VietNamNet Bridge - No bank cards or wallets are necessary. Just  tap the ring integrated with NFC (Near Field Communication) chip at a POS (point of sale), and a payment transaction will be implemented. 

 VietNamNet Bridge – Viet Nam is continuing efforts to reform its banking system and invite foreign banks to join the domestic market via increased bank ownership. 

 VietNamNet Bridge – Cash deposits and withdrawals at credit institutions will be charged a fee if the central bank's new draft rule on cash transactions gets approved.

VietNamNet Bridge – Despite a ban by the State Bank, sellers are still charging customers a surcharge of 2 percent on goods purchased with credit cards.

 VietNamNet Bridge – Issuing co-branded cards proves to be a new way for commercial banks to follow in the context of the credit card market in Vietnam getting saturated.

 VietNamNet Bridge – In an effort to issue more credit cards, commercial banks loosened their requirements on card holders. And now they suffer from the easy requirements.

VietNamNet Bridge – Pham Chi Mai, 26, has been struggling to pay off her credit cards after an impromptu spending spree three years ago. The money she has borrowed has now reached nearly VND100mil - rather a lot of credit for someone her age

 Global financial groups battled Monday to control the lucrative future of "mobile money", which will enable people to use a smartphone to go shopping instead of cash and credit cards.