Customers complete transactions at Vietnam Post Office's business centre in Hanoi. (Photo: VNA)
Hanoi (VNA) – Vietnam jumped fivespots in the latest rankings of the Universal Portal Union (UPU).
The country was ranked 45th among the 172countries and territories in UPU’s Integrated Index for Postal Development(2IPD) with 51.79 points.
In Southeast Asia, Vietnam was placed fourthafter Singapore, Thailand and Malaysia. However, it is noteworthy that Vietnamwas the only country in the region to record year-on-year increases in scoresand rankings, while the other nations saw drops.
In 2018, Vietnam scored 51.73 points and stoodat 50th in the rankings.
According to the Ministry of Information andCommunications, Vietnam has a busy postal market with the participation ofabout 400 enterprises from different economic sectors.
The market has posted a yearly growth of over 50percent over the past few years, with total revenue estimated at about 30trillion VND (1.4 billion USD) in 2018.
The 2IPD provides an overview of postaldevelopment around the globe. The computation of the 2IPD stems from theintegration of UPU postal big data with over 22.9 billion tracking recordssince 2013 checked and analysed, official UPU statistics, and key UPU surveys.
This index offers a benchmark performance score(from 0 to 100) along four dimensions of postal development: reliability,reach, relevance and resilience.
In addition to revealing the relativeperformance of postal operators around the world, the 2IPD sheds light on howto foster postal development and maximize the efficiency of postalinfrastructure. This makes the 2IPD a unique tool for policymakers, regulators,postal operators and other sector stakeholders eager to understand the role ofpostal services in the era of e-commerce./.
A letter about Santa Claus written by an eighth grader in Hai Duong province has won the first prize of the 47th International Letter-Writing Competition for Young People in Vietnam.
A 14-year-old Vietnamese student has won third prize at the 47th International Letter-Writing Competition For Young People, launched globally by the Universal Postal Union (UPU).
The 48th International Letter-Writing Competition for Young People was launched at a ceremony held in Vinh city of the central province of Nghe An on October 12.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Customers complete transactions at Vietnam Post Office's business centre in Hanoi. (Photo: VNA) 
