Business

Visa renews partnership with HCM City’s Department of Transport

Visa, the world’s leader in digital payments, has renewed its memorandum of understanding (MoU) with Ho Chi Minh City’s Department of Transport to transform urban mobility across the city.
Visa renews partnership with HCM City’s Department of Transport ảnh 1

Representatives of HCM City's Department of Transport and Visa at the signing ceremony. (PHOTO: VISA)

HCM City (VNA)- Visa, the world’s leader in digital payments, has renewed its memorandumof understanding (MoU) with Ho Chi Minh City’s Department of Transport totransform urban mobility across the city.

Thepartnership aims to develop modern public transit systems with open-loop EMVtap-to-ride technology, allowing riders to use their existing payment cards,and mobile wallets to pay for their transit fare, e-tickets, electric vehiclecharging, toll fees, and car-park fees, The Saigon Times has reported.

“The use ofcontactless payments will improve the travel experience for all commuters, makingjourneys more smart, seamless, and secure,” said Dung Dang, country manager ofVisa Vietnam and Laos.

The first MoUbetween HCM City’s Department of Transport and Visa saw contactless tap-to-ridepayments rolled out in 50 buses in the city. Under the renewed deal, HCMC aimsfor a 20-fold increase to 1,000 buses.

The twosides will also continue to engage themselves in initiatives and publicpolicies that will enhance smarter mobility across the city.

HCM City isadopting measures to develop a smart city, including the establishment of aninterconnected online ticketing system for public transportation. The suggestedplan states that by 2025, all bus public services would accept e-tickets.

With thedevelopment of Metro Line 1, the use of cashless payment for public transportationin HCM City will be more popular in the future./.
VNA
#VietnamPlus #Vietnam News Agency #Ho Chi Minh City #VISA #partnership #smart city #e-tickets. public transportation
Follow VietnamPlus

Related News

HCM City to set up more CNG filling stations

HCM City to set up more CNG filling stations

Ho Chi Minh City’s Department of Transport plans to set up three new compressed natural gas (CNG) filling stations to meet refueling demand of CNG buses this year, according to the director of the department’s Public Transportation Management Centre.
HCM City tops nation in FDI attraction in first eight months

HCM City tops nation in FDI attraction in first eight months

Ho Chi Minh City topped the country in foreign direct investment (FDI) attraction in the first eight months of 2022, accounting for 16.1% of the national figure, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
HCM City to provide all public services online in 2023

HCM City to provide all public services online in 2023

Ho Chi Minh City has set a target to provide 100% of public services online through completing connection with the National Public Service Portal in 2023, according to the municipal Department of Information and Communications.

See more

Wistron Infocomm Vietnam Co., Ltd, an FDI enterprise, has invested in Dong Van III Industrial Park of Ninh Binh province since 2021, creating jobs for more than 12,800 workers. (Photo: VNA)

Vietnam seeks to position itself as leading destination for foreign investment

A significant shift in the recently issued Resolution 10 is the move from a strategy of attracting “more capital” towards attracting “higher-quality FDI”. The objective is no longer limited to investment volume but extends to absorbing advanced technologies, increasing domestic value creation, strengthening innovation capacity and accelerating modernisation in the economy.

Enterprises must disclose to investors the issuance plan, legal and investment risks and the rights and obligations of issuers and bondholders. (Photo: VNA)

Vietnam tightens rules on corporate bond issuance

Under Decree No 200/2026/ND-CP, enterprises issuing bonds will continue to operate under the principle of self-borrowing, self-repayment and self-responsibility, meaning issuers are fully accountable for the efficiency of capital use, debt repayment capacity and any disputes arising from bond issuance, use of funds, and payment of principal and interest.

A performance on The Huc bridge of the temple as part of a nighttime tourism programme to discover the Ngoc Son temple on Hoan Kiem Lake, downtown Hanoi. (Photo: VNA)

Hanoi adopts framework to boost night-time economy development

The resolution encourages a wide range of cultural, artistic and tourism activities, including performances, exhibitions, film screenings, presentations of traditional and intangible cultural heritage, and other programmes held in public spaces, pedestrian streets, heritage sites, theatres, cinemas and cultural venues.

A cargo port in Thiruvananthapuram city, India (Photo: ANI/VNA)

Ample room remains for Vietnam–India logistics cooperation

The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.

The meeting between Minister of Finance Ngo Van Tuan and Ambassador Julien Guerrier, head of the EU Delegation to Vietnam, on June 15. (Photo: thoibaotaichinhvietnam.vn)

Vietnam, EU enhance cooperation in green finance

Minister of Finance Ngo Van Tuan called on the EU to help facilitate Vietnamese firms' access to green finance, expand technical and financial assistance for green transition, and enhance cooperation in strategic technologies, innovation, digital finance and high-tech human resources development.

An overview of the working session between Deputy Finance Minister Tran Quoc Phuong and Kim Dongil, Director of ADB representing the Republic of Korea, Papua New Guinea, Sri Lanka, Taipei (China), Uzbekistan, Vanuatu and Vietnam. (Photo: Ministry of Finance)

Vietnam, ADB to advance strategic projects with strong economic impact

ADB has identified a pipeline of 27 projects for Vietnam through 2029, with total planned financing of approximately 4.6 billion USD. The projects focus on sectors that are among Vietnam’s priorities, including infrastructure, energy, urban development, agriculture and public sector management.

Illustrative photo (Photo: VNA)

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Participants in the conference (Photo: VNA)

Vietnam, Tunisia target coffee, olive oil as trade ties deepen

Though geographically distant, the two countries share strategic locations in their respective regions, skilled human resources, and a strong commitment to expanding international trade, which form the bedrock for a lasting and mutually beneficial partnership.

Da Nang People’s Committee Chairman Nguyen Manh Hung (second from left) presents investment policy approval decisions and investment registration certificates for three infrastructure projects in FTZ Zones 2, 3 and 4. (Photo: VNA)

Da Nang promotes investment links for pioneering Free Trade Zone

The conference also highlighted the role of digital technologies in building next-generation FTZs. Proposed solutions included the adoption of artificial intelligence (AI), the Internet of Things (IoT), big data, cloud computing and digital customs systems to improve operational efficiency, streamline logistics, accelerate customs procedures and enhance transparency for investors.