Quang Ninh pilots cashless market model Sci-Tech

Quang Ninh pilots cashless market model

Traders at Ha Long 1 and Ha Long 2 markets in the northern coastal province of Quang Ninh are now able to go cashless as they can use digital payment services in a 4.0 market model introduced in early July.
Mobile Money subscribers quadruple in six months Sci-Tech

Mobile Money subscribers quadruple in six months

The Ministry of Information and Communications reported that the number of Mobile Money subscribers has quadrupled since the service was launched in January this year, 67% of whom were from rural, mountainous, border, island and remote areas.
Digital payment priority of Vietnamese consumers Business

Digital payment priority of Vietnamese consumers

In the context of the extensive digitalisation of services as well as multidimensional impacts of the COVID-19 pandemic, the behaviour and expectation of Vietnamese consumers have changed, turning digital payment into an evitable trend of the economy and their priority.
Series of virtual events scheduled to mark Cashless Day Business

Series of virtual events scheduled to mark Cashless Day

A host of events and activities will be held virtually on Cashless Day 2021 (June 16) to raise public awareness of non-cash payment and contribute to achieving goals set by the national financial inclusion strategy by 2025, with a vision towards 2030.
ShopeePay leads Indonesia’s e-wallet market World

ShopeePay leads Indonesia’s e-wallet market

Despite being a new player in Indonesia’s digital payment field, ShopeePay, the e-wallet arm of online marketplace Shopee, has become a market leader amid the e-commerce boom during the COVID-19 pandemic.
Vietnam pushing digital payments between businesses Sci-Tech

Vietnam pushing digital payments between businesses

As one of the fastest-growing economies in Southeast Asia and with considerable volumes of FDI, Vietnam is adopting modern technology to enhance digital payments nationwide, global digital payment provider Visa has reported.
COVID-19 sparks a boom in cashless payment: expert Business

COVID-19 sparks a boom in cashless payment: expert

The novel coronavirus outbreak has changed the payment habit in Vietnam, with non-cash transactions particularly surging in the public service, Director of the State Bank of Vietnam’s Payment Department Pham Tien Dung said on December 4.
Fintech market value to reach 7.8 billion USD by 2020 Business

Fintech market value to reach 7.8 billion USD by 2020

The financial technology (Fintech) industry is thriving in Vietnam with the market value expected to increase from 4.4 billion USD in 2017 to 7.8 billion USD by 2020, according to a report by Solidiance, a management consulting firm in the Asia-Pacific.
As Vietnam banks digitise, customer service key Business

As Vietnam banks digitise, customer service key

Customers must be at the centre of banks’ attention as they make a move towards digital transformation in an effort to adapt to a changing landscape of financial innovation and disruptive technologies.