Vietnam hooks up to Asean payment connectivity

Vietnam hooks up to Asean payment connectivity

The State Bank of Vietnam (SBV) on Friday joined the Regional Payment Connectivity (RPC) initiative, which seeks to strengthen collaboration on the development of faster, cheaper, more transparent, and more inclusive cross-border payments in Southeast Asia and beyond.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Six lenders join Apple Pay launch in Vietnam

Six lenders join Apple Pay launch in Vietnam

Six Vietnamese banks have joined the Vietnam list of lenders supporting Apple Pay of Apple as the American tech giant launched the payment service in the country on Tuesday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Issues foreign investors should know when leasing industrial land in Vietnam

Issues foreign investors should know when leasing industrial land in Vietnam

PwC partners Richard Irwin and Phan Thuy Duong look at some of the common issues which foreign investors should be aware of when leasing land in an industrial zone in Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hung Thinh Land secures extended bond payment terms

Hung Thinh Land secures extended bond payment terms

Real estate developer Hung Thinh Land, which is facing cash flow challenges, has reached deals with its bondholders to extend payment terms, following the government’s Decree 08 which allows bond issuers to do so.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vinacafe Bien Hoa CEO received monthly salary of $75,900

Vinacafe Bien Hoa CEO received monthly salary of $75,900

Le Huu Thang, former general director of Vinacafe Bien Hoa JSC, Vietnam's leading instant coffee company, received up to VND1.8 billion ($75,900) in monthly payment on average in the first half of 2022.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cash withdrawals on national payment network halved to 6.56% in 2022

Cash withdrawals on national payment network halved to 6.56% in 2022

Cash withdrawal transactions on the system of the National Payment Corporation of Vietnam (NAPAS) halved from 12% in 2021 to 6.56% in 2022, said CEO Nguyen Quang Minh.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan modern grocery stores account for 50% of Vietnam network: chairman

Masan modern grocery stores account for 50% of Vietnam network: chairman

Masan Group, one of Vietnam’s leading multi-sector corporations, plans to open 80-120 Win stores in the last months of the year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Corporate issuers have pledged they would pay bondholders their due when their bonds mature, Finance Minister Ho Duc Phoc said Monday.

Top News - Mon, Dec 22, 2021 | 11:30 am GMT+7