EzyRemit Worldwide, one of the leading fintech companies in Australia, and Sacombank-SBR of Vietnam discussed expanding cooperation and enhancing international money transfer and payment services between Vietnam and Australia, thereby providing more values for customers in both countries.
A growing number of financial companies of the Republic of Korea (RoK) are showing signs of extended profit in Vietnam after years of a downturn brought on by the COVID-19 pandemic, market watchers have said, elaborating that they include Woori Bank, Hanwha Life and Lotte Card.
The Interoperable QR Code for retail payment linkage between Vietnam and Thailand was launched on March 26, signifying the successful implementation of the cooperation in the area of financial innovation between the State Bank of Vietnam (SBV) and the Bank of Thailand (BOT) which began in 2019.
Investment in Singapore’s financial technology companies in the first half of 2019 has quadrupled from a year ago to 453 million USD, according to a recent report of consulting company Accenture.
A daily trading limit for individual e-wallets would be set at 20 million VND (860 USD) and 100 million VND per month, according to a draft circular from the State Bank of Vietnam (SBV) recently made public for comment.
Ten start-ups of Vietnam and the Republic of Korea (RoK) introduced their high-tech solutions to domestic and foreign investors at the Global Demo Day held by the Vietnam Silicon Valley Accelerator (VSVA) and the K-ICT Born2Global Centre in Hanoi on March 22.
HDBank has signed up MoneyGram, a global provider of money transfer and payment services, to provide its customers with quick and easy international money transfer services.
Electronic wallet (e-wallet) services are becoming more popular in Vietnam, with a number of new e-wallet services officially licensed in the last year and a half.