vietnam

Samsung Production Backlogged In Vietnam Due To Coronavirus

Samsung Production Backlogged In Vietnam Due To Coronavirus
Samsung Production Backlogged In Vietnam Due To Coronavirus
February 21, 2020  |  Cross-border Payments

Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry...

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Vietnam Looks To Drop Foreign Ownership Cap For Payment Cos
Vietnam Looks To Drop Foreign Ownership Cap For Payment Cos
February 12, 2020  |  Investments

The State Bank of Vietnam (SBV) has proposed the removal of the 49 percent foreign ownership limit on payment intermediary businesses, according to reports this...

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Viettel Will Debut Commercial 5G Services
Viettel Will Debut Commercial 5G Services
January 20, 2020  |  Retail

Viettel, the largest telecom company in Vietnam, will roll out commercial 5G services this year with technology it created itself that bypasses China’s Huawei, The...

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Lotte eComm Marketplace To Call It Quits In Vietnam
Lotte eComm Marketplace To Call It Quits In Vietnam
December 26, 2019  |  eCommerce

Lotte, a South Korean conglomerate, is shutting down its Vietnamese online marketplace, lotte.vn, which allows merchants to connect with buyers, according to Deal Street Asia....

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Ant Financial Buys Stake In Vietnamese eWallet eMonkey
Ant Financial Buys Stake In Vietnamese eWallet eMonkey
December 20, 2019  |  Mobile Payments

China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Get the Full...

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Ant Financial Invests In Vietnam’s eMonkey
Ant Financial Invests In Vietnam’s eMonkey
December 19, 2019  |  Retail

In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly...

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Vietnam’s Vingroup To Exit Retail For Industrial, Tech Focus
Vietnam’s Vingroup To Exit Retail For Industrial, Tech Focus
December 19, 2019  |  Cross-border Payments

Vietnamese conglomerate Vingroup announced on Wednesday (Dec. 18) it will be exiting from its retail business to focus on becoming a technology and industrial company....

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Bitcoin Daily: Shanghai Gov’t Ordered To Launch Crypto Investigation; RippleNet Enables Vietnam-Japan Money Transfers
Bitcoin Daily: Shanghai Gov’t Ordered To Launch Crypto Investigation; RippleNet Enables Vietnam-Japan Money Transfers
November 18, 2019  |  Bitcoin

The People’s Bank of China (PBOC) and the Shanghai Municipal Financial Regulatory Bureau have announced that they will be inspecting companies that conduct cryptocurrency trading,...

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