News

Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.

Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.

Payments Network Malaysia Sdn Bhd (PayNet) said Thursday it processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.

PwC Singapore said Wednesday that it will invest S$4 million ($3.1 million) over three years to establish the Trade Advisory Hub that invests heavily on artificial intelligence (AI) in Singapore.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.

ClearBank, the global payment firm, has announced a new partnership with Singaporean payments infrastructure provider Tazapay to strengthen payment flows between Asia and Europe.

Nium, the Singapore-based payments firm, has announced a partnership with American cryptocurrency exchange company Coinbase to enable USDC stablecoin payments across its platform.

Thunes, the Singapore-based payment, has on Tuesday announced the expansion of its Direct Global Network with the launch of direct, real-time Pay-to-Bank services into New Zealand.