VOV.VN - Mastercard has identified Vietnam as one of Southeast Asia’s fastest-growing tourism markets and is seeking to collaborate with the country’s tourism industry to attract more visitors and increase spending.

Mastercard presented an overview of Vietnam’s remarkable transition toward digital payments, while highlighting a series of innovative initiatives that promote more modern, safe, and seamless cashless spending behaviours at the recent '“Cashless Day 2025' conference.

VOV.VN - Asia dominates this summer’s list of emerging travel hotspots, with Vietnam’s Nha Trang ranking 11th, according to a recent report by the Mastercard Economics Institute.

The global trend of utilising co-branded credit cards is opening doors for Vietnamese businesses to enter the global market, meeting the rising expectations of consumers, experts said.

VOV.VN - More than 100 chefs and bartenders across the country will gather at Vietnam Restaurant and Bar Week 2023 scheduled to run from May 20 to June 4 in Hanoi, Ho Chi Minh City, and Da Nang.

The Vietnam Banks Association (VNBA) has urged international card organisations Visa and Mastercard to reduce several types of fees on Vietnamese banks as the fourth wave of COVID-19 pandemic in Vietnam has seriously affected the lives and production of people and businesses.

Vietnam, however, remained the third highest ranking among low-middle income countries in the index, staying behind the Philippines [16th] and Indonesia [17th].

The National Payment Corporation of Vietnam (Napas) last week said it will work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit.

Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.

The Vietnam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.