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Vietnam Defines E-Money as Digitally Stored Dong

Vietnam Defines E-Money as Digitally Stored Dong

by Teuvo Tuomi | Jun 3, 2024 | Digitalization, Economy, News, Vietnam

The Vietnamese government has introduced a degree regulating non-cash payments, effective from the beginning of July 2024. The new decree defines e-money as the value of Vietnamese Dong (VND) stored digitally, based on the amount of money prepaid by customers to...
Bangkok Introduces Strict Regulations for Street Vendors

Bangkok Introduces Strict Regulations for Street Vendors

by Teuvo Tuomi | Jun 3, 2024 | Bangkok, Food & Drinks, Infrastructure, Lifestyle, News, Society, Thailand, Trade

To reorganize public spaces and enhance street cleanliness, Bangkok’s Governor Chadchart Sittipunt has announced plans to enforce strict regulations on street vendors within the city, fostering a more orderly and hygienic environment. Under the new regulations,...
Chang-e Lands on the Far Side of the Moon

Chang-e Lands on the Far Side of the Moon

by Teuvo Tuomi | Jun 2, 2024 | Asia, China, Research, Space, Technology

China’s Chang’e 6 has landed successfully on the moon’s far side. With the assistance of the Queqiao 2 relay satellite, the Chang’e 6 landing craft softly settled on the lunar surface in a designated site inside the South Pole-Aitken Basin. The...
Vietnam’s Industrial Production Surges

Vietnam’s Industrial Production Surges

by Teuvo Tuomi | Jun 2, 2024 | Economy, Business, Manufacturing, News, Vietnam

Vietnam’s industrial production index (IIP) grew by 3.9% over April and 8.9% compared to the same period last year, according to the General Statistics Office (GSO). The GSO said the IIP in the first five months soared 6.8% year-on-year. The manufacturing and...
Rising Inflation Likely in the Philippines

Rising Inflation Likely in the Philippines

by Teuvo Tuomi | Jun 2, 2024 | Economy, Energy, Food & Drinks, Inflation, News, Philippines

Inflation in the Philippines may have exceeded the government’s target in May, the Bangko Sentral ng Pilipinas (BSP) reports. The BSP estimates last month’s inflation rate to have settled between 3.7-4.5% compared to 3.8% in April. The price increases have been...
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