students supercharge smes in visa and ccvsas financial literacy programme

Students supercharge SMEs in Visa and CCVSA’s Financial Literacy programme

Visa, the world’s leader in digital payments, has announced the three winning teams from its 10th annual Vietnam Financial Literacy programme, with H2L taking home the first prize.
dynamism underlined for vietnams export economy

Dynamism underlined for Vietnam’s export economy

The relationship between the growth of domestic content of exports and other output growth is quite close. Balance of payments constraint and economic growth are based on numerous factors. Countries need dollars to pay for essential imports and to meet payments obligations associated with interest payments on debt and profits of foreign companies. Countries receive dollars for their net exports, profits from or interest on assets held abroad, remittances, inward investment, and foreign borrowing.
status of foreign currencies in sale or purchase of shares

Status of foreign currencies in sale or purchase of shares

Agreements on transfer prices or payment in foreign currencies in the sale and purchase of shares may entail legal risks, potentially leaving transactions invalid.
home credit receives visa award for third year in a row

Home Credit receives Visa Award for third year in a row

Home Credit Vietnam has won a Visa Award 2022 in the most acclaimed category of Leadership in Payment Volume Growth, making 2022 the third consecutive year that the firm has been honoured by the prominent international card issuer.
unbinding legal bottlenecks to spur fintech development

Unbinding legal bottlenecks to spur fintech development

Despite the hot-paced development experienced in Vietnam’s fintech industry, the bottlenecks in the regulatory system have yet to be fully addressed in the face of current financial constraints.
visa adds google wallet capabilities in vietnam

Visa adds Google Wallet capabilities in Vietnam

Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
home credit teams up with onepay to promote home paylater expansion

Home Credit teams up with OnePay to promote Home PayLater expansion

Home Credit is working with OnePay on the buy now pay later (BNPL) model to promote digital payment habits in Vietnam.
addressing future of embedded finance in vietnam

Addressing future of embedded finance in Vietnam

Non-banking institutions increasingly provide financial services, including payments, loans, insurance, and digital wallets, adopting a so-called embedded finance application. Bruno Sivanandan, compliance head at embedded finance platform Credify, spoke with VIR’s Le Luu about the opportunities and challenges of such apps in Vietnam.
five asean countries to connect to payment system in 2023

Five ASEAN countries to connect to payment system in 2023

A cross-border payment system between the five ASEAN countries of Thailand, Singapore, Malaysia, the Philippines, and Indonesia will be fully connected next year, according to Bank Indonesia (BI) Governor Perry Warjiyo.
thailand readies payment system for 300 baht entry fee

Thailand readies payment system for 300-baht entry fee

The Thai government previously visioned collecting a 300-baht entry fee from each foreign traveler who visits Thailand early this year.
e commerce needs better legal framework to prevent tax loss insiders

E-commerce needs better legal framework to prevent tax loss: insiders

The fast-growing e-commerce sector is making big money but its tax payments are not commensurate with its revenues, exposing the need for a better tax policy to prevent losses, according to insiders.
foreign service providers fulfill tax obligations in vietnam

Foreign service providers fulfill tax obligations in Vietnam

Since the portal for tax payment of cross border activities was launched on March 21 this year, 36 foreign service providers have registered, declared and paid taxes through it, heard a webinar held by the Government Portal on September 29.
bnpl services open up e commerce options

BNPL services open up e-commerce options

While the market for buy now, pay later services in Vietnam is still in its infancy, more users are opting for this payment method as the technology for both the credit rating process and other logistical aspects is refined.
bnpl catalyses cashless payments in e commerce market

BNPL catalyses cashless payments in e-commerce market

As Buy Now, Pay Later (BNPL) becomes more popular in the nation, experts have shared their insights into the prospects of this new payment service as a catalyst to the growing cashless payments in Vietnam’s e-commerce market.
fb mainstays taking digital direction

F&B mainstays taking digital direction

Vietnam’s food and beverage sector is increasing cooperation with cashless payment solution providers to offer better customer service and accelerate such payments across the country.