socio-economic development strategy for the 2021-2030 period; the draft report on the socio-economic situation in the 2016-2020 period and the socio-economic development plan for the 2021-2025 period. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13