cryptocurrency under supervision

Cryptocurrency under supervision

Viet Nam has intensified inspections on cryptocurrency transactions as trading and investments using this payment system are on the rise in the country.
mobile payment market heats up with foreign players

Mobile payment market heats up with foreign players

Two of China’s biggest e-wallets have joined the mobile payment market in Vietnam.
fbi raids offices of trumps personal lawyer

FBI raids offices of Trump's personal lawyer

Federal agents on Monday (Apr 9) raided the New York offices of President Donald Trump's long-time personal lawyer Michael Cohen, who made a US$130,000 payment to an adult film actress who says she had an affair with the former real estate magnate.
mobile payment the next big thing

Mobile payment the next big thing

State-of-the-art QR code payment methods and the mass adoption of smartphones are predicted to provide ample room for the development of mobile shopping in Vietnam.
eximbank under fire after string of embezzlement

Eximbank under fire after string of embezzlement

The lawyer of the six customers from whom an officer of Eximbank stole VND48 billion ($2.1 million) ask for repayment in full before the case goes on trial in April.
govt seeks more non cash payments for public services

Govt seeks more non-cash payments for public services

The Government has set itself a target of collecting 80 percent of tax payments in cities through banks and enabling treasuries in all provinces and cities to have cashless payment systems by 2020.
vietnamese e commerce market a tough nut to crack

Vietnamese e-commerce market a tough nut to crack

Despite the fast growth of e-commerce, Vietnam is not an easy market to crack open, with many players running losses and some being forced to withdraw.
deposit security to seize top spot on upcoming bank agm agendas

Deposit security to seize top spot on upcoming bank AGM agendas

Following the incident of “vanished” savings at Eximbank, deposit security will likely be in the limelight at Vietnam-based banks’ upcoming annual general shareholders’ meetings (AGM), rather than the previous issues, such as dividend payment and non-performing loans.
ha noi to develop non cash payments

Hà Nội to develop non-cash payments

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.
vinawaco wants exemption from 234 million debt

Vinawaco wants exemption from $2.34 million debt

Vietnam Waterway Construction Joint Stock Corporation (Vinawaco) once again requested the prime minister to cancel its VND53.1 billion ($2.34 million) debts to Vietcombank, including the principal, the interest, and the late payment fees.   
fifa ends involvement in neymar bonus dispute with barca

FIFA ends involvement in Neymar bonus dispute with Barca

BARCELONA: FIFA has ended its involvement in Brazil forward Neymar's dispute with his former club Barcelona over an outstanding bonus payment of €43 million (US$52.9 million) world soccer's ruling body said on Friday (Feb 23).
alibaba and 40 thieves move in on e payments

Alibaba and “40 thieves” move in on e-payments

The e-payment market in Vietnam is becoming more competitive than ever, as various fintech providers around the world start flocking to the fast-growing country. This poses a real challenge for commercial banks, who must now adapt to the breakneck development speed of Industry 4.0.
ministry of finance also refuses to help mai linh

Ministry of Finance also refuses to help Mai Linh

After being refused by the Vietnam Social Security, Mai Linh’s proposal to receive exemption from interest and late payment fees as well as to extend the deadline for its original social insurance payment was also refused by the Ministry of Finance (MoF).
vietnam fails to enforce tax payments from uber bv

Vietnam fails to enforce tax payments from Uber B.V?

To date, the Ho Chi Minh City Department of Taxation has yet to enforce tax payments from Uber B.V because the company has yet to open a bank account in Vietnam.   
grab and samsung sign mou to drive digital inclusion in southeast asia

Grab and Samsung sign MOU to drive digital inclusion in Southeast Asia

Grab and Samsung Electronics announced that they have signed a multi-year MoU to drive digital inclusion in Southeast Asia.