vnlife parent company of vnpay aims to bag 200 million in next fundraising round

VNLIFE – parent company of VNPAY – aims to bag $200 million in next fundraising round

VNLIFE, the parent company of VNPAY, is reported to secure $200 million in its next fundraising round taking place next month.
super app explosion signalling a digital payment revolution

Super app explosion signalling a digital payment revolution

Multi-purpose apps are gearing up for fiercer competition to grab a slice of Vietnam’s fast-growing, mobile-first market.
gojek and tokopedia announce merger to become new tech giant in southeast asia

Gojek and Tokopedia announce merger to become new tech giant in Southeast Asia

Indonesian ride-hailing and payments company Gojek today announced its merger with e-commerce player Tokopedia to create a new Indonesian powerhouse GoTo Group.
mastercard survey reflects asia pacific consumer sentiment for new payment methods

Mastercard survey reflects Asia-Pacific consumer sentiment for new payment methods

As a result of the pandemic, enthusiasm for a broader range of payment technologies has accelerated in the Asia-Pacific region as 94 per cent of people say they will consider using at least one emerging payment method, such as QR codes, digital or mobile wallets, instalment plans, cryptocurrencies, biometrics, and others, in the coming year.
115 trillion vnd for tax payment extension

115 trillion VND for tax payment extension

The total value of taxes and land lease fees under the Government’s recently-issued decree on the extension of deadlines for tax payment is 115 trillion VND (4.97 billion USD), heard a press conference of the Government on May 5.
japanese newspaper reviews vietnams first unicorn firm

Japanese newspaper reviews Vietnam’s first unicorn firm

Over the past decade and a half, VNG has diversified into cloud computing, ads, digital payments and media, and built up one of the biggest digital user bases in Vietnam, said an article recently published on the Japanese newspaper Nikkei Asia.
four new payment intermediaries licensed in vietnam since 2021

Four new payment intermediaries licensed in Vietnam since 2021

From the beginning of the year, the State Bank of Vietnam (SBV) has issued new licences to four non-bank payment intermediaries, showing the increasing demand by local firms to join the fintech rush.
visa survey spots momentum for cashless payments

Visa survey spots momentum for cashless payments

Visa, the world’s leader in digital payments, has released its Consumer Payment Attitudes study in Vietnam that sheds light on how behaviour has changed during the COVID-19 pandemic towards a cashless economy. Dang Tuyet Dung, Visa country manager for Vietnam and Laos shared with VIR’s Thanh Van her insight into the report and the fast-paced change in Vietnam’s digital payment landscape.
advancing payments infographics

Advancing payments (Infographics)

Cashless payment options have been gaining traction in the last few years, and a new study from global digital payments leader Visa is now shedding light on such trends in Vietnam and how behaviours have changed during the pandemic.
implications of the us treasurys change of heart

Implications of the US Treasury’s change of heart

In the first semi-annual report on macroeconomic and foreign exchange policies of major trading partners of the United States under the Biden administration, the US Treasury Department noted that “there is insufficient evidence” to conclude that Vietnam and Switzerland manipulate their exchange rates to prevent an effective balance of payment adjustments or gain unfair competitive advantage in international trade.
mastercard strengthens digital first programme in asia pacific

Mastercard strengthens Digital First programme in Asia-Pacific

Mastercard, a leading technology company in the payments industry, is strengthening its global Digital First programme across the Asia-Pacific with a range of innovative partners to deliver even more seamless and secure digital payment options than consumers expect as they shop and bank online more than ever before.
german mps quiz merkel ministers over wirecard scandal

German MPs quiz Merkel, ministers over Wirecard scandal

Germany's finance minister faces a grilling Thursday by lawmakers probing the collapse of payments firm Wirecard in a parliamentary inquiry that would also put Chancellor Angela Merkel in the hot seat.
retail university campaign to help retailers expand online channels

Retail University campaign to help retailers expand online channels

Retail University 2021, a chain of events organised by the Vietnam E-commerce Association (VECOM) to support small- and medium-sized retailers promote online sales, will be held on April 7-9.
benefits challenges of mobile money infographics

Benefits, challenges of mobile money (Infographics)

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, according to the Ministry of Information and Communications.
mobile transactions in vietnam to grow by three times by 2025

Mobile transactions in Vietnam to grow by three times by 2025

Mobile transactions in Vietnam are expected to increase by 300 per cent between 2021 and 2025, led by strong growth in mobile payments, as revealed in the second edition of the Fintech and Digital Banking 2025 (Asia-Pacific) IDC InfoBrief, commissioned by Backbase.