visa launches account updater to streamline payment experiences

Visa launches account updater to streamline payment experiences

Visa has announced the expansion of Real Time Visa Account Updater (VAU) to selected markets in Asia Pacific, streamlining the payment experience for merchants and customers by providing cardholders with a single credential for life.
digital financial services on upward trend in vietnam

Digital financial services on upward trend in Vietnam

Vietnam continues to see an upward trend in digital financial service adoption as digital payments gain traction.
promoting personal digital signatures for electronic payment transactions

Promoting personal digital signatures for electronic payment transactions

The National Electronic Certification Centre, under the Ministry of Information and Communications, and the Vietnam Banks Association (VBA) jointly held a conference on October 17 about the role of personal digital signatures in electronic payment transactions and the challenges ahead.
unleashing vietnams digital potential citi ecommerce and technology conference 2023

Unleashing Vietnam's digital potential: Citi eCommerce and Technology Conference 2023

On October 4, Citi Vietnam hosted the eCommerce and Technology Conference 2023 for clients, titled ‘Unleashing Vietnam's Digital Potential,’ at Park Hyatt Saigon Hotel in Ho Chi Minh City.
cashless society ambitions offered a helping hand

Cashless society ambitions offered a helping hand

Vietnam is swiftly revolutionising its financial sector by phasing out outdated card technologies, embracing non-cash solutions, and enacting laws to enhance security.
wholesale solutions to digital development

Wholesale solutions to digital development

The digital economy has been playing an increasingly important role, becoming a main driving force to promote sustainable and resilient development.
vietnam receives 41 million from world bank for sale of forest carbon credits

Vietnam receives $41 million from World Bank for sale of forest carbon credits

Vietnam has received over $41 million from World Bank for sale of forest carbon credits, equal to 80 per cent of the committed amount under the Emission Reductions Payment Agreement.
bac a banks fresh links to businesses

BAC A BANK’s fresh links to businesses

BAC A BANK is offering new incentives to new and ongoing business customers, as well as continuing its safe salary payment services for employees.
a journey of discovery from visa global travel intentions study 2023

A journey of discovery from Visa Global Travel Intentions Study 2023

The Visa Global Travel Intentions Study (GTI) 2023 offers valuable insights into the evolving travel habits of tourists, presenting a roadmap for businesses to cater to their needs while showcasing the country's unique charms.
thai chinese firms tie up in cross border payment

Thai, Chinese firms tie up in cross-border payment

TrueMoney, a leading fintech company in Thailand, has partnered with Ant Group of China to launch cross-border mobile payments between Thailand and China, allowing Thai tourists to use TrueMoney e-wallet to make payments to tens of millions of merchants in China.
bis pledges support for vietnam in banking infrastructure development digital transformation

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
us banks push deals in vietnamese market

US banks push deals in Vietnamese market

US financial institutions and digital payment innovators are intensifying their capital commitments to the burgeoning Vietnamese market.
renewable energy companies report lower earnings burdened with bond debts

Renewable energy companies report lower earnings, burdened with bond debts

Renewable energy companies have recorded declining earnings results, partly due to burdens on corporate bond payment.
cashless payments in e commerce to account for 50 per cent by 2025

Cashless payments in e-commerce to account for 50 per cent by 2025

The Ministry of Industry and Trade (MoIT) has set a target to increase the cashless payment ratio in e-commerce, especially e-payments through payment intermediaries or applications, to 50 per cent by 2025.
e commerce tax compliance required

E-commerce tax compliance required

Local authorities have announced intentions to reinforce tax declarations and payments, as numerous e-commerce platforms have been found to provide inadequate tax information.