Electronic payment continues to flourish in Vietnam

Electronic payment continues to flourish in Vietnam

The trend of electronic and non-cash payments in the Vietnamese economy in 2023 continued to record growth of 52.35 per cent in volume over the same period last year.
The next frontier in delivering great customer experiences

The next frontier in delivering great customer experiences

It’s time to reflect on the most important changes we have witnessed and understand how businesses can adapt to the new normal by going digital-first.
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.
Benefits, challenges of mobile money (Infographics)

Benefits, challenges of mobile money (Infographics)

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, according to the Ministry of Information and Communications.
Non-cash payments bring new hope to tourism in Vietnam

Non-cash payments bring new hope to tourism in Vietnam

This year marks significant changes for the Vietnamese tourism industry. In addition to a wealth of attractive packages at reasonable prices, other sustainable solutions are being introduced to promote tourism, including the use of non-cash payments.
Visa supports “Cashless Day” in joint effort to promote non-cash payments in Vietnam

Visa supports “Cashless Day” in joint effort to promote non-cash payments in Vietnam

Cashless Day, held annually on June 16 by Visa, aims to promote the adoption of non-cash payments to drive Vietnam towards a cashless society.
Vietnamese take increasingly to cashless payments

Vietnamese take increasingly to cashless payments

Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.
Cash habit, poor infrastructure prevent to non-cash economy

Cash habit, poor infrastructure prevent to non-cash economy

While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
Opening way for digital payments

Opening way for digital payments

With the meteoric rise of non-cash payments in Vietnam, more and more banks and financial institutions are turning towards digital, subscribing to software providers like OpenWay that are working to unite the market – under their own name.
Work needed on non-cash payments for public services

Work needed on non-cash payments for public services

Governor of the State Bank of Viet Nam (SBV) Le Minh Hung has asked relevant agencies to help implement non-cash payments for public services, including tax, electricity, water, hospital and education fees.
Lists of compulsory non-cash transactions announced

Lists of compulsory non-cash transactions announced

Authorities have announced a list of transactions that will have to be made via banks in some areas in a move to boost non-cash payments.
Cashless payments record strong growth

Cashless payments record strong growth

The number of non-cash payments in Vietnam has steeply risen so far this year.
Mobile money service to promote non-cash payments

Mobile money service to promote non-cash payments

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, Minister of Information and Communications Nguyen Manh Hung said at a two-day conference on financial inclusion held in Ha Noi on Thursday.
Cashless payments an irreversible trend:SBV

Cashless payments an irreversible trend:SBV

An entrenched cash using habit and safety concerns are the main reasons for people not to switch to non-cash payments, a workshop heard in HCM City on Tuesday.
Hà Nội to develop non-cash payments

Hà Nội to develop non-cash payments

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.