16-04-2020 10:13
The Hanoi office market fared relatively well in the first quarter this year despite the COVID-19 pandemic, according to CBRE Vietnam.
15-04-2020 11:18
Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 pandemic.
12-04-2020 16:55
The State Bank of Vietnam is is urgently working with relevant ministries to finalise the pilot programme of utilising telephone subscription accounts to make small payments, or mobile money.
10-04-2020 08:55
Prime Minister Nguyen Xuan Phuc on April 8 approved Decree No 41/2020/ND-CP on the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.
09-04-2020 08:42
Many banks in Vietnam have reduced their profit target for 2020, and plan to support companies severely impacted by the COVID-19 pandemic.
05-04-2020 09:36
The Ministry of Finance has suggested adding four sectors into the list of industries eligible for extension of tax and land lease payment deadlines with a total sum of 180 trillion VND (7.82 billion USD).
02-04-2020 10:19
As the number of COVID-19 cases increases, many are opting for cashless payments to avoid direct contact and potential hygiene issues arising with banknotes which may help the spread of the COVID-19. This boosts the appeal of digital payments, particularly mobile money – a service in which the mobile phone is used to access financial services – to those who have not considered this form of transaction.
31-03-2020 18:21
Visa, the world-leader in digital payments, and NextPay, a provider of comprehensive digital transformation solutions (the parent company of Vimo E-wallet and the mPOS Payment Solution), today signed an MoU to promote cashless payments in Vietnam. Together, Visa and NextPay aim to strengthen the network of merchants that accept digital payments in Vietnam and expedite the application of innovative technologies and payment platforms globally.
26-03-2020 14:28
The Vietnamese government has issued incentives, including tax breaks, permissions for late payment of taxes, and deferment of land use fees for businesses, while simultaneously offering many policies to support businesses, investors, small traders, and the people to overcome the COVID-19 pandemic.
17-03-2020 12:09
The Ministry of Labour, Invalids and Social Affairs has issued a document allowing businesses which are impacted by the COVID-19 epidemic to suspend payments into the retirement and death gratuity funds of social insurance.
11-03-2020 11:46
Enterprises and individuals directly affected by the novel coronavirus (COVID-19) would be allowed to pay value-added tax (VAT) or land rent five months late, according to the proposal of the Ministry of Finance.
11-03-2020 10:21
In the case of suffering material damage due to natural disasters or epidemics such as COVID-19, businesses can apply for an extension in tax payment and even exemption from late payment fees.
02-03-2020 15:42
With positive signs in liquidity on the horizon in the local real estate market, townwhouses appear a promising investment channel with fairly good yield rates. Several investors have rolled out flexible payment schemes to make the channel more appealing than ever before.
25-02-2020 17:33
Grab, Southeast Asia’s leading super app, has announced today an investment of over $850 million from a group of Japanese investors, including Mitsubishi UFJ Financial Group Inc. (MUFG) and TIS Inc. (TIS). The funds will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.
22-02-2020 13:24
Commercial banks in Vietnam will likely cut or delay interest payments on loans in a bid to cushion the domestic economy against a global slowdown amplified by the wide-spreading coronavirus contagion, following directions from the State Bank of Vietnam.