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Covid-19 boosts cashless payments in Vietnam

The Hanoitimes – Transaction values via smartphones increased by 177% in the first half of 2020. Concerns over Covid-19 and mobility restrictions have prompted the use of cashless payments in Vietnam, according to local insiders and providers. Statistics from Shopee, the leading e-commerce platform in terms of visitors in Vietnam, showed that the number of users […]

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Cambodia: Final warning on non-taxed imports

The General Department of Customs and Excise at the Ministry of Economy and Finance has given a final notice to non-taxed vehicles and goods owners to declare their ownership of Sept 28, according to an announcement from the customs and excise. Those goods were confiscated and kept in temporary storage or customs-bonded warehouses. The non-taxed […]

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Bank of Thailand warns of tourism meltdown

Thailand’s tourism industry will face greater risks next year if the government continues to restrict foreign travellers from entering the country, says the Bank of Thailand. Foreign arrivals could be downgraded from a projection of 8 million this year and 16 million next year given the deflated tourism outlook, said Don Nakornthab, senior director of […]

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