Latching onto a payment model to fit all news tastes

Latching onto a payment model to fit all news tastes

Following in the footsteps of popular giants in the traditional press world, Vietnamese media groups are more keen to examine the prospects of new models that would charge readers for content online.
VNPay banking on e-payment strategy

VNPay banking on e-payment strategy

Although most everyday payments are still carried out with paper money in Vietnam, electronic and cashless solutions are on a stellar rise, with companies like electronic payment pioneer Vietnam Payment Solution JSC (VNPay) offering options that are unriv
Maritime sector reaps EVFTA advantages

Maritime sector reaps EVFTA advantages

The EU-Vietnam Free Trade Agreement, which took effect this month, will open up the country’s maritime industry.
VNG maintains investment in Zion to keep at e-payment race

VNG maintains investment in Zion to keep at e-payment race

Despite mounting losses at Zion, VNG remains adamant about maintaining its ownership at the e-payment firm to remain in this promising market.
Big-league funders at GoPay to push payments transformation

Big-league funders at GoPay to push payments transformation

The investment of Facebook and PayPal into Gojek might pave the way for its in-app e-payment services to enter Vietnam, but it is not an easy mission due to the fierce domestic competition. 
VNPAY honoured with Outstanding Fintech Award 2019

VNPAY honoured with Outstanding Fintech Award 2019

VNPAY has recently been honoured as one of the outstanding fintech companies of 2019 at the Outstanding Vietnamese Banks 2019 award ceremony.
Grab to inject $500 million into Vietnam in next five years

Grab to inject $500 million into Vietnam in next five years

Grab announced investing $500 million into Vietnam over a period of five years to tap into opportunities in fintech, new mobility solutions, and logistics.
Citi’s unbroken commitment to Vietnam’s progress

Citi’s unbroken commitment to Vietnam’s progress

By the time the United States normalised diplomatic relations with Vietnam in 1995, Citi already had a representative office in Hanoi. In 1994, Citi became the first US financial institution to be given a branch license, and it opened its first branch in Hanoi.
Local cybercrime threats on the rise

Local cybercrime threats on the rise

Though the quick advancement of fintech has helped cashless payments increase in Vietnam, it has also created a fertile land for cyber-criminals to exploit.
VN banks handle $898.4 b through e-payments in Q1

VN banks handle $898.4 b through e-payments in Q1

Viet Nam's interbank e-payment system handled 37 million transactions worth nearly VND21 quadrillion (US$898.4 billion) in the first quarter of the year, up 23 per cent and 17.8 per cent respectively compared to 2018, according to the State Bank of Viet Nam (SBV).
Pay your electricity bill with QR code

Pay your electricity bill with QR code

EVN partnered up with VNPAY to enable customers to pay their electricity bills online, through QR payments.
Starbucks Vietnam unveils card and mobile app

Starbucks Vietnam unveils card and mobile app

Starbucks Vietnam's customers can conveniently pay for purchases, earn stars, and find nearby stores.
Developing digital financial services for a non-cash society

Developing digital financial services for a non-cash society

VNPT-Media and VietBank have just signed an agreement to co-operate in a number of fields to expand their networks and roll out new products.
Foreign funds to help domestic e-payment firms with competition

Foreign funds to help domestic e-payment firms with competition

Foreign investors are expected to help domestic e-payment firms create new things and make a difference in the competition with foreign players.
Fintech firms need support from banks: SBV

Fintech firms need support from banks: SBV

The fintech (financial technology) sector is facing difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Le Minh Hung, Governor of State Bank of Vietnam (SBV).