The first representative is Hoang Tuan Anh, who is known for his rice-dispensing machine (Rice ATM) initiative. This project has been introduced to the world by CNN and Reuters as an effective solution to support people affected by the COVID-19 pandemic, according to the Vietnam News Agency.

Businessman Hoang Tuan Anh (L) and doctor Tran Anh Tu (Photo: NDO)

In early August, the businessman continued to introduce another solution - Oxygen ATM to accompany the community in overcoming the pandemic. His practical initiative has contributed significantly to treating COVID-19 patients.

Last year, he won many noble titles such as the “Typical young citizen of Ho Chi Minh City", and  the "Outstanding Vietnamese Young Face".

Meanwhile, 32-year-old doctor Tran Anh Tu from the department of infectious disease control at the National Institute of Hygiene and Epidemiology has directly participated in a wide range of COVID-19 prevention and control activities in localities nationwide.

He also promoted his knowledge of information technology to offer technical improvement initiatives for raising professional efficiency at grassroots-level medical facilities, contributing to promoting the efficiency of pandemic prevention and control.

Tu is also a member of groups of the Ministry of Health that are responsible for developing documents guiding surveillance of COVID-19 cases in areas under lockdown and medical quarantine, tracing as well as COVID-19 prevention and control procedures. He received the Certificate of Merit from the Minister of Science and Technology, and won the title of "Outstanding young Vietnamese doctor”.

Asian Youth Council (AYC) is a non-government, youth serving, regional organization formed in August 1972 to promote solidarity and cooperation among young people in Asia as well as to strengthen national youth organizations in the region.

The Outstanding Young Leader of Asia 2021 award launched by AYC aims to honour outstanding and typical young people in the region that have made many positive contributions to society, the community and their countries.

Vietnam rank third in the world in using mobile payment

The rate of users pay with their phones in Vietnam is estimated at 29.1 percent, the third-highest in the world, the Vietnam News Agency quoted the information of the Statista Digital Market Outlook.

China has the highest percentage of mobile payment users in the world with more than 500 million people, which equals to 39.5 percent of the country's population. This number includes payments at stores, restaurants as well as online stalls. The Republic of Korea ranked second with a rate of 29.9 percent.

Photo for illustration (Source: VNA

In China, the payment app adoption is booming and is currently dominated by Alipay and WeChat Pay. These two applications are widely used across multiple platforms and by millions of stores, including traditional market stalls. China has a large number of small businesses and has mostly transitioned from cash to payment apps. Credit card is not favoured by local residents.

However, in terms of the total annual transaction value per user, China is far behind the United States and some European countries such as the United Kingdom, Norway, and Italy. Statista forecasts that a Chinese customer spends about 2,300 USD on average through payment apps this year while the figure is more than 7,000 USD in the UK and nearly 8,000 USD in the US.

However, not all European countries have high consumption value through payment applications. The spending of Spanish and German users is predicted to be more than 1,800 USD and more than 1,500 USD, respectively, Statista said.

Meanwhile, in developing Asian countries such as India and Vietnam, although the rate of payment apps users is higher than the global rate, the amount of money spent by each customer is low, estimated at only 80 USD and 74 USD per one transaction this year./.

Vietnam’s tea exports to Australia increase dramatically

Vietnam shipped six tonnes of tea worth 74,000 USD to Australia in the first half of 2021, showing year-on-year surges of 62.1 percent in volume and 85 percent in value, the Vietnam News Agency quoted the information of the Agency of Foreign Trade at the Ministry of Industry and Trade.

Both black tea and green tea grown in Vietnam are becoming more popular in the market.

Photo for illustration (Source: tapchitaichinh.vn)

Average prices of Vietnamese tea stand at 12,308 USD per tonne, up 14.1 percent compared to the same period last year.

Data from the International Trade Centre showed that Australia imported a total of 7,400 tonnes of tea valued at 60.3 million USD in H1, up 27.2 percent in volume and 39 percent in value against the same period of 2020.

Vietnam accounted for just 0.08 percent of Australia's tea imports, up 0.02 percentage point year on year.

The Vietnamese tea sector saw positive signs in exports in the first two months of 2021 when shipping 17,000 tonnes abroad and earning 29 million USD, down 1.6 percent in volume but up 11 percent in value year-on-year.

In January, Vietnam’s tea exports to Pakistan – its biggest importer – rose by 0.9 percent in volume and 8.9 percent in value.

Last year, Vietnam exported nearly 135,000 tonnes of tea and pocketed 217 million USD, down 1.8 percent in volume and 7.8 percent in value compared to those in 2019./.

Compiled by BTA