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Local cardholders still use cards for cash withdrawal

31-01-2012 14:33

Though the Vietnamese payment card industry has posted impressive growth over the last 20 years, most local cardholders still use the cards for cash withdrawal, rather than conducting their payments with them.

BIDV rolls out E-Connection to benefit market

12-12-2011 11:04

After successfully deploying a trial period and signing a cooperation contract, since November Bank for Investment and Development of Vietnam (BIDV) and FPTS has officially brought the Ellectronic Collection and Payment Connection (E-Connection) into operation.

Western Union toasts its 8,000th agent in Vietnam

05-12-2011 09:01

Western Union, a leader in global payment services, last week clocked up a landmark 8,000 agents in Vietnam, making it the largest international money remittance network in the country.

Businesses shirk social insurance payments as bill mounts to VND6 trillion

01-12-2011 18:34

Vietnamese companies are forecast to owe VND6 trillion ($285.7 million) in social insurance payments to their staff by the end of the year.

Restructuring plan could save Air India $200 mln

01-12-2011 10:22

Loss-making national carrier says it is implementing a plan which will cut its loan interest payments by nearly $200 million a year.

Car buyers still in a spin

30-11-2011 15:59

Car purchases are still beyond the payment capacity of most local consumers though import tariffs will fall from January 1, 2012.

Vietnam Airlines offering discount on e-payment of tickets

27-11-2011 20:29

Vietnam Airlines will be offering a discount to customers making e-payments for tickets on routes to the ASEAN countries, Northeast Asian countries and to countries in Europe.

Three enterprises fined for violating foreign currency trading rules

25-11-2011 11:19

Bank inspectors in Hanoi have fined two companies and a university for violating regulations in foreign currency trading and payments.

$30 bln set aside for construction, socio-economic tasks

15-11-2011 19:39

The government will earmark almost VND634 trillion ($30 billion) of the 2012 state budget for activities such as construction, debt payment and other socio-economic and national defence tasks.

VietUnion pushes for e-payment

08-11-2011 11:00

VietUnion Online Services Corporation has officially started deploying bill payment network.

Thu Thiem IT park in the danger zone

26-09-2011 12:00

‘The late payment of land rentals to the Thu Thiem Township Authority was not the case’

Asian shares tumble on Greece fears

12-09-2011 16:46

Asian stock markets slumped while the euro dived to a 10-year low against the yen on Monday as concerns grew that Greece would default on its debt repayments.

New law hopes to regulate direct bank wage transfers

01-09-2011 14:01

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour-Salary under the Ministry of Labour, Invalids and Social Affairs.

Japan's Softbank unloads Yahoo! shares

27-08-2011 08:00

Japanese telecom giant Softbank on Friday said it was selling the bulk of its holdings in US Internet firm Yahoo! to Citibank in repayment of a 2004 loan.