authorities get to grips with new bad debt mountain

Authorities get to grips with new bad debt mountain

A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery, with the upcoming bad debt exchange platform envisaged to allow investors to buy and sell distressed assets, which can boost market liquidity. 
visa commits to supporting small businesses across asia pacific

Visa commits to supporting small businesses across Asia-Pacific

Visa (NYSE: V) yesterday announced a commitment to support 10 million small businesses across the Asia-Pacific in an effort to get local communities back to business in the wake of the COVID-19 pandemic.
trumps h 1b visa freeze delivers blow to us tech sector

Trump's H-1B visa freeze delivers blow to US tech sector

WASHINGTON, DC: The US tech sector is likely to be hit hard by President Donald Trump's decision to extend a freeze on most immigrant visas, with critics saying the move could undermine American innovation and leadership.
vietnam leading the regional pack in embracing a cashless society

Vietnam leading the regional pack in embracing a cashless society

The Vietnamese government is looking to take the country towards relying less on cash when making purchases. Dang Tuyet Dung, Visa country manager for Vietnam and Laos, talked to VIR’s Hoang Anh about the potential future of a cashless society for the country.
visa supports cashless day in joint effort to promote non cash payments in vietnam

Visa supports “Cashless Day” in joint effort to promote non-cash payments in Vietnam

Cashless Day, held annually on June 16 by Visa – the world’s leader in digital payments – aims to promote the adoption of non-cash payments and aligns with the government’s plans to drive Vietnam towards a cashless society.
cashless payments beginning to gain traction across the country

Cashless payments beginning to gain traction across the country

Visa, the world’s leader in digital payments, recently published the Consumer Payment Attitudes 2019 study, showing a marked drop in cash usage in Vietnam as consumers embrace new ways to pay. Dang Tuyet Dung, country manager for Visa Vietnam and Laos, told VIR’s Thanh Van about the company’s plan to help Vietnam achieve a cashless economy.
vietnam grants e visas for citizens from 80 countries

Vietnam grants e-visas for citizens from 80 countries

Citizens from 80 countries worldwide will be allowed to enter Vietnam using e-visas from July, according to a resolution recently issued by the Government.
visa study finds cash usage dropping in vietnam as consumers embrace new ways to pay

Visa study finds cash usage dropping in Vietnam as consumers embrace new ways to pay

A new study commissioned by Visa, the world’s leader in digital payments, has found Vietnamese consumers are using less cash in favour of digital payment methods including new payment technologies such as contactless cards and mobile payments, as well as mobile e-commerce payments.
stranded foreigners can stay in vietnam until june 30

Stranded foreigners can stay in Vietnam until June 30

Foreigners entering the country under visa waiver programmes, e-visas or tourism visas after March 1 will be automatically given stay permit extension until June 30 free of charge.
at least 5 dead 1000 in hospital after gas leak at indian chemical plant

At least 5 dead, 1,000 in hospital after gas leak at Indian chemical plant

VISAKHAPATNAM, India: At least five people have been killed and 1,000 hospitalised after a gas leak at a chemicals plant on the east coast of India, authorities said Thursday (May 7), warning the death toll would climb.
visa foundation offers emergency relief aid

Visa Foundation offers emergency relief aid

The Visa Foundation has announced a commitment of two programmes totalling $210 million to support micro- and small-sized enterprises (MSEs), aligning with the foundation’s long-term focus on women’s economic advancement and inclusive economic development.
memorable milestones with vietnams biggest fintech accelerator programme fe xcelerate

Memorable milestones with Vietnam's biggest fintech accelerator programme- FE XCELERATE

FE XCELERATE is just the first of many FE CREDIT initiatives to engage and make greater contributions to  Vietnam’s startup ecosystem. The company envisages implementing more and more such programmes in the future to introduce best solutions to the market.  
visa and nextpay sign mou to promote cashless payments in vietnam

Visa and NextPay sign MoU to promote cashless payments in Vietnam

Visa, the world-leader in digital payments, and NextPay, a provider of comprehensive digital transformation solutions (the parent company of Vimo E-wallet and the mPOS Payment Solution), today signed an MoU to promote cashless payments in Vietnam. Together, Visa and NextPay aim to strengthen the network of merchants that accept digital payments in Vietnam and expedite the application of innovative technologies and payment platforms globally.
foreigners can extend visas amid covid 19 outbreak spokeswoman

Foreigners can extend visas amid COVID-19 outbreak: spokeswoman

Foreigners in Vietnam can make visa extension procedures at the Immigration Department under the Ministry of Public Security in line with regulations, spokeswoman of the Vietnamese Ministry of Foreign Affairs Le Thi Thu Hang affirmed.
vietnam to temporarily suspend visa exemption for citizens of belarus russia japan

Vietnam to temporarily suspend visa exemption for citizens of Belarus, Russia, Japan

The Government has decided to temporarily suspend unilateral visa exemption for citizens from Belarus, Russia and Japan from March 21 as part of efforts to prevent the spread of the novel coronavirus SARS-CoV-2, according to the Ministry of Foreign Affairs.