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Tag
cashless payment
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Vietnam spells out ambitious goal to improve business environment
Vietnam wants to climb 5-7 places in the World Bank’s ease of doing business rankings and reach the top four in Southeast Asia.
Vietnam tops world in growth of mobile payment users
The number of Vietnamese people making mobile payments in stores this year has grown fastest globally by 24 percent.
Tax incentives can speed up cashless payment in Vietnam
Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments.
May 2, 2019 | 01:39 am PT
E-wallets Vimo and mPOS to merge
NextPay, formed by the merger of Hanoi-based payment startups Vimo Technology and Vietnam mPOS Technology, will raise $30 million.
June 11, 2019 | 05:59 pm PT
SBV to remove daily transaction cap for e-wallets
The State Bank of Vietnam plans to scrap the VND20 million ($856) daily transaction limit for e-wallet users, only retaining a monthly cap.
June 12, 2019 | 06:13 pm PT
South Korean firm to invest $700 mln towards cashless payment in Vietnam
Financial solutions firm Alliex will invest over $700 million to build shared Point of Sales (POS) across Vietnam.
September 20, 2019 | 06:00 pm PT
Vingroup unit licensed to offer e-wallet services
Vingroup’s loyalty program VinID has been permitted to operate e-wallet services, furthering the private conglomerate’s foray into cashless payment.
September 24, 2019 | 04:00 am PT
Digital payment market consolidates under big names
Although Vietnam has 28 licensed e-wallets, 70-90 percent of market share has shifted between six big players.
November 10, 2019 | 07:00 pm PT
Has Covid-19 subverted the traditional Vietnamese consumer?
The Covid-19 pandemic has introduced many traditional Vietnamese consumers to the convenience of online shopping and they might not return to old ways.
May 13, 2020 | 06:13 pm PT
Vietjet to set up e-wallet subsidiary
The Vietjet Air board has approved the setting up of an e-wallet service in which the carrier will own a 51 percent stake.
June 15, 2020 | 08:18 pm PT
E-wallets seek to grab opportunity as pandemic keeps people shopping online
Businesses are pushing cashless payment services amid demand triggered by social distancing measures imposed to curb Covid-19.
July 29, 2020 | 12:08 am PT
Give and take is not a given when money is digitized
Cashless transactions look like a win-win situation, but issues of privacy and individual freedom are far from guaranteed, and there are some disquieting implications.
January 13, 2021 | 04:49 pm PT
Gojek shifts gears to introduce car rides in Vietnam
Indonesia-based ride hailing company Gojek will start offering car rides service in Vietnam in the next few weeks and allow cashless payments later this year.
May 5, 2021 | 11:11 pm PT
More Vietnamese use digital banking for small ticket spending: survey
Around 77 percent of Vietnamese consumers know about digital banking services and nearly a third use them, a Visa study has found.
August 26, 2021 | 05:28 pm PT
Vietnamese students in China get familiar with cashless lifestyle
When she first arrived in China at the beginning of this year, Truong Thi Huong Giang surprised a supermarket cashier by seeking to pay in cash.
May 28, 2023 | 03:48 pm PT
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