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Tag: e-wallet

E-wallet market in Vietnam estimated to reach 50 million users by 2024
E-wallet market in Vietnam estimated to reach 50 million users by 2024

The modern e-wallet market in Vietnam is surging and is expected to reach 50 million active users by July 2024, experts said.

E-wallet market in Vietnam estimated to reach 50 million users by 2024

E-wallet market in Vietnam estimated to reach 50 million users by 2024

Cashless payments account for over 70% of retail transactions in 2021
Cashless payments account for over 70% of retail transactions in 2021

The COVID-19 pandemic, with its complicated developments, has given a boost to e-commerce, with non-cash payments accounting for 70% of total retail transactions in Vietnam last year.

Cashless payments account for over 70% of retail transactions in 2021

Cashless payments account for over 70% of retail transactions in 2021

Vietnam joins global peers in developing digital money
Vietnam joins global peers in developing digital money

Vietnam is playing catch-up in a global race to develop its own digital currency and experts believe this will not only help the country develop new technology but also present an opportunity for Vietnam to join the most technologically-advanced countries.

Vietnam joins global peers in developing digital money

Vietnam joins global peers in developing digital money

Online investment apps offering choice and clarity
Online investment apps offering choice and clarity

The stupendous surge of retail investors across the globe has prompted digitally-led investment applications and online platforms to develop, as they look to automatically optimise their passive indexed portfolios.

Online investment apps offering choice and clarity

Online investment apps offering choice and clarity

Demand for deposits soar as cashless payments become more popular
Demand for deposits soar as cashless payments become more popular

Demand for deposits by individuals have increased significantly in recent months as people tended to switch to cashless payment methods, especially in the context of the COVID-19 pandemic.

Demand for deposits soar as cashless payments become more popular

Demand for deposits soar as cashless payments become more popular

Private investments reach new peak
Private investments reach new peak

Private investments in Vietnam have reached a new peak in contrast to the trend towards decline around the world and in the ASEAN region due to the impact of COVID-19.

Private investments reach new peak

Private investments reach new peak

MoMo closes Series D financing round
MoMo closes Series D financing round

MoMo, Vietnam’s biggest e-wallet firm, has finished its Series D financing round from leading global investors, announced the firm in Hanoi on January 13.

MoMo closes Series D financing round

MoMo closes Series D financing round

VinShop breathes fresh air into traditional retail market
VinShop breathes fresh air into traditional retail market

As many as 40,000 mom-and-pop stores nationwide have been digitalised thanks to the VinShop mobile app developed by Vietnam’s biggest conglomerate Vingroup.

VinShop breathes fresh air into traditional retail market

VinShop breathes fresh air into traditional retail market

Vietnam to allow banks to use foreign e-wallets for int’l payments
Vietnam to allow banks to use foreign e-wallets for int’l payments

The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.

Vietnam to allow banks to use foreign e-wallets for int’l payments

Vietnam to allow banks to use foreign e-wallets for int’l payments

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Editor-in-chief: NGO THIEU PHONG
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Chung nhan Tin Nhiem Mang
Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016