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Moody's puts Vietnam under review for downgrade because of delayed payment

Moody's Investors Service has placed the Ba3 local and foreign currency issuer and senior unsecured ratings of the government of Vietnam under review for downgrade, which Vietnam's Ministry of Finance said is not convinced.

Cashless payment remains inferior despite about 77 million bank cards in circulation

Cash has always been a convenient method of payment for Vietnamese but many people feels at risk when paying by card, particularly they concern about identity theft with online payment transactions.

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