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Cashless payments lead many into debt
Rising dependence on cashless transactions has ensnared people in a web of debt, proving a financial trend where the convenience of digital payments overshadows the peril of unchecked spending.
Cake digital bank wins innovative product award
Cake by VP Bank was the only digital bank to win an award at the Vietnam Outstanding Banking Award 2023.
Vietnamese buy into interest-free credit for durables
Using credit cards to buy consumer durables through installment plans is becoming a common trend, especially among young people.
December 20, 2021 | 04:39 am PT
Australian tourist reimbursed AUD$39,000 illegally charged by Saigon restaurant
In return he has withdrawn a fraud lawsuit he had filed against the company.
December 6, 2016 | 07:47 pm PT
Police hunt Saigon restaurant owner who allegedly charged Australian $30,000 for dinner
The restaurant had disappeared before the Australian man could make a complaint.
October 25, 2016 | 10:41 pm PT
Vietnam tightens grip on debt-collecting business
Debt collectors will no longer be allowed to dress like gangsters at work.
October 14, 2016 | 01:36 am PT
South Korea's Woori Bank to open subsidiary in Vietnam
Vietnam is opening up its banking industry to foreign players.
August 4, 2016 | 12:33 am PT