Keyword: "transactions"

40 Result

A customer uses a card for payment at a point-of-sale (Photo: VNA).

Many banks stop transactions of ATM magnetic cards

Many banks have recently announced they are stopping transactions of domestic automated teller machine (ATM) cards with magnetic strips, to ensure security for customers in the context of increasing cybercrimes.

Banking digitalisation sees rapid growth: SBV

Banking digitalisation sees rapid growth: SBV

The average annual growth in the number of transactions via QR code has reached 471.13% since the payment method's introduction in 2018, 77.41% of the Vietnamese adult population possess payment accounts with commercial banks reporting over 90% of all transactions conducted through digital channels, with some banks achieving a rate of up to 98%, according to the State Bank of Vietnam (SBV).
ASEAN Online Sale Day 2023 to take place in August

ASEAN Online Sale Day 2023 to take place in August

The ASEAN Online Sale Day 2023, the largest online shopping event in Southeast Asia, is scheduled to take place from August 8 - 22, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.
Vietnamese top int’l tourists in card spending in RoK

Vietnamese top int’l tourists in card spending in RoK

With nearly 200,000 KRW in each per-capita card transaction, Vietnamese tourists spent the most among international visitors to the Republic of Korea in 2022, according to the RoK’s credit card and financial service company BC Card.
Vietnam takes lead in internet economy in SEA

Vietnam takes lead in internet economy in SEA

Vietnam takes the lead and set to post a 31% growth in gross merchandise value (GMV) from 23 billion USD in 2022 to 49 billion USD in 2025, according to the latest "e-economy SEA 2022" report released by Google, Temasek and Bain & Company.
Banks race to implement digital transformation ecosystem

Banks race to implement digital transformation ecosystem

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.
Cashless payments the way of the future for Vietnam

Cashless payments the way of the future for Vietnam

The cashless payment system is prevalent worldwide. Going cashless has a lot of benefits for Vietnam, improving transaction safety and making it easier for the State to track transactions and facilitate tax collection.
ASEAN Online Sale Day 2022 to take place next month

ASEAN Online Sale Day 2022 to take place next month

The Association of Southeast Asian Nations (ASEAN) Online Sale Day 2022 is scheduled to be held from August 8 -10 to mark ASEAN’s 55th founding anniversary, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.