31-10-2021 10:03
Saigon Joint Stock Commercial Bank (SCB) was honoured by The Bank of New York Mellon (BNY Mellon) with the prestigious Straight-through Processing (STP) Award for the third consecutive year.
29-10-2021 10:32
Vietnam’s digital banking scene has experienced significant changes in recent years, with banks and fintech innovators launching an impressive array of digital tools ranging from mobile payments solutions and wealth management platforms to e-commerce systems. Some of these digital propositions have scaled rapidly, making Vietnam one of Asia-Pacific’s fastest growing markets for digital banking.
21-10-2021 18:55
Gojek today announced the launch of a cashless payment feature on its app in Vietnam, making its official foray into the booming fintech market.
27-09-2021 17:13
While waiting for answers from relevant authorities on the exemption or reduction of payment periods for social and health insurance for labourers during the social distancing period, Vietnam Social Security has implemented numerous solutions to ensure the rights and interests of labourers and businesses.
26-09-2021 19:34
Vietnam recently approved the National Digital Transformation Programme by 2025, with an orientation towards 2030. Grab Vietnam, as an active player in Vietnam’s digital economy is committed to helping Vietnam realise this goal. Nguyen Thai Hai Van, CEO of Grab Vietnam has proposed three solutions to propel digital economy and e-commerce development in Vietnam.
21-09-2021 16:34
The Sherpa, a Masan Group subsidiary, has completed the purchase of 70 per cent of Mobicast JSC for a total cash payment of VND295.5 billion ($13 million) to enter the telecom industry.
19-09-2021 08:00
The pandemic as a force majeure event has crippled people’s ability to meet loan repayment requirements, but while the real estate sector also appears susceptible to the crisis, the State Bank of Vietnam and commercial lenders have taken measures to deal with worrisome property assets.
16-09-2021 23:05
About 118 trillion VND (5.16 billion USD) worth of taxes, land rent, fees, and charges are expected to be reduced or have payment deadlines extended in 2021 to assist enterprises and people affected by the coronavirus pandemic.
16-09-2021 10:17
Consumers need no longer worry about paying their monthly electricity and water bills as VNPAY e-wallet offers instant payment with a 50 per cent refund of up to VND50,000 ($2.20) for new consumers making bill payments on the app from September 15 to 17.
15-09-2021 16:57
HSBC Vietnam supported General Atlantic and Dragoneer Investment Group in co-leading a $250 million Series B investment in VNLIFE, a local tech startup operating in banking enablement, digital payment, online travel, and new retail. This capital injection is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.
15-09-2021 09:00
While telecommunications firms keep a wait-and-see stance on SMS service charge reductions despite mounting worries from banks. the forthcoming adoption of mobile money from some state-run groups is expected to bridge the gap between urban and rural areas in convenient cashless payments.
14-09-2021 20:40
Citi Treasury and Trade Solutions Asia-Pacific has just introduced a new service for institutional clients in the region to speed up cross-border payments.
11-09-2021 11:15
Apple was forced to loosen the grip it holds on its App Store payment system, after US judge ruled Friday in a closely watched battle with Fortnite maker Epic Games.
08-09-2021 17:59
The Vietnamese government is pushing forward a regulatory sandbox for fintech banking and cashless payments with a view to support the development of the local fintech scene.
08-09-2021 12:47
The State Bank of Vietnam (SBV) on September 7 issued a circular amending and supplementing a number of articles of Circular No. 01/2020/TT-NHNN issued by the SBV Governor directing foreign credit institutions and bank branches to reschedule debt payments, waive and reduce borrowing interest and fees, and maintain the groups in order to support customers affected by the COVID-19 pandemic.