Non-cash payment plan panned

A number of new regulations in a draft decree created to encourage non-cash payments in Vietnam, proposed by the State Bank last week, failed to impress financial experts and businesses.
getting ahead with savvy payment management

Getting ahead with savvy payment management

Visa’s country manager Lorijon Bacchi, Vietnam, Cambodia & Laos shares views on how to simplify financial management so businesses can concentrate on the growth of their business.
mobile payment revenue to double

Mobile payment revenue to double

Mobile payments (m-payments) revenue in Asia-Pacific is expected to double from 2009 in the next five years, reaching $1.6 billion.
vietunion pushes for e payment

VietUnion pushes for e-payment

VietUnion Online Services Corporation has officially started deploying bill payment network.
tourists the winners in payment advances

Tourists the winners in payment advances

Vietnam’s new cross-border payment initiatives represent a significant advancement in streamlining payment processes for tourists, a move set to significantly enhance tourism across Southeast Asia.
b2b digital payment accelerates

B2B digital payment accelerates

In Vietnam, business-to-business (B2B)-focused fintech presents new revenue and growth streams for enterprises of all sizes, experts said.
buy now pay later the future of retail payment

Buy Now Pay Later - The future of retail payment?

Foreign and Vietnamese companies are placing large bets on the buy now, pay later approach in Vietnam, thanks to a significant increase in the use of the payment method, but the sector still presents certain dangers.
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.
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.
consumers lean towards modern payment methods

Consumers lean towards modern payment methods

A new study has found that the majority of Vietnamese cardholders is interested in using biometric authentication methods such as fingerprints or facial recognition to complete transactions, rather than the traditional PIN method or passwords.
cashless payment remains low in vietnam

Cashless payment remains low in Vietnam

The ratio of cashless payments in Vietnam remains low at only 11.49 per cent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).
making the payment landscape more modern and secure

Making the payment landscape more modern and secure

As digital payment increases in Vietnam, risk of fraud is also on the rise. Joe Cunningham, senior vice president, Risk for Visa in Asia Pacific, shared with Nam Phuong the new Future of Security Roadmap that the payment firm uses to tackle fraud in Vietnam and drives the digital payment sector forward.
vietinbank offers e payment service

Vietinbank offers e-payment service

Vietnam Bank for Industry and Trade (Vietinbank) launched its State budget e-payment service for business customers on March 15.
vietnams payment card market most dynamic

Vietnam’s payment card market most dynamic

The Research and Markets website forecasts that the payment card market in Vietnam will grow at about 18.5 per cent during the 2011- 2014 period.
businesses shun ban on payment in dollar

Businesses shun ban on payment in dollar

Payments in dollar were still carried out publicly in spite of the government’s ban, triggering worries about the dollarisation – a factor causes instability of the economy, economists warned.