Việt Nam News

VNR launches online payment service through VIMO e-wallet

April 23, 2019 - 00:00

Việt Nam Railway (VNR) and NextTech Group signed an agreement on Tuesday in Hà Nội to offer online booking and payment services for railway tickets through e-wallet VIMO.

Representatives of Việt Nam Railway (VNR) and NextTech Group sign the agreement to offer online booking and payment services for railway tickets through VIMO. — VNS Photo Vũ Hoa

HÀ NỘI — Việt Nam Railway (VNR) and NextTech Group signed an agreement on Tuesday in Hà Nội to offer online booking and payment services for railway tickets through e-wallet VIMO.

Users will be able to book tickets online through VIMO in just a few minutes anytime, anywhere.

Phan Quốc Anh, VNR’s deputy general director, said VNR has offered online booking on its website duongsat.vn since October 2014. It has worked to expand agent systems and other sale channels such as mobile phones, e-banking and e-wallets to provide more convenient options.

Anh said around 30 per cent of railway tickets were sold online. As more and more commerce shifts online, VNR will encourage passengers to book tickets using the e-wallet system.

Nguyễn Hòa Bình, NextTech Group’s chairman, said a recent survey from the State Bank of Việt Nam showed that by the end of 2018, more than 60 per cent of adults had at least one ATM card. However, most people in Việt Nam still use ATM cards to withdraw cash rather than for online payments.

Bình said VNR has seen a remarkable digital transformation over the past two years.

“NextTech Group expects to become a long-term and trusted partner for VNR in the digital platform, thus bringing safe and convenient payment methods to customers while promoting the cashless payment project set by the Government,” he said.

Đỗ Công Diễn, general director of VIMO Technology Company, said last year saw strong development for e-commerce. The use of new payment technologies has become more popular.

He added that by using VIMO, all payments can be made on mobile phones, saving costs and increasing safety for customers.

People can download the VIMO e-wallet application for both iOS and Android and use bank cards such as Visa, Master Card, JCB or ATM cards from more than 20 banks to pay for railway tickets.

VIMO is offering 50 per cent money back for the first 1,000 passengers who book railway tickets online from April 23 to May 31. The money will be returned within an hour after departure. — VNS

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

Ministry initiates anti-dumping investigation on imported fibreboard

The Ministry of Industry and Trade (MoIT) has launched an anti-dumping investigation into industrial medium density fibreboard (MDF) imported from Thailand and Malaysia.

Economy

Vietnamese mid-corporates need new strategies in emerging technologies

Mid-sized corporates in Việt Nam and other ASEAN countries, need to devise new strategies, from digitalisation to partnerships and overseas ventures, to build growth against major shifts in their respective sectors of operation, according to a Standard Chartered thought leadership report.

Economy

Dung Quất refinery earns $26m in Q1 post-tax profit

In Q1, the factory turned out more than 1.7 million tonnes of products and earned over VNĐ23.05 trillion in revenue.

Economy

The north’s largest bio organic fertiliser plant opens in Vĩnh Phúc

Quế Lâm Group General Director, Nguyễn Thanh Vinh, said the plant is developed to meet the rising demand for quality organic fertiliser products in the northern region. It is also the second plant of his company in Vĩnh Phúc Province’s Bình Xuyên District.

Economy

Đà Lạt speciality products to be given 'identity cards'

Each speciality product from Đà Lạt and Lâm Đồng Province will be given a unique identification number to help consumers distinguish between them quickly and accurately.

Economy

City Party chief calls on companies to use technology to improve quality

Vietnamese companies need to invest in advanced technologies to meet the rising demand for high-quality goods in the domestic market as well as to expand exports, Nguyễn Thiện Nhân, the HCM City Party Committee Secretary, said.

Economy

Basel II standards help banks get high credit growth limit

Some commercial banks expect to get high credit growth limits set by the central bank this year as they have so far met Basel II’s capital safety and risk management standards ahead of schedule.

Economy

VN urged to improve economic resilience

Việt Nam must focus on consolidating macroeconomic foundations and renovating institutions to increase resilience in the context of global uncertainties, according to the Central Institute for Economic Management (CIEM).

Economy

Credit package proposed for support industry

The Ministry of Industry and Trade (MoIT) has proposed a VNĐ100 trillion (US$4.31 billion) preferential credit package for the development of the country’s support industry.