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payment

Banks launch cross-border QR payments to tap growing digital economy

Banks launch cross-border QR payments to tap growing digital economy

Recently, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has partnered with Alipay+ to introduce cross-border QR payments which allows customers to use its VCB Digibank app abroad.
Finance ministry eyes flexible tax thresholds

Finance ministry eyes flexible tax thresholds

The Ministry of Finance has proposed new regulations on taxable revenue thresholds for household businesses after just four months the new policy took effect.
Visa links with MDP to strengthen digital payment

Visa links with MDP to strengthen digital payment

Digital payments provider Visa has recently announced it will partner with MobiFone Digital Payment Joint Stock Company (MDP) to collaborate on advancing Việt Nam’s digital payments ecosystem. 
End-of-day invoicing proposed for transactions below VNĐ50,000

End-of-day invoicing proposed for transactions below VNĐ50,000

Household and individual businesses with annual revenue of VNĐ3 billion (US$114,000) or less could issue a single consolidated electronic invoice for daily transactions of below VNĐ50,000 each if buyers do not request invoices.
Tax authorities warn cash-only payments may signal tax evasion

Tax authorities warn cash-only payments may signal tax evasion

Tax authorities have warned that some businesses asking customers to pay only in cash may be attempting to conceal revenue and evade taxes.
Visa highlights Vietnamese payment trends for 2026

Visa highlights Vietnamese payment trends for 2026

As more young professionals and families explore new destinations and digital lifestyles, expectations for seamless, secure payments continue to rise.
SACOMBANK, VNPAY launch digital payment, tax-filing solutions for businesses

SACOMBANK, VNPAY launch digital payment, tax-filing solutions for businesses

Designed to be simple and user-friendly, they help optimise payments, sales management, electronic invoicing, and banking connectivity, facilitating the digitalisation of business activities.
Global trade payment platform launched

Global trade payment platform launched

Payment method provider Visa has announced a partnership with Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Shinhan Bank Vietnam and Military Commercial Joint Stock Bank (MB) to launch a global trade payment platform.
Ministry proposes full bank account reporting by household businesses

Ministry proposes full bank account reporting by household businesses

The aim of the proposal is to strengthen tax administration and improve cash flow transparency.
VIB wins nine Mastercard awards, strengthening its leadership in Việt Nams card market

VIB wins nine Mastercard awards, strengthening its leadership in Việt Nam's card market

The recognitions pave the way for deeper strategic collaboration between VIB and Mastercard to bring superior payment experiences and convenience to Vietnamese users.
Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

The Government proposed raising the revenue threshold exempt from tax for business households from VNĐ200 million (over US$7,580) to VNĐ500 million per year.
Việt Nam launches cross-border QR payment connectivity with China

Việt Nam launches cross-border QR payment connectivity with China

Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.
Mobifone Digital Payment licensed to provide intermediary payment services

Mobifone Digital Payment licensed to provide intermediary payment services

The State Bank of Vietnam has licensed MobiFone Digital Payment Joint Stock Company (MDP) to conduct intermediary payment services.
Ministry proposes increasing tax-free revenue threshold for household businesses to VNĐ500 million

Ministry proposes increasing tax-free revenue threshold for household businesses to VNĐ500 million

The VNĐ500 million threshold would allow 90 per cent of household businesses to be exempted from paying tax and reduce the tax burden on them by an estimated sum of VNĐ11.8 trillion per year.
Sacombank wins J.P. Morgan award for excellence in USD payment processing

Sacombank wins J.P. Morgan award for excellence in USD payment processing

Sacombank has been honoured by J.P. Morgan Chase, one of the world’s leading financial institutions, with ‘The 2025 U.S. Dollar Clearing Elite Quality Recognition Award’.