Vietnam E-payment Forum opens
(VOVworld) – The 2015 Vietnam E-payment Forum opened in Hanoi on Wednesday. In his address, Deputy Prime Minister Vu Duc Dam said that despite the rapid development of e-commerce in Vietnam, cash payments still account for 65% of total transactions. Mr. Dam said that the technical infrastructure in Vietnam is now ready for e-payment services but policies are still needed to encourage more people to use e-payment services.
Delegates agreed that databases of the State Treasury and the General Department of Taxation should be connected with commercial banks’ payment systems to make e-payments more convenient.