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South Korean firm to invest $700 mln towards cashless payment in Vietnam

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.

B2B startup KiotViet lands $6 million from foreign investors

B2B startup KiotViet lands $6 million from foreign investors

Vietnamese startup KiotViet has raised $6 million in a Series A funding round from Singaporean venture fund Jungle Ventures and Indonesian unicorn Traveloka.

TPBank to launch payment service in partnership with UnionPay

TPBank to launch payment service in partnership with UnionPay

Vietnam’s TPBank has signed a payment service partnership pact with China’s UnionPay International, targeting tourists as potential customers.

July 15, 2019 | 02:08 am PT

Tax incentives can speed up cashless payment in Vietnam

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

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

Deputy PM calls for crackdown on Chinese digital wallet payments

Deputy PM calls for crackdown on Chinese digital wallet payments

The Vietnamese government wants to stop tourists from using Chinese electronic wallets, saying it results in tax evasion.

September 5, 2018 | 12:35 am PT

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