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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.
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 06, 2020 | 02:45 pm GMT+7
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 20, 2019 | 11:18 am GMT+7
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 21, 2019 | 02:12 pm GMT+7
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 26, 2019 | 01:52 pm GMT+7
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 | 04:45 pm GMT+7
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 13, 2019 | 11:50 am GMT+7
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 10, 2019 | 11:10 am GMT+7
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 25, 2019 | 08:31 am GMT+7
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 16, 2019 | 08:11 am GMT+7
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 | 10:30 pm GMT+7
Expressway builder asks government for payment

Expressway builder asks government for payment

A road construction company has asked authorities to make payment for an expressway it had built from Hanoi to Hai Phong in 2015.
August 29, 2018 | 09:58 am GMT+7
HCMC plans to stop tax dodgers by enforcing card payments in restaurants

HCMC plans to stop tax dodgers by enforcing card payments in restaurants

The city's tax office is likely to miss its revenue target this year, and is looking at more effective monetary management.
December 08, 2017 | 12:00 pm GMT+7
Vietnam approves Alibaba's online payment platform: reports

Vietnam approves Alibaba's online payment platform: reports

With more and more Chinese tourists arriving, why not encourage them to spend more?
November 15, 2017 | 03:22 pm GMT+7
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