Banks warn against online transaction fraudThe Saigon Times Daily Customers are seen withdrawing money at an ATM in Hanoi. Local banks warn bank customers of possible online fraud during Tet - PHOTO: VNA HCMC – Local banks have issued warnings against online transaction fraud to their customers, since such trickery practices as stealing banking passwords when customers withdraw money at ATMs or make online payments are substantially common during the Tet Holiday, Nguoi Lao Dong Online reported. Asia Commercial Bank, commonly known as ACB, has sent warning notices via email to their customers, asking them to secure their banking personal information against swindlers. According to the bank, customers should stay highly vigilant against entering one-time passwords and usernames to their bank accounts on fake banking websites. There are several fake websites that pretend to be banks’ official ones or international money transfer channels to trick bank customers to … [Read more...] about Banks warn against online transaction fraud
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E-banking service tends to be promising in Vietnam
The Hanoitimes - E-banking service is promising in Vietnam, experts said at the Vietnam Retail Banking Forum 2016 held in Hanoi. E-banking means Internet banking or modern banking or online bill. In this method, customer gets his bank account ID and password and he can check his account, pay his bill and print his receipt through his home personal computer which is connected with Internet. E-banking is development of today banking system. In other words, e-banking is electronic banking whose facility, you can take through your regular broadband Internet connect. According to a 2015 research of the Business Monitor International, Vietnam’s Internet users grew at an average annual rate of 9 percent, ranked 15th worldwide. The country has a younger population compared to other nations in the region, with Internet penetration rate reaching 52 percent of the population. Local banks said some 44 percent of their customers use banking services, which are expected to account for 44 … [Read more...] about E-banking service tends to be promising in Vietnam
Online Bidding Guarantee Starts from 2016
Online Bidding Guarantee Starts from 2016 This plan will be carried out in two phases, starting from July 13, 2016. The first phase (from 2016 to 2018) will include the following contents: Upgrading, managing and operating existing national procurement network systems in a secure, stable and smooth manner; collecting bidder selection and bidding guarantee fees via banks, online payment gateways and electronic invoices; enabling online bidding guarantee; providing bid information on mobile devices and emails. The second phase (from 2019 to 2025) will comprise of the following contents: Linking the national tender system with other e-government systems; developing bid information provision utilities, participating in bidding, bidder selection supervision and contract implementation via mobile devices; applying online payment between investors and bid winners. The objectives of the second phase are 100 per cent of information about bidder/contractor selection and contract execution is … [Read more...] about Online Bidding Guarantee Starts from 2016
VIB introduces online account and deposit services
To subscribe to the services, clients should use ‘MyVIB’ mobile or internet banking apps or visit VIB’s new Internet Banking website. New customers should download ‘MyVIB’ app from the iOS App Store, Google Play Store or Windows Phone Store, or from the VIB website at www.vib.com.vn, then fill in the registration form and automatically open a current account or term deposit. A professional team called MOS (Man on scooter) has been set up to serve customers upon request to collect any necessary documents, finalize KYC (know your customer) and obtain wet signatures. Customers can then continue to conduct their banking online or for branch service customers can select any branch of preference to serve their future needs. This service will be initially made available in Hanoi and HCMC. Existing VIB customers can immediately open a term deposit without providing any further details or personal data. MyVIB mobile banking app has got "Vietnam’s … [Read more...] about VIB introduces online account and deposit services
Online sales expect sharp increase in 2014
VietNamNet Bridge - Following a prosperous year 2013, the e-commerce market is believed to make a big leap in its development in the time to come. The turnover of $8 billion by 2017 is within the reach. Nguyen Thanh Hung, Deputy Chair of the Vietnam E-commerce Association (VECOM), cited a report of comScore--a market survey firm, as saying that the top 5 online retailers in Vietnam are all domestic enterprises. Meanwhile, in the other six South East Asian countries, foreign enterprises such as Amazon, Apple and Alibaba are leading the market. comScore believes that Amazon and Lazada still cannot dominate the Vietnamese market because of the special characteristics of the market. Vietnamese consumers do not chose Amazon or Lazada partially because they are not really good at English, or they don't have credit cards, which are necessary when making transactions with international websites. This explains why domestic sellers such as 5giay, vatgia, enbac still enjoy a stable large … [Read more...] about Online sales expect sharp increase in 2014