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Vietnamese travelers abroad still prefer cash: survey

Vietnamese travelers abroad still prefer cash: survey

Vietnam’s outbound tourists, who still prefer paying in cash, could surpass the number of Thailand's in the next decade, according to a report from the tourism consulting firm Outbox Consulting.

Banks battle Tet ATM overload

Banks battle Tet ATM overload

As demand for cash withdrawals at ATMs doubles or triples around the Lunar New Year (Tet) holiday, banks are recommending customers use electronic payment or scan their cards at POS machines or use quick response (QR) codes instead of withdrawing cash at ATMs.

SME support won’t be in cash

SME support won’t be in cash

Support provided to small and medium-sized enterprises (SMEs) will not be in cash, but rather take the form of favourable conditions in order for SMEs to grow, Deputy Minister of Planning and Investment Dang Huy Dong has said.

Deputy PM encourages digital payments in lieu of cash

Deputy PM encourages digital payments in lieu of cash

(VOV) - Deputy Prime Minister Vu Duc Dam on December 16 encouraged the use of consumers paying for goods and services electronically as a substitute for using cash in a speech at an e-payment forum held in Hanoi.

Foreigners can't buy, sell houses with cash

Foreigners can't buy, sell houses with cash

Foreigners buying or selling houses in Vietnam are required to carry out transactions through banks in the country and not in cash, the central bank has decreed.

Vietnam lacks cash for satellite hospitals

A Ministry of Health plan to build additional satellite hospitals across the nation and upgrade existing ones lacks money and qualified personnel, the Minister of Health, Nguyen Thi Kim Tien, has said.

Online trading grows in Vietnam

Online shopping grew 10 percentage points last year, but most Vietnamese still prefer to pay cash, a new survey has found.

Nearly 300 runners to join national marathon

Nearly 300 runners to join national marathon

Nearly 300 athletes from 34 sporting delegations from across the country have registered for the 2012 National Marathon Championship, due to take place in the former imperial city of Hue on March 25.