Citibank Vietnam and ACE Life Insurance Co., Ltd. (ACE Life Vietnam) last week announced their cooperation in launching Citibank ACE Life Platinum MasterCard Credit Card. According to Vu Tuyet Van from Citibank, clients wanting to use the card need to have a monthly income of at least VND15 million. The card fee is VND1 million per year with a maximum credit limit of up to VND300 million per... 

VPBank and Vietnam Airlines Corp. have announced a joint MasterCard for their high-profile customers who travel and purchase products and services frequently. The Vietnam Airlines – VPBank Platinum MasterCard allows the holder to pay their bills printed in and outside Vietnam as well as enjoy services of the bank and the airline. Members of Golden Lotus Plus program of Vietnam Airlines can... 

Consumers in Vietnam as well as other countries in the Asia Pacific region were lacking confidence when facing the slow recovery of the global economy, according to MasterCard Worldwide. The corporation’s latest survey of Index of Consumer Confidence showed a drop in Vietnamese confidence from 90.3 to 77.1 points, which was still the third highest among surveyed countries, after China and Singapore. Besides,... 

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) on Thursday cut a deal with HCMC Housing Development Bank (HDBank) to assist the latter to issue international credit cards of the brand HDBank MasterCard. Pham Anh Tuan, deputy general director of VietinBank, told local media that at this time many international card institutions had restricted having new banks as members so... 

Sony Corp blamed the well-known Internet vigilante group Anonymous for indirectly allowing a hacker to gain access to personal data of more than 100 million video game users. “Sony now faces a large-scale cyber-attack involving the theft of personal information,” Kazuo Hirai, chairman of the board of directors of Sony Computer Entertainment America LLC, said in a letter to members of... 

“This trend will continue of course, as when the rich Vietnamese get richer and after they have all the luxury goods that they want” Vietnam has ranked the top Asia-Pacific market on spending priorities on dining and entertainment for the next six months. The MasterCard Worldwide Index of Consumer Purchasing Resilience survey released last week in Singapore showed that 89 per cent of Vietnamese... 

The latest survey of MasterCard Worldwide on top priorities in expenditure of consumers shows that Vietnamese people give more spending priority for food and entertainment services in the next six months. Vietnam ranks first in the Asia-Pacific region on the ratio of people (89%) saying they will prioritize spending on these two categories, according to the MasterCard survey on Consumer Purchasing... 

Techcombank has raised cash-withdrawal fees to prevent Vietnamese from flocking to Cambodia to withdraw millions of dollars from Cambodian ATMs to benefit from the difference in exchange rates. From now, withdrawing foreign currency and cash is subject to a fee of 4% and 3% respectively. This means that holders of cards issued by Techcombank must pay at least 7% on the withdrawn cash if they want... 

MasterCard yesterday officially launched its Premium Cards Privilege program for Titanium, Platinum and World MasterCard cardholders in Vietnam. Designed to inspire and further enhance the lifestyles of MasterCard cardholders, this program provides a wide range of travel, sports, health, dining and shopping privileges in Vietnam on top of the perks offered by international brands. “Premium cardholders... 

HCMC – Citibank Vietnam has launched its first card service on the local market through a travel credit card partnership with MasterCard. The Citibank PremierMiles card is mainly for people who usually travel abroad for business or leisure. Cardholders can earn one Premier Mile for every VND20,000 of spend and cash withdrawal, 1,000 bonus Premier Miles for card renewal, and 5,000 bonus marks for...