Vietnam to launch Mobile Money services in Q2 2021
Vietnamese telecom companies are accelerating the preparation for the launching of direct carrier billing services in next few months.
15:37, 2020/12/20
Vietnam banks required to issue chip cards from March 2021
As of the end of the third quarter, Vietnam has around 93.78 million bank cards in circulation, in which the majority are magnetic cards.
14:58, 2020/12/16
Race for digital banking transformation heats up
The Covid-19 pandemic has changed customers’ behavior and perception regarding digital banking services.
15:33, 2020/10/20
Vietnam e-commerce market may lose US$2.6 billion on Covid-19
During the first four months of 2020, 57% of firms operating in the e-commerce market reported a 30% year-on-year decline in revenue.
15:48, 2020/09/22
Weak credit demand leads to credit growth at only 4.81% in Jan-Sept
The growth rate is far away from the credit growth target of 14% set by the government for this year.
12:56, 2020/09/09
Vietnam c.bank to finalize legal framework for fintech, digital banking
The government is responsible for not only promoting innovation in the banking sector, but also maintaining stability and safety of the financial market.
10:38, 2020/08/28
Hanoi eyes half of population conducts cashless payments in e-commerce by 2025
The local goverment expects 55% of its population to get involved in e-commerce by 2025 and the percentage is set to grow by two percentage points per year.
10:41, 2020/06/17
Vietnam credit growth slows to 2.13% in 6-month period
Credit demand in Vietnam is expected to stay low in the foreseeable future as the Covid-19 pandemic continues to be complicated globally, said a central banker.
14:30, 2020/05/27
Vietnam gov't pushes for wider use of cashless payment
Cash has constituted 11.3% of total means of payment as of December 31, 2019.
13:47, 2020/05/19
Vietnam targets 55% of population shopping online by 2025
Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years.