Vietnamese consumers expect seamless banking experience Business

Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will abandon the process. One out of six Vietnamese will drop out if asked more than five questions.
PVcomBank wins prestigious international awards Business

PVcomBank wins prestigious international awards

The Vietnam Public Joint Stock Commercial Bank (PVcomBank), in which the State-owned Vietnam Oil and Gas Group (PetroVietnam) holds a 52-percent stake, has been honoured as the Best Trade Finance Bank, the Best Card Service Provider, and the Best Bank for Customer Services in Vietnam for 2021 among the Finance Derivative Awards.
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.
Singapore Fintech Festival to be held ASEAN

Singapore Fintech Festival to be held

The Singapore Fintech Festival (SFF) is an annual fintech event organized by the Monetary Authority of Singapore, held in conjunction with the Singapore Week of Innovation & TeCHnology (SWITCH).
Vietnam on way to becoming cashless nation Business

Vietnam on way to becoming cashless nation

Over the past years, the Vietnamese Government has kept promoting non-cash payment with domestic or international credit cards and debit cards such as Mastercard, and launched e-wallet models. ​
Online shopping on the rise in HCM City Business

Online shopping on the rise in HCM City

The e-commerce market in Ho Chi Minh City has developed significantly, with total online spending growth up by more than 12 percent annually since 2015, according to the municipal Department of Industry and Trade’s report on e-commerce development.