Vietnam begins to adopt chip bank cards
16:00 | 07/06/2019 Finance - Banking
Since the start of the year, the Vietnamese government has underlined the role of cashless payment, which recently received a boost when the State Bank of Vietnam (SBV) has also asked card issuers to switch at least 30% of their cards from magnetic stripe to chip cards, especially contactless cards.
Financial market fosters economic growth
10:47 | 31/05/2019 Finance - Banking
(VEN) - The Vietnamese economy has grown at a stable rate for many years, while macroeconomic stability has been ensured and inflation effectively controlled. Vietnam has proven its advantages in attracting foreign investment and grasped opportunities presented by international integration. Economists believe that apart from these factors, a healthy and growing financial and monetary market is also an important driving force of economic growth.