Mobile phone, QR code payments soar in popularity

Mobile phone, QR code payments soar in popularity

Electronic and cashless payments saw significant increases in Vietnam in the first half of this year, with internet transactions growing by 76% in volume and 1.79% in value.
Obstacles get in the way of e-tax payments

Obstacles get in the way of e-tax payments

The launch of e-tax was expected to facilitate tax declaration and tax payment, but some firms are still finding it difficult to fulfil their financial duties via the online portal.
Cashless payments are here to stay

Cashless payments are here to stay

Cashless payments have become a norm in many countries in recent years, bringing great benefits to individuals in the payment process.
Cashless payments more popular since pandemic

Cashless payments more popular since pandemic

With a few clicks on an e-wallet platform installed on her mobile phone, Do Nhu Hoa, a 38-year-old office worker in Hanoi, can easily pay for her electricity and water bills.
Calls for cashless payments to take-off in Viet Nam

Calls for cashless payments to take-off in Viet Nam

The prolonged COVID-19 pandemic has unexpectedly created "golden" conditions for the financial industry to accelerate digital transformation and shift to cashless payments
Vietnam pushing digital payments between businesses

Vietnam pushing digital payments between businesses

As one of the fastest-growing economies in Southeast Asia and with considerable volumes of FDI, Vietnam is adopting modern technology to enhance digital payments nationwide, global digital payment provider Visa has reported.
SBV updates security for card payments

SBV updates security for card payments

The State Bank of Việt Nam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system.
Vietnamese consumers prefer using cashless payments

Vietnamese consumers prefer using cashless payments

The total value of cashless transactions jumped six times in the first half this year against the same period of 2019
Vietnam sees surge in popularity of contactless payments

Vietnam sees surge in popularity of contactless payments

The popularity of contactless payments has rocketed in Vietnam over the last few years with banks launching more options for customers to enjoy going cashless
State Bank sets cashless payments as top priority for 2020

State Bank sets cashless payments as top priority for 2020

The State Bank of Vietnam SBV has issued a resolution to boost cashless payments in the country
Banks required to tighten control over credit card payments

Banks required to tighten control over credit card payments

The State Bank of Vietnam (SBV) has directed commercial banks to tighten control over credit card payments to prevent the improper use of credit cards.
Lack of cooperation prevents spread of non-cash payments

Lack of cooperation prevents spread of non-cash payments

A lack of cooperation between banks, service providers and customers is the major issue preventing the widespread use of cashless payments in Vietnam, Nguyen Dinh Thang, Chairman of LienVietPostBank’s Board of Directors, said at the Banking Vietnam 2019 e
"Shake hands" to push back cash in payments

"Shake hands" to push back cash in payments

VCN- Non-cash payments are becoming more and more popular thanks to a series of cooperation programs between banks and enterprises are deployed to promote people spend through electronic channels.
Electric tax payment reaches over 265 trillionvnd

Electric tax payment reaches over 265 trillionvnd

VCN- The latest statistics of the General Department of Taxation show that 506,000 enterprise sused more than 1.5 million electronic tax transaction payments to contribute more than 265 trillion vnd to the State budget.
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