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The HCM City Department of Taxation will implement the e-Tax system from February 10 to improve tax service quality in the city.

The Prime Minister has approved a project on accelerating the supply of level-four online services in the field of insurance and other public services based on data sharing between the Vietnam Social Security and related sectors.

Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.

Indonesian President Joko Widodo on October 23 announced a new Cabinet for his second and final five-year term in office from 2019 - 2024.

Deputy PM Vuong Dinh Hue hailed the Republic of Korea as a cashless payment model that Vietnam wants to follow during a reception in Hanoi for Director of the RoK’s Alliex Technology Company.

Vice Chairman of Ho Chi Minh City’s People’s Committee Ngo Minh Chau hosted Regional President for Asia Pacific of the US-based VISA company Chris Clark on August 7.

The Hanoi Railway Transport JSC (HARACO) and e-wallet and online payment gateway NganLuong.vn signed an agreement on August 6 to offer online booking and payment services for railway tickets.

Experts say that online tourism is an important turning point of the smokeless industry.

According to the recently approved amended Law on Tax Management, companies that have not opened their representative offices in Vietnam such as Google, YouTube and Facebook are obliged to pay taxes.

A wide range of telecommunications, information and communications technologies and solutions are being introduced at the Vietnam ICT COMM and Telefilm 2019, which opened in Ho Chi Minh City on June 6.

Around 99 percent of import and export tax payments in HCM City are made online, according to the customs department.

The State Bank of Vietnam (SBV) has requested credit institutions to enhance management to ensure their staff adhere to legal regulations and do not take part in “black credit” activities.

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.

Currently, businesses may not need to be present in each country to provide services. Therefore, the old concept of a physical business is no longer relevant in the digital age.

Thailand has emerged as the second-fastest growth for mobile payments in Southeast Asia behind Vietnam, which is the global leader, according to the Global Consumer Insights Survey 2019.

Vietnam Railway (VNR) and NextTech Group signed an agreement on April 23 in Hanoi to offer online booking and payment services for railway tickets through e-wallet VIMO.

Three men of the Republic of Korea (RoK) have been arrested for running an online gambling ring worth about 8.6 billion KRW (7.3 million USD).

Telecommunications firms are ready to pilot a mobile money service thanks to their modern technology infrastructure, customers, wide transaction point networks and financial resources.

Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a requirement recently issued by the General Department of Vietnam Customs.

The Government had agreed to pilot the use of telecommunication accounts to pay for goods and services with small value. This is not only a chance but also a challenge when unexpected things happen.