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Vietnamese buy into interest-free credit for durables

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.
Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in attracting funding in the fintech industry with $375 million, accounting for 11 percent of the six major ASEAN economies, a report shows.
November 12, 2021 | 01:00 am PT
Startup with daily salary payment app bags $3 mln funding

Startup with daily salary payment app bags $3 mln funding

Nano Technologies, a startup that has developed an app which allows workers to access accrued wages without waiting for payday, has raised $3 million in pre-seed and seed funding.
May 13, 2021 | 09:31 pm PT
Social media payment apps test Vietnamese waters

Social media payment apps test Vietnamese waters

Social payment, or money transfer via social media, is entering an early development stage in Vietnam as new players step in.
December 1, 2020 | 05:31 pm PT
Fintech firm NextPay seeks to raise $100 mln

Fintech firm NextPay seeks to raise $100 mln

E-payment company NextPay Holdings plans to raise up to $100 million in the first quarter next year via a private placement.
September 5, 2020 | 11:45 pm PT
Southeast Asia's mobile payments face shakeout as market booms

Southeast Asia's mobile payments face shakeout as market booms

Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colorful adverts for e-wallets.
October 19, 2019 | 08:18 pm PT
Central bank worried about high foreign ownership in fintech firms

Central bank worried about high foreign ownership in fintech firms

Vietnam’s central bank is worried foreign ownership of up to 90 percent in large fintech firms could lead to market manipulation.
August 20, 2019 | 11:12 pm PT
Vietnam to block Google payment for inappropriate YouTube content

Vietnam to block Google payment for inappropriate YouTube content

Vietnam will block payments Google makes for YouTube content that violates its laws as it seeks to force the company to follow local regulations.
June 25, 2019 | 10:52 pm PT
Vietnam to auction unused coin currency as scrap

Vietnam to auction unused coin currency as scrap

Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.
May 14, 2019 | 01:45 am PT
Vietnam cashless transactions among lowest in ASEAN

Vietnam cashless transactions among lowest in ASEAN

Cash transactions remain highly popular in Vietnam compared to other ASEAN countries as it has low banking penetration.
May 12, 2019 | 08:50 pm PT
HCMC schools, hospitals to accept cashless payment

HCMC schools, hospitals to accept cashless payment

The HCMC administration has instructed all schools, hospitals and many others to accept non-cash payments when collecting fees.
May 9, 2019 | 08:10 pm PT
Vietnamese consumers using less cash, more cards: study

Vietnamese consumers using less cash, more cards: study

Vietnamese consumers are carrying less cash as they use credit and debit cards more frequently, a new study says.
March 24, 2019 | 05:31 pm PT
Businesses have long wait to cash in on cashless Vietnam

Businesses have long wait to cash in on cashless Vietnam

Vietnam’s far away from becoming a cashless society, given low financial literacy and the lack of an ecosystem, experts say.
January 15, 2019 | 05:11 pm PT
Eximbank exec con: customer breaks ties with bank after it appeals verdict

Eximbank exec con: customer breaks ties with bank after it appeals verdict

The relationship between Chu Thi Binh and Eximbank, which repaid the $10.55 million stolen from her account by an official, has gone pear-shaped.
December 13, 2018 | 07:30 am PT
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