National Bank of Cambodia (NBC) director-general Chea Serey was tapped on July 26 as an advisory board member of ASEAN Financial Innovation Network (AFIN) where she hopes to see more Cambodian financial technology (fintech) players and financial institutions (FI) on the API Exchange (APIX) platform.
A lack of policies promoting battery production and building a charging station network is preventing the electric car market in Vietnam from hitting the road running.
Japanese-based retail giant AEON is planning to use its commercial network to export Vietnamese longan to neighbouring Asian nations, according to Yuichiro Shiotani, General Director of the AEON TOPVALU Vietnam Co Ltd.
Global cross-border payment network Thunes has entered into a partnership with ABA – Cambodia’s largest commercial bank – to allow millions of overseas Cambodians to send money back home faster and more affordably, and cement its focus on the Kingdom as a vital Asian market, “with more capabilities to be rolled out in the near future”.
Buffet restaurants in Hanoi went livestream Monday afternoon on social networks to sell fresh seafood before they close Tuesday as a Covid-19 safety measure.
In the northern and north-central parts of the country, Go Digital ASEAN has helped thousands of micro-entrepreneurs improve their capacity to use digital applications to market their products online and access business information and networks to better manage and expand their businesses amid the COVID-19 pandemic.
ABA Bank on July 7 announced a collaboration on merchant acquiring with UnionPay, the global payment network that serves the world’s largest card base.
A local trade body is working to educate its network and find solutions concerning the EU’s recent removal of a value added tax (VAT) exemption for goods imported into the bloc with a value not exceeding €22 ($26), and the optional Import One-Stop Shop (IOSS) scheme created for low-value consignments.
Many of Hanoi’s specialties meeting AEON’s standards are sold through the Japanese retailer’s distribution channel.
Deutsche Bank Vietnam, part of Deutsche Bank, a leading bank in Germany with strong European roots and a global network, is enabling offshore institutions and corporates to better manage their exposures to Vietnam’s currency by launching new features for post-trade activities on its award-winning foreign-exchange platform, Autobahn.