Lack of cooperation prevents spread of non-cash payments Business

Lack of cooperation prevents spread of non-cash payments

A lack of cooperation between banks, service providers and customers is the major issue preventing the widespread use of cashless payments in Vietnam, Nguyen Dinh Thang, Chairman of LienVietPostBank’s Board of Directors, said at the Banking Vietnam 2019 event in Hanoi on May 30.
 Vietnam still slow to offer public services online: CIEM Business

Vietnam still slow to offer public services online: CIEM

The number of Vietnamese public administrative services that have been made available online is still low, even after five years of implementing Resolution No.19 on the improvement of the business climate, said Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung.
Vietnam accelerates non-cash payment Business

Vietnam accelerates non-cash payment

Non-cash payments bring enormous benefits for individuals, banks and others, helping increase transparency while reducing social expenses relating to using cash.
Cashless payment needs a boost in rural areas Business

Cashless payment needs a boost in rural areas

Vietnam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.
Experts: Non-cash payments need support Business

Experts: Non-cash payments need support

The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. This could be a foundation for building e-government in Vietnam.