smart payments increasingly gain ground among vietnamese consumers

Smart payments increasingly gain ground among Vietnamese consumers

New technologies are driving Vietnam towards a cashless society as smart payments find growing adoption among local consumers, especially for small ticket purchases, according to a recent study by Visa.
greener finance incentives picked up by local banks

Greener finance incentives picked up by local banks

Capital injection from international and local lenders is envisaged to help boost green-driven, sustainable and high-value agricultural models, as well as bridge the gap for the climate-finance market which is still at the nascent stage in Vietnam.
visa makes it a breeze to receive funds from abroad with visa direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa, the world’s leader in digital payments, has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly. Powered by Visa Direct, cardholders will receive the funds directly to their accounts in near real-time.
mastercard to be banned in india for non compliance with data storage rules

Mastercard to be banned in India for non-compliance with data storage rules

India has just announced to ban the US-based payment behemoth Mastercard for non-compliance with data storage rules, effective from July 22.
making vaccine visa trial worthwhile for vietnam

Making vaccine visa trial worthwhile for Vietnam

Kenneth M. Atkinson, founder and senior adviser of Grant Thornton Vietnam cum vice chairman of the Vietnam Tourism Advisory Board, shared with VIR’s Thanh Van about the chances for Vietnam’s tourism industry when easing quarantine requirements and launching a pilot programme to welcome international tourists.
visa and moca team up to accelerate online shopping and digital payments

Visa and Moca team up to accelerate online shopping and digital payments

Visa, the world’s leader in digital payments, and Moca, a leading digital payments service in Vietnam, have teamed up to encourage consumers to save their Visa payment card-on-file to make fast, convenient, and secure online payments via Moca's payment solutions on the Grab app and other e-commerce platforms.
visa extends support of cashless day to drive growth of non cash payments in vietnam

Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa, the world’s leader in digital payments, is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
visa summit highlights rising regional security focus

Visa summit highlights rising regional security focus

Visa hosted its annual Asia-Pacific Visa Security Summit last month and highlighted significant changes in the regional payment landscape, with the increasing demand for contactless payment technologies and a call for greater industry collaboration to tackle security concerns. Pavan Muttireddy, director of Southeast Asia Risk Services at Visa, talked with VIR’s Hoang Anh about his observations on how Visa is addressing stakeholders’ need for secure digital payments.
visa partners sacombank to launch business reporting an sme spend management tool

Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa, the global leader in digital payments, has teamed up with Sacombank to provide small- and medium-sized enterprises (SMEs) in Vietnam with access to an enhanced spend management tool designed to help manage their business expenses more effectively. Visa Business Reporting enables SMEs to track where and how their money is spent, and if they are going beyond budget, making it easier to manage cash flow and compile accurate business expense reports.
sbv clamping down on credit risks

SBV clamping down on credit risks

Despite stringent requirements applicable for risky sectors such as securities, real estate, and build-operate-transfer projects, credit is envisaged to grow in the coming quarters given the favourable interest rates and a much-improved risk management mechanism. 
visa survey spots momentum for cashless payments

Visa survey spots momentum for cashless payments

Visa, the world’s leader in digital payments, has released its Consumer Payment Attitudes study in Vietnam that sheds light on how behaviour has changed during the COVID-19 pandemic towards a cashless economy. Dang Tuyet Dung, Visa country manager for Vietnam and Laos shared with VIR’s Thanh Van her insight into the report and the fast-paced change in Vietnam’s digital payment landscape.
advancing payments infographics

Advancing payments (Infographics)

Cashless payment options have been gaining traction in the last few years, and a new study from global digital payments leader Visa is now shedding light on such trends in Vietnam and how behaviours have changed during the pandemic.
retail university campaign to help retailers expand online channels

Retail University campaign to help retailers expand online channels

Retail University 2021, a chain of events organised by the Vietnam E-commerce Association (VECOM) to support small- and medium-sized retailers promote online sales, will be held on April 7-9.
global tourism heavy economies search for solutions

Global tourism-heavy economies search for solutions

While vaccine visas may open the doors to international travelling again, financing and the acceptance of such an initiative by countries around the world are two important factors in Vietnam’s implementation.
industries bet on vaccine visa measures

Industries bet on vaccine visa measures

In line with the global vaccine visa drive, Vietnam’s latest move to complete technical infrastructure for the availability of such a travel document in April is expected to revive industries, heralding strong economic recovery ahead.