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Nov 2017
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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

CAREER OPPORTUNITIES

SUPPLY CHAIN MANAGER - Detmold Packaging

This role is key member of DPV management team with participation in the development and implementation of strategies to achieve superior, sustainable business outcomes.

PROCUREMENT EXECUTIVE - PHILIP MORRIS

1. PURPOSE OF THE JOB:

Briefly summarize the job's overall purpose or role. What is it expected to be achieved?

Provide overall the support and co-ordination of the procurement & logistics and other related functions.

Ensure the procurement process which fully integrated with the business and the supply market place in a cost effective manner whilst fully comply with relevant PMI & VPM Branch P&P.

Cordinate with VPM to ensure a logistic system which fully integrated with production activities in an effective, efficient manner whilst fully comply with custom regulation and VPM Branch requirements. 

 

2017 Management Trainee
DHL Supply Chain - a business unit of DHL Global, is the global market leader in contract logistics, providing warehousing, managed transport and value-added services at every link in the supply chain for customers in a variety of industries.

VIETNAM TO BECOME CASHLESS SOCIETY BY 2020

2017-10-16 10:32:39

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VIETNAM TO BECOME CASHLESS SOCIETY BY 2020

 

 

Vietnam's Deputy Prime Minister Vuong Dinh Hue recently greenlit an ambitious policy that encourages Vietnamese to drop cash in favor of electronic payment methods.

The plan aims to bring the country’s payment habits into the digital age, one that would improve electronic payments, tax evasion control, financial inclusion, access in rural areas and efficiency, reports VietnamPlus.

According to the news source, by 2020, the government expects cash payments to account for less than 10% of total market transactions as all supermarkets, shopping malls and distributors will be equipped to receive credit cards. In addition, 70% of utilities – water, electricity and telecommunication service providers – will also accept electronic payment methods. The goal for the above tactics is to have 50% of urban Vietnamese households using such payments for their daily transactions.

To further reinforce a shift to a less cash-focused society, the policy stipulates that 70% of Vietnamese over 15-years-old should have bank accounts by the end of 2020.

Though no specific start date has been announced for the new policy, Le Xuan Nghia, a member of the National Advisory Council on Finance and Monetary Policy, advised that it should be implemented in the very near future. He noted, however, that it would take three to four years to address a few final hurdles – particularly online security issues and the establishment of an automatic payment center by the State Bank of Vietnam to connect paying customers, businesses and commercial banks.

Once the infrastructure is in place, Nghia told the press that the government would consider imposing fees on cash transactions while reducing those of electronic ones.

Nghia conceded that there are some demographics, such as payment collectors and low-income groups, that would not benefit as much from a switch to electronic payments.

There’s much work to be done to reach the 2020 targets. Despite the increasing number of businesses that accept credit cards, from 2010 – 2016, such payments declined by only 2%, according to Vietnam News.