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Gov’t policy must spur e-payment: MoIT

Gov’t policy must spur e-payment: MoIT

Vietnam should develop breakthrough policies to create momentum for the further development of electronic payments to meet the growth of e-commerce, said Pham Nguyen Minh, Director of the Institute for Trade Research and Development under the Ministry of Industry and Trade.

Indian banks get US$44 billion of old-currency notes in four days

Indian banks get US$44 billion of old-currency notes in four days

Indian banks received 3 trillion rupees (US$44.4 billion) of 500- and 1,000-rupee notes over the last four days, the Finance Ministry said on November 13, after the government announced it would withdraw such bills to crack down on corruption.

Improve access to banking services, SBV urges

Improve access to banking services, SBV urges

Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh has asked the banking sector to enhance efforts to improve access to banking services for the economy.

Europeans charged with bank card fraud in Vietnam

Europeans charged with bank card fraud in Vietnam

Prosecutors in the central province of Khanh Hoa have charged two men from the Netherlands and the UK for using credit cards with stolen account details to withdraw cash in the resort beach town of Nha Trang.

Vietnam jails 3 Russian men for ATM theft

Vietnam jails 3 Russian men for ATM theft

A court in the central province of Khanh Hoa on August 31 handed down jail sentences against three Russian men for using fake bank cards to steal US$13,180 worth of cash from local ATMs last year.

Maritime Bank signs credit card deal with Lotte Mart

Maritime Bank signs credit card deal with Lotte Mart

VOV.VN - As the economy gains steam, banks are growing more aggressive in marketing credit and debit cards to increasingly wealthy consumers, targeting 25% increases on the year in the number of credit card users.

Non-cash payment method gets popular

Non-cash payment method gets popular

Non-cash payment has gradually become a trend in Vietnam as cash-used expense saw a remarkable reduction, according to the State Bank of Vietnam’s Payment Department.

A ‘Happy International Women’s Day’ wish from Vietnam

A ‘Happy International Women’s Day’ wish from Vietnam

What would we do without women? Yeah, yeah – I can hear those masculine derisive howls of laughter a mile away. I mean it’s great not to have a woman around all the time – eat unhealthy meals anytime, play golf whenever you want or stay in the pub until closing time, right?

Three foreigners arrested over credit card fraud

Three foreigners arrested over credit card fraud

(VOV) - Spanish police have recently arrested three Bulgarian nationals for forging credit cards to withdraw approximately 40,000 Euros from ATMs in Vietnam and hacking data from 300 credit cards at ATMs in Pamplona.

US firm announces alliance with local Smartlink network

US firm announces alliance with local Smartlink network

(VOV) -Discover Financial Services (DFS) of the US and Smartlink Card., JSC, a leading domestic payments network in Vietnam, has announced a strategic alliance to expand the card payment network in the country.