Police in Thanh Hoa arrested three Chinese nationals on June 20 for allegedly stealing cash.

 Cards are slowly but surely making a dent in the preference for cash in Vietnam.

VietNamNet Bridge - Many Vietnamese enterprises now have large amounts of cash and have deposited them in banks to make profits.

 A locker-cleaning session at an Indian school has uncovered a stash of gold bars and stacks of cash, it's reported.

VietNamNet Bridge – Electronic payments for online transactions remained modest compared with cash-on-delivery payments, according to a recent report of the Ministry of Industry and Trade on e-commerce in Viet Nam.

 VietNamNet Bridge – While the rest of the world predominantly spends plastic money, Vietnamese still prefer cash. To buy valuable things, they have to pay with many bags of banknotes.

 VietNamNet Bridge – A significant amount of capital was injected into the stock market last week as investor confidence improved, boosting liquidity on both the bourses to a record high.

 VietNamNet Bridge – Foreign investors turned to sell off shares after a period of being net buyers, although a draft decision has opened opportunities for them to increase ownership in Vietnamese companies.

Casual workers miss out on social insurance; Vietnam earns VND53.5 trillion from tourism services in Q1; Drought pushes up coffee prices; Economic difficulties take their toll on large-caps

The State Bank of Vietnam does not have the right to force people to make payment in check and eliminate the payment in cash. This would violate the constitution, experts say.

VietNamNet Bridge – The tentative suggestion on requiring via-bank payment for the transactions of valuable products, to many people, is just “trifle,” and raises no worry to them, because they believe they can play tricks to dodge the laws.

Commercial banks keep offering high interest rates to attract more deposits from the public. The business circle affirms it is thirsty for capital, while workers complain about modest Tet bonuses. Where has the cash gone, then?

VietNamNet Bridge - If it is adopted, the draft decree on cash payments will force people to pay through the bank if they want to buy real estate, stocks or cars, motorcycles...

Directors have been worried to death because their businesses have cleaned out, while they need to spend more at the end of the year.