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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.
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
Man beaten to death after refusing to tip masseur in Hanoi: reports

Man beaten to death after refusing to tip masseur in Hanoi: reports

The customer suffered fatal brain damage after the masseur hit him for not paying nearly four times the amount they had agreed on.
October 03, 2017 | 03:48 pm GMT+7
Vietnam’s public debt exceeds ceiling, prime minister says

Vietnam’s public debt exceeds ceiling, prime minister says

Public debt grew more than 18 percent a year on average during 2011-2015, much faster than the country's economic expansion.
January 07, 2017 | 09:55 am GMT+7
Vietcombank locks multiple cards over ATM theft risks

Vietcombank locks multiple cards over ATM theft risks

The bank says the preemptive move was made as some cash machines were vulnerable to thieves and their skimming devices.
October 15, 2016 | 02:47 pm GMT+7
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