Cashless society one step away from being a reality in Vietnam
In long term, non-cash payment as one of the key payment methods in the economy would promote sustainable growth and ensure a transparent business environment.
In long term, non-cash payment as one of the key payment methods in the economy would promote sustainable growth and ensure a transparent business environment.
The Central bank has lowered its interest rate cap three times by a combined of 1.5-2 percentage points per annum, which is the largest cut in the region.
Locals could make a bet via a bank account, e-wallet or mobile phone bill.
Credit demand in Vietnam is expected to stay low in the foreseeable future as the Covid-19 pandemic continues to be complicated globally, said a central banker.
The regulation on mobile payment will not allow users to recharge from scratch cards but they must conduct deposits and withdrawals from the registered bank account.