cashless payments soaring in first half of 2024

Cashless payments soaring in first half of 2024

The total value of cashless payments through Payoo experienced a sharp rise in the first half of 2024, up by 58 per cent over the same period last year.
vietnamese authorities to crack down on tax evasion

Vietnamese authorities to crack down on tax evasion

Vietnamese authorities will crack down on tax evasion by implementing strict measures to ensure individuals and businesses fulfill their tax payment obligations.
cashless payment develops rapidly in vietnam

Cashless payment develops rapidly in Vietnam

Non-cash payments continue to grow rapidly in Việt Nam, requiring a focus on ensuring payment security, a representative of the State Bank of Việt Nam said at a press conference on Cashless Day 2024 held in Ho Chi Minh City on May 28.
singapore enjoys benefits from cross border payment links

Singapore enjoys benefits from cross-border payment links

As the number of visitors to Singapore continues rising post-pandemic, the Monetary Authority of Singapore (MAS) is expecting more and higher-value cross-border payment transactions.
credit card market rising alongside alternative habits

Credit card market rising alongside alternative habits

Vietnam’s domestic credit card market has significant growth potential, and promoting further it will require preferential transaction fees, expanding card usage ecosystems, and enhancing electronic payment security measures.
post malone to headline visa live concert in paris

Post Malone to headline Visa Live concert in Paris

Visa, a global leader in digital payments, will connect music, art and culture by taking over the Cour Carrée of the Louvre Museum for a unique show called “Visa Live at the Louvre.”
visa partners with vietnamese e wallet apps

Visa partners with Vietnamese e-wallet apps

Visa has announced a new partnership with three of the most popular e-wallets in Vietnam – MoMo, VNPAY and ZaloPay – to provide a more convenient payment experience for cardholders at participating small- and medium-sized enterprises (SMEs).
harsher actions demanded for insurance evasion

Harsher actions demanded for insurance evasion

Stricter penalties are being called for when employers delay or evade mandatory insurance payments, damaging the rights and benefits of workers.
thailand faces credit card default risks

Thailand faces credit card default risks

The risk of default on credit card loans rose significantly in the first quarter this year in Thailand, driven by the Bank of Thailand (BoT)'s mandate for a higher minimum payment rate.
trung nam group concerned amid suspended solar payments

Trung Nam Group concerned amid suspended solar payments

Trung Nam Group, a top investment firm in the energy industry, has expressed serious concerns over the financial difficulties caused by payment suspensions for its solar power plants.
japans sojitz invests in vietnams finviet

Japan's Sojitz invests in Vietnam's Finviet

Sojitz Corporation (Sojitz) has invested in Finviet Technology Corporation (Finviet), a SaaS company introducing cashless payment smartphone apps and an online ordering platform for small-scale retail stores in Vietnam, where small family businesses account for the majority of the retail channels in the country.
negotiations over payment agreement for lng power stuck in deadlock

Negotiations over payment agreement for LNG power stuck in deadlock

Negotiations between Vietnam Electricity (EVN) and investors for a power purchase agreement (PPA) for liquified natural gas (LNG)-to-power projects have once again stalled.
need is urgent for e vehicle charging infrastructure

Need is urgent for e-vehicle charging infrastructure

Vietnam’s major cities are in urgent need of synchronous charging and payment station systems before an electric vehicle boom can truly take shape.
mb secures prestigious software and it service awards

MB secures prestigious software and IT service awards

Military Commercial Joint Stock Bank (MB) has just clinched three Sao Khue Awards 2024, extending its winning streak to six consecutive years. The bank's innovative digital products - the Stellar fashion payment bracelet, the MB JCB Be The Sky card, and the mSeller sales management software - were honoured at the event.
buy now pay later transactions to reach 333 billion in 2024

Buy now, pay later transactions to reach $3.33 billion in 2024

Buy now, pay later (BNPL) payments in Vietnam are expected to grow by 41.8 per cent on an annual basis to reach $3.33 billion in 2024, according to an industry report released by ResearchAndMarkets on April 11.