26-08-2021 11:59
The first contactless payment store, which is set up by Grove Fresh in collaboration with the Ho Chi Minh City Department of Industry and Trade, has been open in Co Giang Ward in District 1.
25-08-2021 13:18
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.
24-08-2021 14:01
Extending payment time for value-added tax and social insurance while reducing corporate income tax and the cost of COVID-19 testing were among the recommendations of Furusawa Yasuyuki, the representative of AEON Group in Vietnam at the conference with the leaders of Ho Chi Minh City to support foreign-invested enterprises to overcome the pandemic and achieve a quick recovery for the city's economy.
19-08-2021 10:00
Despite the government coming to the aid of banks and vulnerable businesses in the past year, the latest COVID-19 wave has rendered some debt restructuring and payment scheduling by the country’s central bank less effective than expected.
16-08-2021 16:37
Vietnam set the goal of boosting its digital economy to account for 20 per cent of its GDP by 2025.
16-08-2021 15:12
The pandemic has prompted an inevitable reset in Vietnam’s payment ecosystem and accelerated the non-cash transaction trend that had been already underway. Winnie Wong, country manager for Vietnam, Cambodia, and Laos at Mastercard, shared with VIR's Thu Huong how a global leading payments technology company like Mastercard can enhance cashless experience and enable ubiquity of digital solutions in the most secure, convenient approach.
31-07-2021 10:00
Vietnam’s fast-growing digital economy is hoping to lure big foreign funding to cash in on the enormous potential – although whittling down the use of physical cash could take a lot longer.
29-07-2021 13:52
Many local exporters, who want to switch their export methods to shun risks caused in the international freight market, aim to take control over shipping lines and freight insurance previously under the responsibility of overseas buyers – but the route ahead is not without hurdles.
21-07-2021 17:26
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.
20-07-2021 19:13
The Viet Nam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director, Bui Van Son, said.
19-07-2021 08:08
Customers are increasingly using the VNPAY e-wallet app to make daily payments and protect their health during the social distancing period and the resurgence of the COVID-19 pandemic.
16-07-2021 08:10
India has just announced to ban the US-based payment behemoth Mastercard for non-compliance with data storage rules, effective from July 22.
15-07-2021 17:04
Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.
06-07-2021 12:04
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.
27-06-2021 12:40
Leading Hong Kong-based investment bank GIB Global Investment Digital Bank announced intentions to enter the digital banking space in Vietnam by teaming up with Vimo and local payments providers.