Wednesday, 13/08/2025
   

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.
digital payment

MobiFone Digital Payment Joint Stock Company was newly established on June 27, 2025; headquartered at C5 D'Capital building, 119 Tran Duy Hung, Trung Hoa ward, Cau Giay district, Hanoi city.

Main business lines include payment intermediary services such as financial switching services; international financial switching; electronic clearing; electronic payment gateway; collection and payment support (operating under the license of the State Bank).

Charter capital of VND 300 billion; founding shareholders include Mobifone Telecommunications Corporation holding 51%, One Mount Group Joint Stock Company (OneMount) holding 38%, Vietnam Technological and Commercial Joint Stock Bank (Techcombank, HOSE: TCB) holding 11%. The enterprise is headed by Mr. Phan Thanh Son as General Director and legal representative.

Of which, One Mount Group has a charter capital of nearly 6,875 billion VND, Ms. Nguyen Thi Thanh Thuy (wife of Mr. Ho Hung Anh - Chairman of TCB) is the Chairwoman of the Board of Directors and legal representative. Techcombank has a charter capital of more than 70.6 trillion VND, asset size of more than 989.2 trillion VND. Meanwhile, Mobifone currently has a charter capital of 15 trillion VND, Mr. To Manh Cuong is the General Director and legal representative.

VNBA News

  • Banks accelerate lending as real estate, stock markets attract capital

    Banks accelerate lending as real estate, stock markets attract capital

    The banking system's credit growth reached about 10 per cent after seven months, significantly higher than the 6 per cent recorded in the same period in 2024, according to the State Bank of Vietnam (SBV).

  • Promoting factoring services in Vietnam

    Promoting factoring services in Vietnam

    On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.

  • Shinhan Bank Vietnam accompanies households in business transformation

    Shinhan Bank Vietnam accompanies households in business transformation

    Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) successfully organized the event “Shinhan Bank Vietnam – Supporting Business Households”, in response to Resolution 68-NQ/TW and Resolution 198/2025/QH15 on the strategy for private economic development, as well as to accompany business households in implementing Decree 70/2025/ND-CP through comprehensive financial solutions. The event took place at the Bank’s Head Office, attracting over 150 business households from Ho Chi Minh City.

  • Standard Chartered fuels Việt Nam’s net-zero path

    Standard Chartered fuels Việt Nam’s net-zero path

    Standard Chartered, a major international bank with a strong presence in Việt Nam, is helping bridge the financing and advisory gap for this transition.

  • SBV issues Circular on microfinance institutions' operational network

    SBV issues Circular on microfinance institutions' operational network

    HANOI – July [Day], 2025 – The Governor of the State Bank of Vietnam (SBV) signed and issued Circular No. 19/2025/TT-NHNN on July 31, 2025. This circular regulates the operational network of microfinance institutions.

  • Banks focus on increasing charter capital in second half of year

    Banks focus on increasing charter capital in second half of year

    To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.

  • FinDev Canada, SMBC and JICA  pledge $215 million to HDBank

    FinDev Canada, SMBC and JICA pledge $215 million to HDBank

    Canada's bilateral Development Finance Institution, FinDev Canada, Sumitomo Mitsui Banking Corporation (SMBC), and the Japan International Cooperation Agency (JICA) on August 2 announced the signing of a $215 million syndicated loan facility for HDBank.

  • SBV pushes rate cuts to support economic growth

    SBV pushes rate cuts to support economic growth

    At a conference held on August 4, 2025 in Hà Nội, SBV Deputy Governor Phạm Thanh Hà said that stabilising deposit rates and reducing lending rates are key tools to promote economic recovery and maintain macroeconomic stability.

  • Stabilize deposit interest rates, reduce lending interest rates

    Stabilize deposit interest rates, reduce lending interest rates

    On August 4, 2025, the State Bank of Vietnam (SBV) issued Official Dispatch No. 6784/NHNN-CSTT directing and guiding the banking system to resolutely and effectively implement solutions to stabilize deposit interest rates and reduce lending interest rates to promote economic growth in 2025 under the direction of the Government and Prime Minister.

  • Circular 14: Stricter rules favour stability, restrict cash payouts

    Circular 14: Stricter rules favour stability, restrict cash payouts

    The policy, effective from 15 September this year, prioritises capital consolidation over shareholder payouts and signals a shift from broad-based encouragement to more selective oversight.

Calculate deposit interest
VNĐ
%/year
month
Calculate deposit interest

Loan calculation
VNĐ
%/year
month
Loan calculation