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Vietnam sees opportunities to diversify cross-border payment channels
Experts emphasised that the diversification of cross-border payment channels, especially blockchain and stablecoins, offers Vietnam an opportunity to improve transparency and efficiency.
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More than 86 million bank accounts to be terminated from September 1
The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.
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Shinhan Bank: Modified Terms & Conditions for consumer credit card and debit card
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) would like to express our sincere thanks for your having trusted and used our Card products during the last time.
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TCB, Mobifone and One Mount Group establish digital payment company
Mobifone, Techcombank and One Mount Group recently contributed capital to establish a digital payment company with a capital of 300 billion VND.
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Banks end magnetic cards, require biometrics for firms from July 1
From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
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VNBA and Visa hold quarterly meeting
On June 25, 2025, the Vietnam Banks Association (VNBA) held a regular meeting for the second quarter of 2025 with Visa International Card Organization. At the meeting, Visa updated new solutions being deployed in the global market, including strategic solutions in the Vietnamese market.
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VIB introduces PayFlex in first implementation of Visa VFC technology
Vietnam International Bank (VIB) is introducing VIB PayFlex, an innovative financial feature developed on the Visa Flexible Credential (VFC) technology, allowing VIB Visa cardholders to make flexible payments from two funding sources – credit and debit accounts – using a single credential, enabling smarter financial control and maximizing rewards.
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Shinhan Bank and Visa collaborate to promote payment solutions for SME
Shinhan Bank Vietnam Limited (“Shinhan Bank”) and Visa International (“Visa”) participate in the “Cashless Day 2025” program with the theme “Cashless payment promotes digital economy”.
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Vietnam enhances regulatory framework to promote cashless payments
Vietnam is enhancing its regulatory framework and policies to promote cashless payments as part of its strategy to develop a more digital economy.
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Visa Asia Pacific announces new era of AI-driven commerce
The future of commerce in Asia-Pacific was on display at the Visa Asia Pacific Media Showcase, where the company announced a suite of product innovations and strategic partnerships to enable a new era of commerce for the region.
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SHB presents payment solution at Banking Digital Transformation event
As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.
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Bilateral payment connection using QR code between Vietnam and China
Industrial and Commercial Bank of China (ICBC) acts as the Chinese focal payment bank in the Cross-Border QR Code Connection Project, coordinating with NAPAS and Vietcombank to deploy a modern digital payment infrastructure, aiming to integrate the payment ecosystems of the two countries.
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Shinhan Bank VietNam achieves the PCI-DSS certificate version 4.0.1
Shinhan Bank Vietnam Limited (“Shinhan Bank”) achieved the international Payment Card Industry Data Security Standard Certificate (“PCI-DSS”) with the highest level 4.0.1 assessed by Broadband Security (Korea).
