19-12-2010 20:28
Bank of America on Saturday halted all transactions for WikiLeaks, joining other institutions that refuse to process payments for the website that has exposed a trove of US government cables.
11-12-2010 18:19
The California-based gas-detection device maker RAE Systems Inc agreed to pay a $1.7 million fine for making "improper payments" to Chinese officials, the Justice Department said Friday.
01-12-2010 20:38
US auto maker General Motors said on Wednesday it planned to reduce its debt by a further $1.0 billion(762 million euros) through the repayment of a credit owed by its South Korean subsidiary.
18-11-2010 09:49
Three of the largest US wireless carriers announced on Wednesday they are teaming up to build a national network to make payments by mobile phones.
27-10-2010 10:44
PayPal unveiled a new micropayments service on Tuesday that makes it easier to buy digital goods and announced an integration with social networking giant Facebook.
25-10-2010 07:10
US dollar credit repayment pressures were not the key factor creating strong exchange rate fluctuations in recent weeks.
11-10-2010 13:38
Mobile payments (m-payments) revenue in Asia-Pacific is expected to double from 2009 in the next five years, reaching $1.6 billion.
03-08-2010 09:52
KPMG Vietnam tax partners Ninh Van Hien and Do Thi Thu Ha look at the tax up and downsides of Vietnam’s real estate market.
17-09-2007 18:11
Banks are in a hectic race to attract new customers following a move to pay state workers’ salaries directly into bank accounts. Prime Minister Nguyen Tan Dung wants to fight corruption, reduce cash payments and improve system efficiency with Directive 20/2007/CT-TTg issued on August 24.
15-08-2006 18:32
Poor buyer sentiment is dealing a hard blow to Hanoi’s plans to auction off land use rights as a way to raise cash for infrastructure development and authorities are finding it difficult to take payments from buyers who won land auctions over the last three years.
13-07-2006 17:39
The Ministry of Industry (MoI) is pushing ahead for Central Party Committee approval to raise power prices.At a meeting with the committee’s Economic Board on energy prices, held last week in Hanoi, MoI officials said the urgent demands of reinvestment for power projects and debt repayment were the reason for the proposed increase of electricity prices.
05-06-2006 18:13
Current transactions using foreign exchange for payments, imports and exports will enjoy more freedom and will likely no longer need to be licenced, under a draft decree relaxing regulations on foreign currency.
07-11-2005 17:40
The majority of the 2006 state budget will be allocated for development investment, debt repayment and aid to ensure a sustainable growth rate for the economy, according to the resolution on state budget allocation that the National Assembly passed last week.
01-08-2005 18:02
Banking experts last week alerted Vietnam to the risk of international criminals taking advantage of fledgling banking system to conduct fraud via the country’s recently established card payment system.
18-07-2005 18:02
The State Bank of Vietnam (SBV) has called for the government to tighten regulations on debt repayments by state-owned corporations undergoing equitisation, in order to clear up the bad debt status of several state-owned commercial banks.