Bank customers warned of message scams

The Ministry of Public Security has issued a warning over a new type of scam where apparent official bank messages are sent to customers to appropriate money.

Bank customers warned of message scams

Bank customers have been warned of a new type of scam involving official-looking messages

Unlike the use of unregistered SIM cards, the scammers have sent messages to customers under the names of bank brands, also known as SMS Brand Name.

Through various sources, the scammers learn customers’ personal information and send them fake messages which include links to fraudulent bank websites.

The messages say that the mobile phone accounts will be invalid if users do not update their details online or say that points can be exchanged for gifts. The messages link to websites where customers can sign up for the gifts.

The websites include official-looking logos and designs. After clicking the links, customers are required to fill their name, password and OTP code.

After the account is logged in, the scammers use customers’ information to transfer money, top up credit cards, register for online loans and appropriate huge sums of money.

The scam has been recently reported in many localities.

The ministry said the new tricks are very sophisticated and customers struggle to tell the difference between fake and authentic websites.

According to the public security ministry, the scams are extremely dangerous as the scammers might represent State agencies to send fake news to users.

 

The ministry has warned customers to carefully check message content before responding to messages or signing up for offers.

Official websites of organisations and businesses have a symbol of a key next to ‘https’ in their URLs, the ministry said.

Bank customers are advised to call customer service hotlines or ask for advice from experienced people when receiving suspect messages.

They should also report fake messages to banks and authorities for further investigation.

Customers should regularly change passwords of their online banking accounts and take measures to protect their information.

The public security ministry has asked authorities to take measures to crack down on the scam./.VNA

Ministry of Public Security warns of Facebook scams

Ministry of Public Security warns of Facebook scams

The Ministry of Public Security has issued a warning over scams on Facebook.

Competition authority warns of online loan scams

Competition authority warns of online loan scams

The Ministry of Industry and Trade’s Vietnam Competition Authority (VCA) has warned local consumers to be cautious about taking out online loans amid rampant scams.  

 
 

Other News

.
Vietnam’s digital economy to hit 52 billion USD by 2025
Vietnam’s digital economy to hit 52 billion USD by 2025
BUSINESSicon  02/05/2021 

Vietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company.

Multiple financial risks still challenge Vietnam
Multiple financial risks still challenge Vietnam
BUSINESSicon  02/05/2021 

Global financial markets have been negatively hit and significantly shaken by the ongoing unpredictable, relentless and complicated developments under the Covid-19 pandemic, leading to continued global financial instability.

Local steelmakers red hot on investment
Local steelmakers red hot on investment
BUSINESSicon  02/05/2021 

Over recent months, the steel market has retained positive momentum after its recovery in mid-2020, helping many steel producers record a strong performance in the first quarter of 2021.

Index results spark reforms in Vietnamese metropolises
Index results spark reforms in Vietnamese metropolises
BUSINESSicon  01/05/2021 

Despite strong efforts, major cities like Hanoi and Ho Chi Minh City are still lagging behind in the 2020 Provincial Competitiveness Index, triggering concerns over the efficacy of their reforms.

VIETNAM BUSINESS NEWS APRIL 30
VIETNAM BUSINESS NEWS APRIL 30
BUSINESSicon  30/04/2021 

Central province debuts first Ngoc Linh ginseng plant

Association calls for national gold exchange
Association calls for national gold exchange
BUSINESSicon  30/04/2021 

The Vietnam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange in Hanoi or Ho Chi Minh City.

Restaurant chains fall into crisis amid pandemic
Restaurant chains fall into crisis amid pandemic
FEATUREicon  30/04/2021 

The Tokyo Deli Restaurant on Nguy Nhu Kon Tum Street in Hanoi closed its doors two months ago for the Tet holiday, but it has now decided to never open again. The long Covid-19 pandemic has hit many restaurants hard.

Amid 'land fever', Can Gio district prohibits civil servants from working as land brokers
Amid 'land fever', Can Gio district prohibits civil servants from working as land brokers
FEATUREicon  30/04/2021 

Land prices in the HCM City suburban district of Can Gio have been soaring following the news that Can Gio will become an inner city district, or a city in the future. The local authorities have prohibited civil servants from acting as land brokers.

Vietnam’s potential to drive agri-food recovery ranks second highest in the region
Vietnam’s potential to drive agri-food recovery ranks second highest in the region
BUSINESSicon  01/05/2021 

As a key pillar of the national economy, Vietnam’s agri-food sector remained resilient during the COVID-19 pandemic and has great potential to drive economic recovery, ranking second in the region.

Multinational supply chain evades small industry
Multinational supply chain evades small industry
BUSINESSicon  29/04/2021 

Foreign investments in Vietnam have the ability to change the economics of many of the country’s support industries, who are continually struggling to be part of the larger supply network.

Four-month FDI totals $12.25 billion
Four-month FDI totals $12.25 billion
BUSINESSicon  29/04/2021 

In the first four months to April 20, foreign investors pumped 12.25 billion USD in Vietnam, equal to 99.3 percent of the amount recorded in the same period last year.

Untapped potential in branded luxury living
Untapped potential in branded luxury living
BUSINESSicon  01/05/2021 

The recent assessment of ranking Vietnam as one of the 10 fastest-growing markets for branded residences worldwide poses questions for the infant market’s actual capacity.

Hanoi developments induce delay fluster
Hanoi developments induce delay fluster
BUSINESSicon  30/04/2021 

Tens of millions of dollars poured into infrastructure together with new planning projects have added vibrancy to Hanoi’s real estate market, 

Construction firms face bankruptcy as steel prices soar
Construction firms face bankruptcy as steel prices soar
BUSINESSicon  29/04/2021 

Local construction firms face the risk of bankruptcy as the price of steel has soared 40 percent recently.

Vietnam looks to promote issuance of Gov’t bonds on int’l market
Vietnam looks to promote issuance of Gov’t bonds on int’l market
BUSINESSicon  29/04/2021 

Experts and economists have proposed to expand the issuance of Government bonds to the international market, 

Billionaire Pham Nhat Vuong builds 'entertainment city', considers billion-dollar deal in the US
Billionaire Pham Nhat Vuong builds 'entertainment city', considers billion-dollar deal in the US
BUSINESSicon  29/04/2021 

Billionaire Pham Nhat Vuong's company has recorded impressive business results despite the Covid-19 pandemic. 

Flower and ornamental plant production on the rise
Flower and ornamental plant production on the rise
BUSINESSicon  28/04/2021 

Flower and ornamental plant production has dramatically developed in recent years, bringing high economic value.

Contract enforcement, bankruptcy filings stall because of lack of regulations
Contract enforcement, bankruptcy filings stall because of lack of regulations
FEATUREicon  29/04/2021 

Vietnam’s judicial agencies seemingly cannot catch up with business environment reform. Two judicial indicators – contract enforcement and business bankruptcy – have not seen considerable improvement.

ST25 is a generic rice variety, not a brand: NOIP
ST25 is a generic rice variety, not a brand: NOIP
FEATUREicon  28/04/2021 

The National Office of Intellectual Property (NOIP) says the ST25 rice variety has been granted a Protective Certificate No 21.VN.2020 under Decision No 45/QD-TT-VPBH dated March 6, 2020 by the director of the Department of Crop Production.

49% of Vietnamese delete shopping apps on mobile devices
49% of Vietnamese delete shopping apps on mobile devices
BUSINESSicon  28/04/2021 

The increase in app deletions shows that Vietnamese e-commerce platforms need to improve the quality of services in order to retain customers.

 
 
 
Leave your comment on an article

OR QUICK LOGIN