Cashless payments on the rise Videos

Cashless payments on the rise

Non-cash payments have become a new trend in Vietnam over recent times. When shopping or making other transactions, consumers can now use bank cards or mobile payment apps to enjoy preferential policies.
Short video market grows fast amid pandemic Business

Short video market grows fast amid pandemic

The COVID-19 pandemic in the last half of 2020 saw Vietnamese people download and use more phone applications than in 2019, according to the Mobile Application 2021 report from Appota Group.
Mobile Money users may be charged: authority Business

Mobile Money users may be charged: authority

Customers using Mobile Money, a freshly-approved pilot project, may be charged a certain fee, according to the Vietnam Telecommunications Authority under the Ministry of Information and Communications.
Banks launch domestic credit chip cards Business

Banks launch domestic credit chip cards

The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit.
More Vietnamese consumers now shop online Business

More Vietnamese consumers now shop online

Online shopping and electronic payments in Vietnam have become more common in recent years as more of the country's population gains access to the internet, and e-commerce in the 95 million-strong market is set to enter a rapid growth phase in the near future, according to industry experts.
Mechanism needed to boost cashless payments Business

Mechanism needed to boost cashless payments

Bolstering the use of e-payments is a key trend within Industry 4.0 but experts acknowledge that use in Vietnam is yet to be widespread due to a long-held preference for cash and the lack of a specific legal framework for such payments.
Patients benefiting from cashless payments at hospitals Videos

Patients benefiting from cashless payments at hospitals

Non-cash payment methods have been implemented at hospitals around the country over recent years, and despite initial bewilderment among patients the new and convenient way of paying has now found favour and been beneficial to patients.