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electronic payment

Seven banks allow customers to pay by QR codes in Laos

Seven banks allow customers to pay by QR codes in Laos

Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.
QR code payment transactions surged in 2024

QR code payment transactions surged in 2024

The year 2024 has marked a significant shift in Vietnamese consumer behaviour toward non-cash payments.
Electronic payment continues to flourish in Viet Nam

Electronic payment continues to flourish in Viet Nam

Payment transactions via QR code are increasingly popular in Viet Nam while ATM transactions are decreasing in both quantity and value.
China tests digital currency and policy recommendations for Viet Nam

China tests digital currency and policy recommendations for Viet Nam

That China officially tested its sovereign digital currency has raised the issue that Viet Nam needs to research on cryptocurrencies in the context of international integration.
Electronic fund transfer fees to be cut by at least 50 per cent

Electronic fund transfer fees to be cut by at least 50 per cent

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.
Pilot project allows fee payment for cars and motorbikes online

Pilot project allows fee payment for cars and motorbikes online

Residents in Ha Noi and HCM City will now be able to pay registration fees for cars and motorbikes through the Government’s national public service portal, banking electronic payment channels and intermediary payment service providers.
Inter-bank e-payment turnover hits 3.2 trillion in 2018

Inter-bank e-payment turnover hits $3.2 trillion in 2018

Inter-bank electronic payment turnover accelerated to VND73 quadrillion (US$3.2 trillion) in 2018, equal to 13 times the country’s GDP, according to Pham Tien Dung, director of the State Bank of Viet Nam (SBV)’s Payment Department.
Travellers can pay by e-wallet at airport

Travellers can pay by e-wallet at airport

The Vimo Technology Joint Stock Company (Vimo.vn) and Southern Airport Services Joint Stock Company (SASCO) haved signed a co-operation agreement on launching electronic payment services for Asian tourists when travelling into Viet Nam.
VN consumer wariness could impede e-commerce

VN consumer wariness could impede e-commerce

Executive Chairman of the Chinese Alibaba Group Jack Ma on Monday highlighted the significance of mobile payment development but said that the services is still facing an obstacle from Vietnamese consumers due to their deep-seated hesitation.
Mobile payment helps develop non-cash economy

Mobile payment helps develop non-cash economy

The Vietnam Electronic Payment Forum 2017 (VEPF) themed "Mobile Payment - a factor to promote the non-cash economy" officially opened this morning in Ha Noi.
Deputy PM signs no-cash policy

Deputy PM signs no-cash policy

Deputy Prime Minister Vuong Dinh Hue has signed a policy decision encouraging cash-free transactions in Viet Nam in order to reduce the number of cash-based deals, improve overall electronic payment methods and control tax evasion.  
E-payments booming in Viet Nam

E-payments booming in Viet Nam

Increased use of electronic payment products added US$880 million to Viet Nam''s Gross Domestic Product (GDP) from 2011 to 2015, according to a new report released by Moody''s Analytics.