Five commercial banks have been selected to pilot a 24/7 e-tax payment scheme from November this year.
Experts voiced real concern over safety and legal status of e-money since Bitcoin, a form of cryptography-based e-money, is believed to potentially cause risks for users due to its highly volatile value.
Bangkok has been named the world's best-value long-haul city break in 2017, according to a survey conducted by Post Office Travel Money, which has compiled data on which cities are the most affordable for British travelers.
The High-Level People’s Court in Hanoi on August 17 began to hear the appeals of four defendants in a major corruption case at the Vinashin Ocean Shipping Company Ltd (Vinashinlines).
Many Vietnamese undergraduates who are short on money have resorted to regularly donating their platelets for a few extra pennies to put them through college.
Wealthy Vietnamese are rushing to buy properties overseas for many purposes – for eventual settlement, overseas study and investment.
VOV.VN - A charity music performance was held on July 22nd in Moscow to raise funds for the Children’s Heart Foundation (CHF).
The money market has been seeing unexpected happenings in the last two weeks. Until two weeks ago, the liquidity of the banking system had been in a state of tension because lending was higher than mobilized capital.
The international standard anti-money laundering (AML) system was officially put into use in the Orient Joint Stock Commercial Bank (OCB) on May 25.
Practical Money Skills, a financial literacy programme for students, is back for its sixth instalment, and is this year asking students to submit photographs that depict their daily struggles in managing their money.
VOV.VN - A benefit concert on April 22 will raise money for the Huong Duong Orphan and Disable Patronage Centre in the province of Binh Duong located just north of Ho Chi Minh City in southern Vietnam.
VOV.VN - Thai Siam Cement Group (SCG) has become a big investor in Vietnam’s oil refinery after acquiring 25% equity stake in Long Son Petrochemicals Company from Qatar Petroleum.
VOV.VN - The People’s Court of Ho Chi Minh City has sentenced 38-year-old Singapore resident Wong Boon Leong to 14 months and 24 days in prison for acting as the ringleader of an illegal online betting ring.
As Vietnam becomes more integrated into the world economy, banks looking to improve competitiveness and governance, especially in risk management, should apply Basel II standards.
Money laundering mostly goes unpunished in Vietnam because cash is the main form of payment and relevant legislation is murky.
The Ministry of Industry and Trade has submitted to the Government a draft decree declaring a State trade monopoly in 16 goods and services.
VOV.VN - F&N Dairy Investments has registered to purchase 21.77 million shares of Vinamilk in February after acquiring more than 16.5 million shares before the Lunar New Year Festival.
People are investing their money in five main channels of stocks, gold, foreign currencies, property assets and savings but which of these offered the highest returns in 2016?
Giving money on the occasion of New Year, with desires that better things will happen in future, has become an indispensable custom of the Vietnamese during the Lunar New Year (Tet) festival.
Traditionally the most festive and awaited holiday season in Vietnam, Tet, or Lunar New Year, is also a time when many customs encompassing the shared values of its people are practiced, including ‘li xi,’ or the giving of lucky money.