ministry of health state bank of vietnam sign mou on e payment cooperation

Ministry of Health, State Bank of Vietnam sign MoU on e-payment cooperation

On December 10, at the E-payment Eco-system Development Forum 2019, the Ministry of Health and the State Bank of Vietnam signed an MoU on cooperation plan.  
vnpay honoured with outstanding fintech award 2019

VNPAY honoured with Outstanding Fintech Award 2019

Passing many rounds of rigorous evaluation by the Voting Council, VNPAY has recently been honoured as one of the outstanding fintech companies of 2019 at the Vietnam Outstanding Banking Awards 2019.
plans lodged for thorny bt schemes

Plans lodged for thorny BT schemes

Problems in the parity-price principle have emerged in the latest decree on payment for build-transfer projects, with solutions to the matter remaining in wait.
cash habit poor infrastructure prevent to non cash economy

Cash habit, poor infrastructure prevent to non-cash economy

While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
state bank to lower foreign ownership in payment intermediaries

State bank to lower foreign ownership in payment intermediaries

The State Bank of Viet Nam (SBV) plans to lower the foreign ownership rate in the payment intermediary service sector to 49 per cent instead of leaving it unrestricted to avoid manipulation by foreign investors in the field.
vietnams booming fintech funding on singapores heels

Vietnam’s booming fintech funding on Singapore’s heels

Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.
nium partners with visa for instant money transfers in southeast asia

Nium partners with Visa for instant money transfers in Southeast Asia

Nium, a fast-growing digital cross-border payments platform, is enabling users to make real-time money transfers to Visa debit card holders across Southeast Asia powered by Visa’s real-time push payments solution – Visa Direct.
fintech could hold key to reducing cash reliance in vietnam

Fintech could hold key to reducing cash reliance in Vietnam

Fintech companies could hold the key to driving last mile adoption of digital payments and unlocking Southeast Asia’s vast cash displacement opportunity, according to Visa, the world’s leader in digital payments.
cryptocurrency rules need to be clarified

Cryptocurrency rules need to be clarified

The State Bank of Vietnam (SBV) is working on a new decree to regulate cryptocurrency.
danangs economy can earn 72 million a year from digital payments

Danang's economy can earn $72 million a year from digital payments

Visa, the world’s leader in digital payments, has announced that the increased use of digital payments has the potential to add $72 million to Danang’s economy annually.
opening way for digital payments

Opening way for digital payments

With the meteoric rise of non-cash payments in Vietnam, more and more banks and financial institutions are turning towards digital, subscribing to software providers like OpenWay that are working to unite the market – under their own name.
building a digital ecosystem for non cash payment

Building a digital ecosystem for non-cash payment

Non-cash payment has been developing sharply in Vietnam recently, and building a digital payment ecosystem is becoming essential to accommodate further growth.
contactless payment could be next big thing in viet nam experts

Contactless payment could be next big thing in Viet Nam: experts

Contactless payment is becoming trendy in Viet Nam thanks to the growth of technology and the country’s young population.
compliance risk blocking banks from going digital

Compliance risk blocking banks from going digital

While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.
card payments in vietnam to reach 5225 million in 2023 globaldata

Card payments in Vietnam to reach 522.5 million in 2023: GlobalData

Not carrying cash is not a problem in Viet Nam these days as more and more people are flashing the plastic.