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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Sunday, January 12, 2025

Cashless streets launched in Danang

The Saigon Times

Must read

HCMC – Two cashless streets were launched in Danang City yesterday, June 16, to create a convenient shopping experience for residents and tourists, said a local official.

Nguyen Van Linh and Tran Van Tru streets in Hai Chau District in downtown Danang were chosen to promote cashless transactions at all shops on a trial basis before the plan is expanded to other parts of the central beach city, Tuoi Tre reported, citing the district authority.

Phan Thi Thang Loi, vice chairwoman of Hai Chau District, said the launch of the two cashless streets would entitle residents and tourists to special benefits offered by goods retailers and service providers, which will help promote non-cash payments. The scheme is also meant to stimulate shopping and support enterprises and retail shops in the area.

The plan is a joint effort of the Vietnam E-commerce Association and relevant payment organizations like the e-wallet company MoMo, the Vietnam Military Bank (MBBank), and commercial enterprises in Hai Chau District.

Nguyen Van Dong, director of MBBank Danang, said his bank this week would help open accounts and provide payment codes for residents living along the two streets to facilitate their shopping. The bank would also promote cashless transactions among residents in other districts in Danang City.

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