Vientiane (VNA) – A cooperation agreement on airline ticket payments via UNITEL services was signed on January 13 in Vientiane, Laos between Star Fintech, a member of Star Telecom (Unitel) – a Viettel joint venture in Laos, and Lao Airlines, the national carrier of Laos.
Under the agreement, payments for Lao Airlines tickets will be made through the Umoney e-wallet provided by Star Fintech. The partnership marks an important step forward in Laos’ aviation digital transformation roadmap, while helping remove long-standing monopolistic barriers in the country’s airline payment system.
According to the deal, Umoney will deliver a fully integrated payment gateway solution on Lao Airlines’ official mobile application and website. A key breakthrough lies in the introduction of an intermediary payment aggregator model. For the first time in Laos, customers will not only be able to pay using the Umoney e-wallet but also use accounts from other partner banks to seamlessly purchase airline tickets online.
The cooperation is widely seen as a strategic move to comprehensively address bottlenecks in aviation payments. Previously, online ticket purchases for Lao Airlines relied almost entirely on the payment gateway of Banque pour le Commerce Extérieur Lao (BCEL) or international credit cards, creating significant obstacles for customers using other banking systems. With Umoney’s solution, equal access to services has been established, offering greater convenience without requiring users to switch banks or own international credit cards.
Speaking at the signing ceremony, Ha Chien Thang, Director of Star Fintech, said the partnership helps realise Umoney’s goal of promoting inclusive digital finance, with the aspiration of becoming a “financial companion” for every passenger. The cooperation aims to make ticket booking safer, faster and more convenient, enabling users to pay for their journeys anytime and anywhere using Umoney or linked bank accounts.
In 2025, Umoney recorded several major milestones, including becoming the first e-wallet to successfully connect with Laos’ national payment network (LAPNet) and launching online savings services. The partnership with Lao Airlines is part of Umoney’s broader brand repositioning strategy, reinforcing its position as the e-wallet with the largest market share and widest coverage in Laos, particularly in rural and remote areas.
For its part, Lao Airlines is currently the largest and only airline in Laos, operating an extensive network of domestic and international routes. The integration of Umoney’s payment gateway is expected to enhance customer experience, shorten booking times and significantly reduce pressure on the airline’s traditional ticketing system./.
See more
Finance ministry seeks public feedback on minimal tax on digital assets
Under the draft, the transfer and trading of crypto assets would not be subject to value-added tax. Individual investors, regardless of residency status, would be required to pay personal income tax at a rate of 0.1% on the gross value of each transfer. This approach mirrors the current tax method applied to securities transactions.
Vietnam aims to meet 80–85% of domestic steel demand by 2030
Vietnam aims to meet 80–85% of domestic steel demand by 2030. Crude steel production is targeted at 25–26 million tonnes per year, with annual growth of 7–8%, while finished steel output is expected to reach 32–33 million tonnes per year, growing by 5.5–6.5% annually. Per capita steel consumption is projected at 270–280 kg per year.
Spring Fair 2026 boosts momentum for Vietnam’s Halal sector
The fair’s greatest value for Halal products lies less in immediate revenue than in building trust and standardising business practices. In a market where certification determines entry, it highlights that expansion must begin with fundamentals, standards, raw materials, production processes and readiness.
PM calls for more vigorous implementation of nuclear power projects
Describing nuclear power plants as nationally significant, strategic projects with a century-long vision, PM Chinh called for urgent and responsible implementation of tasks within assigned authority, with any outstanding issues promptly reported to higher authorities.
Lien Khuong International Airport to close from March to August 2026 for repairs
The Ministry of Construction announced the suspension on February 12, stating that the airport will halt operations from 00:00 on March 4 to 23:59 on August 25 to allow construction under a project to repair and upgrade its airside infrastructure.
VinFast reports 55% jump in January vehicle deliveries
Across all segments, VinFast’s smart EV lineup continues to drive market growth and support Vietnam’s transport green transition.
Spring Fair 2026 elevates trade promotion in tandem with market development: official
In 10 days, the fair attracted around 500,000 visitors, including international delegations from India, the Philippines, Belgium, the Republic of Korea, Japan and China seeking partnership opportunities.
Retail petrol prices rise in February 12 adjustment
E5 RON 92 rose by 395 VND, now capped at 18,834 VND (0.73 USD) per litre, while RON95-III increased by 418 VND to a maximum of 19,298 per litre.
Dai Bai traditional bronzeware highlights living heritage at Spring Fair
Dai Bai bronze casting village in Gia Binh commune, Bac Ninh province is not merely a production site but a “living heritage” embodying the cultural traits of Kinh Bac, attracting young workers and dedicated artisans committed to preserving and promoting the craft.
Building smart border gates to enhance competitiveness, drive growth
With plans to build the Mong Cai–Ha Long–Hai Phong railway alongside the smart border gate and economic cooperation zone, Quang Ninh is positioning itself as a new growth pole in northern Vietnam and a key gateway for economic cooperation between Vietnam, ASEAN and China.
Noi Bai, Tan Son Nhat airports expect record passenger volumes during Tet
Information from Noi Bai International Airport showed that during the peak Tet period, passenger traffic is forecast to reach a record high, posting double-digit growth year on year. Specifically, in the seven days before Tet (February 10–16), Noi Bai is expected to serve more than 725,000 passengers, up 16% from the same period in 2025, with 4,467 flights, an increase of 12.5%.
Spring Fair 2026 spreads cultural values, boost trade
From handwoven brocade textiles to traditional ethnic costumes, the fair presents vivid cultural colours and highlights how local producers are introducing heritage products to the modern market, expanding consumer reach, building brands, and strengthening trade links.
Hanoi markets come alive as Tet 2026 approaching
A recent survey shows flower prices have seen only slight fluctuations this year thanks to favourable weather conditions. Peach blossoms are priced from 200,000 VND to several million VND, depending on size and shape.
Reference exchange rate stays stable on February 12
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,303 VND/USD, and the floor rate 23,798 VND/USD.
Vietnam, China bolster cooperation in agricultural trade
Guangxi’s agricultural imports from Vietnam totalled 12.09 billion CNY, up 10.8% year on year, highlighting Vietnam’s increasingly important role in the regional agricultural supply chain.
Ho Chi Minh City to tackle public spending bottlenecks
By the end of 2025, the city had disbursed 74% of the amount targeted by the Government – 89.07 trillion VND (3.7 billion USD) out of 120.32 trillion VND – well below the near-100 % rate typically required to maximise economic impact.
Hanoi aims to attract 4.5 billion USD in FDI in 2026
The plan was under Decision No. 53/KH-UBND on international economic integration in 2026, aiming to create momentum for rapid and sustainable growth, while simultaneously enhancing the competitiveness and position of the capital city in the context of deep integration.
Spring Fair 2026: Vietnamese trade offices abroad serve as vital connectors
The presence of numerous foreign delegations, trade promotion agencies and overseas enterprises at the first Glorious Spring Fair 2026 in early February was no coincidence, but reflected systematic outreach and matchmaking efforts by Vietnam’s network of trade offices abroad.
Ministry of Finance clarifies new gold bar tax amid market concerns
Under the new Personal Income Tax Law No. 109/2025, adopted by the National Assembly, a 0.1% tax will be levied on each transfer of gold bars. The Government will set value thresholds to exempt individuals purchasing gold for savings rather than speculative purposes.
Standing Deputy PM underscores three infrastructure pillars for VIFC
Standing Deputy Prime Minister Nguyen Hoa Binh described the VIFC as a long-haul endeavor that could take five years or longer to fully gauge its outcomes.