encouraging results with mobile money deployment

Encouraging results with Mobile Money deployment

Le Anh Dung, deputy director of the Payment Department under the State Bank of Vietnam (SBV), noted that after six months of pilot implementation, the Mobile Money service has grown positively despite its belated introduction.
obstacles get in the way of e tax payments

Obstacles get in the way of e-tax payments

The launch of e-tax was expected to facilitate tax declaration and tax payment, but some firms are still finding it difficult to fulfil their financial duties via the online portal.
india seizes 725m from chinas xiaomi over illegal remittances

India seizes $725m from China's Xiaomi over 'illegal' remittances

India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.
businesses propose high dividend payments to shareholders

Businesses propose high dividend payments to shareholders

Many businesses in the apparel sector are offering shareholders high dividend payments, leveraging buoyant performances in the past year.
pvcombank and vietpay technology enter comprehensive cooperation

PVcomBank and Vietpay Technology enter comprehensive cooperation

On April 25, Hanoi-based lender PVcomBank and Vietpay Technology Co., Ltd. – a member of multi-national group Nexxo Ventures Ltd. from the UK – signed a comprehensive cooperation agreement in associating and expanding the network of payment and card issuance.
businesses baulk at seaport payment inconsistencies

Businesses baulk at seaport payment inconsistencies

Many businesses in the south are suffering from added financial burdens, with newly-introduced seaport fees differing wildly among localities and affecting their activities.
new incentives on taxes and land rental fee expected to take effect in april

New incentives on taxes and land rental fee expected to take effect in April

Two decrees on the extension of deadlines for payment of taxes and land rental fees will take effect immediately after the Government’s approval, according to Dang Ngoc Minh, Deputy Director of the Ministry of Finance (MoF)’s General Department of Taxation.
vietnam approves public debt management programme

Vietnam approves public debt management programme

Deputy Prime Minister Le Minh Khai has signed Decision No.448/QD-TTg approving the public debt management programme up to 2024 and the public debt payment plan for this year.
investors call for bankable ppa and reasonable price policies for energy projects

Investors call for bankable PPA and reasonable price policies for energy projects

At VIR's seminar on investments in the power sector on April 8, Nguyen Thai Ha, director of T&T Energy Group JSC said that it has developed renewable power plants with a capacity of up to 500MWp, however, it faced challenges with power purchase agreements (PPA) including off-take obligation, off-taker payment risk, and financing arrangements.
crypto curious corporations struggle to find right recipe

Crypto-curious corporations struggle to find right recipe

Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its "buckets".
banks deny involvement in tan hoang minhs bond issuance scandal

Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank (SHB) said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.
rate switches sought to bolster businesses

Rate switches sought to bolster businesses

Businesses are advocating for a holistic strategy to support their community to ride out the bumps associated with prospective rising interest rates, including flexible regulations on preferential lending rates mechanisms and extensions for repayment deadlines.
employers thrash out stance on minimum wages

Employers thrash out stance on minimum wages

Employers still attempting to rescue themselves from pandemic woes are reluctant to see major rises in salary payments for workers, with production costs still on the up.
macron dismisses putin demand for gas payments in rubles

Macron dismisses Putin demand for gas payments in rubles

French President Emmanuel Macron on Friday dismissed Russian President Vladimir Putin's demand for Europe to pay for gas in rubles as he accused Moscow of trying to sidestep sanctions over its war on Ukraine.
exporters building pay contingencies

Exporters building pay contingencies

Manufacturers that export goods to Russia will be required to look for alternative payment methods while the country remains blocked off from the SWIFT payment gateway.