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Cashless Day 2023: digital payments drive financial transformation

29-05-2023 14:50

With non-cash transactions surging by 53 per cent in volume and internet-based transactions skyrocketing by 88 per cent in volume, Vietnam's drive towards a cashless society is gaining momentous growth, empowering 75 per cent of its population with active bank accounts and registering over 3.71 million mobile money accounts.

Tough times for garments and textiles firms

26-05-2023 16:00

Garments and textiles firms are experiencing several hardships at the same time, with not only crippling interest repayments, but some are also experiencing scarcity of capital and a considerable drop-off in orders. Add in a slow and complex tax refund system, and it's easy to see why garments and textiles firms are suffering.

MoMo dominates Vietnam's e-wallet market with 68 per cent share

24-05-2023 16:30

The cashless payment landscape in Vietnam is experiencing a surge of activity, with MoMo emerging as the dominant player in the e-wallet sector. Positioned at the forefront of this dynamic market, MoMo has solidified its position as the go-to choice for Vietnamese consumers seeking convenient and secure digital transactions.

Visa and SmartPay to boost digital payment solutions for MSMEs

17-05-2023 17:54

Visa and SmartPay announced a partnership on May 17 that will empower micro, small, and medium-sized enterprises (MSMEs) with the essential tools that they need to compete in the burgeoning digital payment era.

PVcomBank launches its multichannel payment service

17-05-2023 15:41

PVcomBank has launched its multichannel payment service in collaboration with Visa and Vietpay Technology, a member of UK-based multinational group Nexxo Ventures Ltd.

Payment deadlines proposed for domestic vehicles

08-05-2023 15:00

The Ministry of Finance has asked the government to postpone the payment of special consumption tax on domestically manufactured and assembled automobiles to support businesses that face rising loan rates, low credit limits, and uncertainties in the financial market.

Dreamship and Stripe help Vietnamese print business expand abroad

06-05-2023 12:05

The US provider of print-on-demand products Dreamship has announced its recent partnership with Stripe, a global payment gate, marking a significant milestone for the company's growth and expansion in the Vietnamese market. Bill Bricker, Dreamship's founder, talked with Bao Giang about the company’s commitment to the Vietnamese market.

Visa launches updated Security Roadmap for Vietnam

26-04-2023 20:43

Visa has announced a series of new payment security measures for Vietnam that will help fight cybercrime and keep consumers and businesses safe.

Credit institutions allowed to reschedule repayment terms

25-04-2023 12:17

Credit institutions and foreign bank branches are now allowed to restructure the repayment terms to support clients struggling with production and business expenses.

Team Visa Athletes announced with 100 days to go until the FIFA Women's World Cup

14-04-2023 09:00

Visa, the exclusive payment service partner of the FIFA Women's World Cup 2023 in Australia and New Zealand, joined the celebrations on April 14 to mark 100 days to go and unveil the 31 women football players it is supporting through its Team Visa programme.