Banks do away with physical offices to aid digital services

Banks do away with physical offices to aid digital services

As Vietnam implements strict social distancing measures, banks have been stretched thin with some temporarily closing their brick-and-mortar offices to help customers go digital.
Digital services to spur increasing remittances

Digital services to spur increasing remittances

Even as the global industry is on a declining trajectory, the rising number of international remittances is predicted to flow into Vietnam and some digital initiatives are being explored to smoothen and expedite remittance transactions.
Tax duties closing in for digital services 

Tax duties closing in for digital services 

Vietnam’s ability to charge taxes from cross-border platforms may soon improve thanks to the Organisation for Economic Co-operation and Development’s new tax rules, focusing on expanding the country’s taxing rights under international laws.