Samsung, Shinhan Bank jointly bring wallet solution closer to Vietnamese
Samsung Vina Electronics signed a memorandum of understanding (MoU) with Shinhan Bank Vietnam to establish a strategic relationship between Samsung Wallet and financial products from Shinhan Bank on June 14.
HCM City (VNS/VNA) - Samsung Vina Electronics signed amemorandum of understanding (MoU) with Shinhan Bank Vietnam to establisha strategic relationship between Samsung Wallet and financial productsfrom Shinhan Bank on June 14.
Sharing the same vision of creating a seamless and secure digitalpayment ecosystem, the partnership will serve as a foundation to accelerate aconvenient and comfortable lifestyle for both Galaxy users and Shinhancustomers within the scenario of mobile payment making its way to allactivities and entertainment of Vietnamese customers.
"In the context of the market's digital transformation, I am confidentthat the collaboration between Shinhan Bank and Samsung will leverage bothcompanies' strengths to create an integrated digital payment platform moresuitable and comprehensive for Vietnamese consumers," said Lee ChungLyong, president of Samsung Vina.
The partnership will enable Galaxy users to seamlessly connect their ShinhanBank cards to Samsung Wallet, empowering them to make fast and secure paymentsusing their smartphones. With Samsung's cutting-edge management and securityplatforms, this collaboration will offer a convenient, confident, and reassuredfeeling to customers as they get used to using mobile payment fordaily activities.
Galaxy smartphone users will benefit from Samsung's wide ecosystem when specialoffers from Shinhan Bank for Korean companies' products and services in ViệtNam are integrated and managed directly in the Samsung Wallet digital wallet.Users can thoroughly enjoy life with top services thanks to Knox Guard's mobilepayment method with the finest security quality.
"We firmly believe that our collaboration with Samsung Wallet will beinstrumental in accelerating Vietnam’s digital transformation process throughsecure mobile payment. By combining Shinhan Bank’s financial expertise withSamsung's security performance, we are confident that we can make mobilepayment the preferred mode of payment for every Vietnamese citizen,” said KangGewWon, CEO and general director of Shinhan Bank.
To celebrate their partnership, Samsung and Shinhan Bank together will offer specialpromotions for customers making payments with Shinhan cards through Samsung Walletfrom June 15 to July 15./.
Ambassador of the Republic of Korea to Vietnam Park Noh Wan and the country’s Shinhan Bank on March 31 presented 5 billion VND (213,000 USD) to Vietnam’s fight against the COVID-19 pandemic.
The Republic of Korea’s digital transformation policy and implications for Vietnam, Vietnam’s digital banking transformation policy, the importance of credit information system in digital transformation, the leap towards digitisation and the recent trend of digital banking and payments in Asia were discussed at a recent symposium in Hanoi.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
At the signing ceremony (Photo: VNA) 
