google and apple pull the rug out from digital content makers

Google and Apple pull the rug out from digital content makers

Google and Apple have imposed payment policies for digital content services, resulting in a significant drop in the revenue of their Vietnamese digital content businesses.
which way for e wallets ecosystems or payment instruments

Which way for e-wallets – ecosystems or payment instruments?

E-wallets have been changing, struggling to exist among stiff competition. No e-wallet dominates the market, with many of them designed to serve specific ecosystems targeted by investors.
germany says eu aid to turkey could be halted over arrests

Germany says EU aid to Turkey could be halted over arrests

BERLIN: Germany raised the possibility on Wednesday of suspending European Union aid payments to Turkey after summoning Ankara's ambassador to Berlin to protest over the arrest of six human rights activists including a German citizen.
1pay receives intermediary payment license

1Pay receives intermediary payment license

The State Bank of Viet Nam (SBV) granted a license for 1Pay Joint Stock Company’s intermediary payment services on July 12.
grab uber subjected to tax checks

Grab, Uber subjected to tax checks

The General Department of Taxation recently sent a document requesting the HCM City Department of Taxation to inspect the tax payments of Uber B.V Netherlands Co Ltd and GrabTaxi Co Ltd.
beckers ex business partner demands 365m payment

Becker's ex-business partner demands €36.5m payment

BERLIN: A former business partner of German tennis star Boris Becker, who was last month declared bankrupt, is demanding the payment of €36.5 million which he claims he is owned by the former world number one.
portugal makes early 1 billion euro repayment to imf

Portugal makes early 1-billion euro repayment to IMF

LISBON: Portugal has made an early repayment of €1 billion to the International Monetary Fund and intends to repay a further €2.6 billion of bailout loans by August, the government said Friday.
google seals deal with indonesia on tax

Google seals deal with Indonesia on tax

JAKARTA: Indonesia has reached an agreement with Google over payment of taxes, the country's finance minister said on Tuesday (Jun 13), after a long-running dispute with the US tech giant.
hotels liable for music copyright payments

Hotels liable for music copyright payments

The Vietnam Centre for Protection of Music Copyright (VCPMC) on May 25 is still attempting to collect copyright fees for songs on TV programmes broadcasted at hotels, saying that the songs are used to do business.
mobile parking search and payment app piloted in vietnam for the first time

Mobile parking search and payment app piloted in Vietnam for the first time

The city of Hanoi has commenced piloting a smartphone application that helps users to search and pay for car parking via mobile phones, namely iParking, at parking lots along Tran Hung Dao and Ly Thuong Kiet Streets, Hoan Kiem District on May 1.
draft dictates foreigners pay into social insurance

Draft dictates foreigners pay into social insurance

All foreign employees in Vietnam with work permits, practice certificates, or practice licences issued by local authorised agencies will be subject to compulsory social insurance payments if a new draft decree is approved.
cut in unemployment payments good for firms and for workers

Cut in unemployment payments good for firms. And for workers?

Nguyen Thi Hai Van, head of the Employment Department of the Ministry of Labour, Invalids and Social Affairs, speaks to Dân Tri.com.vn about the Government’s decision to cut employers’ contributions to the unemployment fund.
card payment compulsory soon for e commerce businesses moit

Card payment compulsory soon for e-commerce businesses: MoIT

E-commerce businesses may have to accept card payments as a way to offering more options of payment when shopping online, an official from the Ministry of Industry and Trade said.
new fees on property auction

New fees on property auction

The Ministry of Finance has issued Circular No.335/2016/TT-BTC regulating the collecting level and regime, payment, management and use of property auction fees and property auction entry fees.
money laundering all too easy in vietnam

Money laundering all too easy in Vietnam?

Money laundering mostly goes unpunished in Vietnam because cash is the main form of payment and relevant legislation is murky.