The State Bank of Việt Nam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment.
The State Bank of Viet Nam on Tuesday issued a directive to reduce the fees for transactions via interbank electronic payment system by 50 per cent for local banks.
The Government’s efforts to boost cashless payment have shown signs of paying off, with both the number of transactions and their total value seeing double-digit growth in the first months of the year.
Sacombank and Japan’s JCB International Co., Ltd on Monday (January 14) signed an agreement to deploy the latter’s QR code payment system and launch the Sacombank JCB platinum debit card.
Starbucks will officially on Saturday launch the second-phase loyalty programme with the introduction of the new Starbucks card, a cashless payment system, and a mobile app to provide two fast and convenient ways for customers to make payments.
Viet Nam has intensified inspections on cryptocurrency transactions as trading and investments using this payment system are on the rise in the country.
The Vietnam Bank for Agriculture and Rural Development (Agribank)
launched a cross-border payment system via Internet banking with Laos''
Phongsavanh Bank (PSVB) on November 5 in Laos'' capital Vientiane.
The IT infrastructure in the Vietnamese banking
sector should be d due to the rapid development of technology. Nguyen
Minh Hong, deputy minister in the Ministry of Information and
Communications, stated this at the Banking Vietnam 2014 on May 21 in Ha
Noi.