deputy pm signs no cash policy

Deputy PM signs no-cash policy

Deputy Prime Minister Vuong Dinh Hue has signed a policy decision encouraging cash-free transactions in Viet Nam in order to reduce the number of cash-based deals, improve overall electronic payment methods and control tax evasion.
nokia shares fall on patent dispute with apple

Nokia shares fall on patent dispute with Apple

HELSINKI/BELGRADE: Nokia shares fell by nearly 5 percent on Thursday in Helsinki as analysts warned a legal battle with Apple could delay for years royalty payments that are vital to shoring up the Finnish company's profits.
mobifone launches new mobile payment app

MobiFone launches new mobile payment app

MobiFone customers can download and pay with MobiFone Next, its new mobile payment app that works in stores, in app and online.
fees on entry exit transit residence in vn

Fees on entry, exit, transit, residence in VN

The Ministry of Finance has issued Circular No.219/2016/TT-BTC on collection, payment and management of fees for issuance of passports, visas, documents related to entry, exit, transit, and residence in Viet Nam.
visa vietnam receives csr award

Visa Vietnam receives CSR Award

Global payments technology company Visa has received a Corporate Social Responsibility (CSR) award from the American Chamber of Commerce (AmCham) for its efforts in bringing meaningful and positive change to the people of Vietnam.
pm urges e payment development

PM urges e-payment development

Deputy Prime Minister Vu Duc Dam has said there is a need for all ministries and relevant agencies to co-ordinate and connect with specific policies to promote electronic payments.
masan banks lift local stocks

Masan, banks lift local stocks

Shares rallied for a third succession session on Wednesday, driven by consumer goods producer Masan Group’s dividend payment plan, while financial-banking stocks continued to perform well.
stocks up after masan reveals dividend plan

Stocks up after Masan reveals dividend plan

Markets stayed positive on Wednesday morning as consumer goods producer Masan Group’s stocks rose after it announced its dividend payment plan. Market liquidity, however, remained low owing to weak investor sentiment.
south korean fund buys vnpt epay

South Korean fund buys VNPT Epay

South Korean investment fund UTC Investment Co., Ltd. (UTC) completed the purchase of 7.47 million shares, equalling a 62.25 per cent stake, in VNPT Electronic Payment JSC (VNPT Epay) from VMG Media Group, according to newswire Vnexpress.
real madrid return us 226 million illegal aid payment

Real Madrid return US$22.6 million 'illegal aid' payment

MADRID: Real Madrid, one of the world's richest clubs, have returned €20.3 million to Madrid city council after the EU said it constituted "illegal" state aid, city officials said on Friday (Nov 4).
viet nam announces tax rules for uber

Viet Nam announces tax rules for Uber

The Ministry of Finance has issued a document on tax payment rules for Dutch-based Uber International Holding BV for its car hailing service in Viet Nam.
sbv seeks safer online transactions for customers

SBV seeks safer online transactions for customers

State Bank of Viet Nam (SBV) Deputy Governor Nguyen Kim Anh yesterday called for drastic steps to make online payments more secure.
phuoc son gold resumes operation

Phuoc Son Gold resumes operation

On August 17, Phuoc Son Gold Company Ltd. (Phuoc Son Gold), managed by Canadian Besra Inc.’s Vietnamese subsidiary, has restarted the operation of its Dak Sa gold mine, thanks to Viet A Bank taking hold of 35 per cent of the company’s shares as debt payment.
ma tax payments vex authorities

M&A tax payments vex authorities

Tax in a merger and acquisition (M&A) is a complicated matter, but Nguyen Van Phung, head of the Big Corporate Tax Department of the General Department of Taxation under the Ministry of Finance and speaker at the 2016 Vietnam M&A Forum: “M&A in Wider Economic Boundaries”, told VIR’s Manh Bon that the tax authorities will make sure to collect their dues one way or another.
government approves plan to reduce cash use

Government approves plan to reduce cash use

The Government has approved an e-commerce development plan for 2016-20 that targets 50 per cent of consumers switching from cash to other forms of payment.