transactions

Promoting personal digital signatures for electronic payment transactions

October 19, 2023 | 10:33

The National Electronic Certification Centre and the Vietnam Banks Association held a conference on October 17 about the role of personal digital signatures.

Banks race to implement digital transformation ecosystem

September 19, 2022 | 11:06

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.

Range of sectors to feel impact of new transactions

October 22, 2021 | 09:00

Since the Law on Competition 2018 took effect two years ago, the Ministry of Industry and Trade has received 125 dossiers about economic concentration notifications, compared to the average 4-5 of these notifications annually from 2013 to 2017, according to the latest report by the Vietnam Competition and Consumer Authority.

Lists of compulsory non-cash transactions announced

July 30, 2019 | 10:53

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.

ATM fees sting the pocket

March 04, 2013 | 15:03

Financial industry players are pondering the impact of Vietnamese banks’ recent move to charge fees on ATM transactions.

Adidas may have put foot in it

December 17, 2012 | 16:57

Adidas, the world’s second biggest sporting goods maker, is facing scrutiny from local tax authorities on suspicion of transfer pricing violations.

Ten things to do for boards and firms

December 10, 2012 | 17:24

Bernard Wang Toon Kim, Audit Partner of KPMG in Vietnam, shares his thoughts on what are the 10 agenda that members of boards and those charged with governance should consider for 2013 to address investors’ concerns on how well management is dealing with customers, suppliers, lenders, debt collection, and what management is doing to restore trust and confidence, sustain the company and prepare the business to ride out the storm.

Shining a light on related party disclosures

September 25, 2012 | 09:25

KPMG Vietnam audit partner Tran Hang Thu writes that it is time to cut through the complexity of related party disclosures.

HSBC apologizes for anti-money-laundering failures

July 18, 2012 | 09:57

HSBC apologized Tuesday for failing to apply anti-laundering rules and one senior executive resigned, as lawmakers accused the global bank of giving Iran, terrorists and drug dealers access to the US financial system.

Landmark law to tackle money laundering

July 09, 2012 | 11:44

Vietnam has been cited for a number of years as being a destination for international money launderers. Now, a landmark local law is expected to have a noteworthy impact on cleaning up the dirty money problem. Tony Nguyen and Nguyen Nu Thuy Linh, attorneys at EPLegal take a closer look at the law’s potential benefits and shortcomings.