VOV.VN - India, a South Asian nation with a population of more than 1.36 billion, is offering Vietnam a great chance to export its dragon fruit to this market as the fruit is the favourite with Indians, according to experts.

The State Bank of Vietnam (SBV) has directed credit institutions to reduce some transaction fees from August 1 this year to support customers amid the outbreak of the latest COVID-19 pandemic.

The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director Bui Van Son has said.

Three mobile network operators - Viettel, VNPT and MobiFone - have applied for the implementation of their own Mobile Money pilot projects.

Visa financial services corporation announced that it has joined hands with Moca e-wallet on the Grab application.

A host of events and activities will be held virtually on Cashless Day 2021 (June 16) to raise public awareness of non-cash payment and contribute to achieving goals set by the national financial inclusion strategy by 2025, with a vision towards 2030.

Vietnam is marching towards becoming a cashless society with new methods of electronic payments being deployed widely, but security risks come hand in hand with new technologies and applications.

VOV.VN - Though Euromonitor International estimates that although e-commerce made up just 3% of the Vietnamese retail market last year, the smallest figure among the major economies of Southeast Asia, the potential for growth remains alluring.

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.

BC Card, a Republic of Korea-based credit card issuer, has acquired 100% stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand its foothold in Southeast Asia.