Central bank worried about high foreign ownership in fintech firms

Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.

Cash transactions remain highly popular in Vietnam compared to other ASEAN countries as it has low banking penetration.

The HCMC administration has instructed all schools, hospitals and many others to accept non-cash payments when collecting fees.

Vietnamese consumers are carrying less cash as they use credit and debit cards more frequently, a new study says.

Vietnam’s far away from becoming a cashless society, given low financial literacy and the lack of an ecosystem, experts say.

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.

A road construction company has asked authorities to make payment for an expressway it had built from Hanoi to Hai Phong in 2015.

The city's tax office is likely to miss its revenue target this year, and is looking at more effective monetary management.

With more and more Chinese tourists arriving, why not encourage them to spend more?

The customer suffered fatal brain damage after the masseur hit him for not paying nearly four times the amount they had agreed on.

Public debt grew more than 18 percent a year on average during 2011-2015, much faster than the country's economic expansion.

The bank says the preemptive move was made as some cash machines were vulnerable to thieves and their skimming devices.

Smartphone leader Samsung Electronics has for years been a spectator as Apple built a services "ecosystem" supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the fight to its U.S. archrival.