austrian far right hails benefits cut for immigrants

Austrian far-right hails benefits cut for immigrants

VIENNA: The head of Austria's far-right hailed on Sunday (Dec 17) plans by his incoming government to slash benefit payments for immigrants, a day before he was due to be sworn in as vice-chancellor.
foreign employees social insurance concerns addressed at vbf

Foreign employees' social insurance concerns addressed at VBF

Vietnam plans to sign bilateral agreements on social insurance for foreign labourers with countries which have large-scale investments in the Vietnam. Accordingly, the foreigners who completed social insurance payments in their home countries will be exempt from social insurance charges in Vietnam.
rapper dmx pleads guilty to us 17 million tax evasion

Rapper DMX pleads guilty to US$1.7 million tax evasion

NEW YORK: DMX, the troubled rapper best known for his taunting song Party Up (Up in Here), faces prison time after he pleaded guilty Thursday (Nov 30) to evading US$1.7 million in US tax payments.
uber and vietnams number one fintech firm shake hands on strategic alliance

Uber and Vietnam’s number one fintech firm shake hands on strategic alliance

Uber today officially became the strategic partner of Vietnam-based mobile electronic payment platform MoMo, with the intent of integrating a wholly digital payment experience into the leading ride-hailing online application.
citi vietnam launches new citi simplicity credit card

Citi Vietnam launches new Citi Simplicity+ credit card

Citi Vietnam today introduced Citi Simplicity+, the first credit card in the market to provide 10 per cent interest back for on-time payments and no late payment fees. As a special introduction, Citi Simplicity+ comes with a 0 per cent annual interest percentage rate for the first three months.
grab driving to break into e payment sector

Grab driving to break into e-payment sector

After winning a significant foothold in the Vietnamese ride-hailing market, Grab plans to drive further growth by adding new services and branching out into the online payment sector.
apple pay in first deal with major french bank

Apple Pay in first deal with major French bank

PARIS: Apple has reached its first agreement with a major French bank on Apple Pay, as Societe Generale said on Monday (Nov 20) it would offer its clients the chance to use the smartphone payment system.
criminal code turns stricter on social payments

Criminal Code turns stricter on social payments

Shirked payments for social insurance, health insurance, and unemployment insurance for employees will soon face heavier sanctions.
vinasun momo partner on smart payments

Vinasun, MoMo partner on smart payments

Taxi service provider Vietnam Sun Corporation (Vinasun) and MoMo E-wallet developer M_Service Company signed a strategic cooperation agreement on Wednesday to provide smart payment service to customers.
chinese e commerce firm jdcom pours 44 million in tikivn

Chinese e-commerce firm JD.com pours $44 million in Tiki.vn

The race to gain market share in the e-commerce sector has intensified as Chinese online payment platform JD.com, the competitor of Alibaba, officially poured VND1 trillion ($44.04 million) in domestic Tiki.vn.
mobile phone customers prefer installment payment method

Mobile phone customers prefer installment payment method

More than half of mobile phone transactions whose prices are over VND10 million (US$439) are purchased on installment payments, according to statistics of Mobile World Group, FPT Shop and CellphoneS.
alipay signs with napas to take on vietnam

Alipay signs with Napas to take on Vietnam

Alipay, the leading online payment platform under Alibaba from China, signed a business co-operation agreement  with National Payment Corporation of Vietnam (Napas) on November 6.
local banks learn a trick from fintech with qr pay

Local banks learn a trick from fintech with QR pay

Local banks are deploying the use of quick response codes for contactless payments, a move set in anticipation of the involvement of some of the world’s largest players.
vietnam consumer wariness could impede e commerce

Vietnam consumer wariness could impede e-commerce

Alibaba group Chairman Jack Ma said on Monday that deep-seated hesitation among Vietnamese consumers could hamper mobile payment development in the country.
mobile payment helps develop non cash economy

Mobile payment helps develop non-cash economy

The Vietnam Electronic Payment Forum 2017 (VEPF) themed "Mobile Payment - a factor to promote the non-cash economy" officially opened this morning in Hà Nội.