Financial titans seeking to prompt credit card adoption

Financial titans seeking to prompt credit card adoption

Despite several competitive advantages, the number of domestic credit card holders in Vietnam is still relatively low, but some financial institutions are attempting to break into this budding market.
International card organisations continually urged to cut fees

International card organisations continually urged to cut fees

The Viet Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.
VIB posts stable business in first half of 2020

VIB posts stable business in first half of 2020

Privately-held commercial lender VIB has just released its semi-annual financial report for 2020, reflecting steady growth during the period.
Credit card defaults a risk during COVID-19

Credit card defaults a risk during COVID-19

Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 pandemic.
Citi and Lazada launch first local e-commerce credit card partnership

Citi and Lazada launch first local e-commerce credit card partnership

Citi and Lazada Group have just launched the new Lazada Citi credit card in Vietnam – the first e-commerce credit card partnership in Vietnam.
LOTTE Finance launches credit cards with annual fee cashback for life

LOTTE Finance launches credit cards with annual fee cashback for life

The credit card launch marks an important milestone for Lotte Finance in positioning its premium brand in the Vietnamese market.
ANZ goes platinum with credit cards

ANZ goes platinum with credit cards

ANZ is to launch its ANZ Visa Platinum Credit Card in Vietnam, a move which will see the lender providing exclusive privileges to its growing number of wealthy customers in the country.