As one of the fastest-growing economies in Southeast Asia and with considerable volumes of FDI, Vietnam is adopting modern technology to enhance digital payments nationwide, global digital payment provider Visa has reported.

The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit.

With a sharp drop in revenue from traditional telecommunications services, carriers are rapidly transforming their digital strategy.

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.

Deputy Prime Minister Truong Hoa Binh has assigned the State Bank of Vietnam (SBV) to devise measures to control illegal financial transactions and tax evasion via illicit international payment gateways.

The Commission for the Management of State Capital at Enterprises (CMSC) has completed the settlement of 233 out of 259 cases transferred from ministries, including 44 handled in 2020, heard a conference in Hanoi on January 11.

National digital transformation will not only be conducted at State and Government agencies but go far beyond, especially at enterprises, Deputy Minister of Planning and Investment Tran Quoc Phuong told a Government press conference on January 4.

VOV.VN - For many domestic firms, in addition to searching for markets and customers through traditional channels, e-commerce is being increasingly viewed as a support channel that helps them to gain more opportunities to reach out to new buyers and reduce costs in transactions.

The number of services provided via the National Public Service Portal has reached 2,700 after four new ones made debut on December 30, expected to help save VND8 trillion (US$346.9 million) each year.

With people afraid to visit public places like supermarkets because of COVID-19, e-commerce floors have become a convenient and safe shopping place for Tet items.