mobile money

According to the Vietnam Telecommunications Authority under the Ministry of Information and Communications, Mobile Money's users will be charged a small fee while using the service.

Prime Minister Nguyen Xuan Phuc has approved the pilot application of Mobile Money, which allows the use of mobile phone accounts to pay for small-value goods and services

The Vietnam government is moving ahead with a plan to put mobile money into use to reduce social contact and cash circulation.

A mobile money pilot project has been submitted to the Prime Minister for consent, marking a bold step for the development of payments using telecommunication accounts in Vietnam, Governor of the State Bank of Vietnam Le Minh Hung said on Saturday.

The State Bank of Vietnam is trying to finalise the pilot programme of deploying telephone subscription accounts to make small payments, or mobile money in Vietnam.