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Vietnam Leads Surge in Contactless Payments Across Asia-Pacific: Visa survey data

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 30 December 2024 – Visa, the global leader in digital payments, reveals a surge in contactless payments across the Asia-Pacific (AP) region, with Vietnam leading the charge based on a recent survey commissioned by Visa done by YouGov[1]. VisaNet data analyzed by the Visa Consulting & Analytics (VCA) shows a significant shift in payment behavior, with nearly one in five transactions processed on the Visa network being contactless in September 2024.

Survey results reveal that in the AP region, in-app mobile wallets (69%) and tap-to-pay (68%) are the preferred payment methods. In Vietnam, mobile wallets are favored payment method by 80% of consumers surveyed, while 68% utilize tap-to-pay. Additionally, 39% of Vietnamese consumers trust smartphones for high-value transactions, demonstrating their confidence in mobile payment security and comfort with mobile-first solutions.

At the end of November 2024, contactless payments have become universal in Vietnam, with over 75%1 of face-to-face transactions on Visa cards being contactless. The introduction of mobile wallets such as Apple Pay, Garmin Pay, Google Pay, and Samsung Pay has significantly driven this trend, reflecting growing consumer confidence and a rising demand for SMBs to offer these seamless payment options. Visa is actively collaborating with banks and merchants to develop a comprehensive contactless ecosystem through the “Small Business, Big Future” initiative and an online toolkit supporting SMBs in their digital transformation journey.

Ms. Dung Dang, Visa Country Manager for Vietnam and Laos, said: “We envision a future where digital payments are seamless, secure, and accessible to all Vietnamese businesses. By collaborating with partners across the payment ecosystem, we strive to help SMBs unlock new opportunities for growth and efficiency, ultimately contributing to Vietnam’s economic progress.”

While contactless payments offer unparalleled convenience, transaction security is crucial for establishing consumer trust and promoting widespread adoption. With 51% of respondents across AP expressing confidence in tapping their card as a secure payment method, the AP digital economy experienced an uplift of more than USD 2 billion with the implementation of the Visa Token Service (VTS). This underscores the importance of promoting secure, contactless payment solutions throughout the region.

Additionally, by collaborating with QR payment providers in Asia Pacific, Visa facilitates seamless cross-border transactions, opening new opportunities for Vietnamese businesses in international commerce. This is further reinforced by the growing preference for QR code payments in Vietnam, with 98% of mobile payment users scanning QR codes at point-of-sale (POS) for their convenience, wider acceptance, reliability, and security[2].


[1] VisaNet data, all other data unless otherwise stated is from AP Consumer Payment Preferences Survey commissioned by Visa done by YouGov – Total sample size was 16,308 respondents (14 markets in total) and fieldwork was undertaken between 30th August – 6th September 2024 with 1,038 respondents in Vietnam.

[2] The Visa AP Mobile Research was conducted online with 9,000 consumers across 5 Asia Pacific countries including Australia, India, Singapore, Vietnam (1,500 respondents) and Japan, aged 18-60 years (IN, SG, VN) / 18-70 years (AU, JP), in Nov 2024.

Hashtag: #Visa #ContactlessPayments



The issuer is solely responsible for the content of this announcement.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

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Canon Hong Kong Announces the Appointment of Mr Gary Lee as the New CEO

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HONG KONG SAR – Media OutReach Newswire – 2 January 2025 – Canon Hongkong Company Limited (Canon Hong Kong) is pleased to announce today the appointment of Mr. Gary Lee as the company’s new CEO, with immediate effect.

With over three decades of experience in accounting and finance, Mr. Lee joined Canon Hong Kong in 1997 and has held several senior management positions across different business units and geographics, laying a solid foundation of leadership and expertise. In his new role, Mr. Lee will spearhead the company’s business operations in Hong Kong, Macau and the Greater Bay Area.

“Canon Hong Kong has a deep bonding with Hong Kong people for over 50 years. Leveraging the city’s unique geographical advantage as a gateway to Macau and the Greater Bay Area, we have achieved remarkable growth in both local and cross-border business with the immense support of our customers and business partners. I look forward to striving for new heights with the talented team. We will continue to drive digital transformation for our customers through innovative imaging technologies and intelligent business solutions. At the same time, we remain committed to our corporate philosophy of “Kyosei” to create greater value for the society and move towards a sustainable future with other stakeholders.” Mr. Lee shared.

Mr. Lee graduated from Hong Kong Baptist University in 1992 with a degree in Business Administration. His journey with Canon Hong Kong began in 1997 with initial focus on finance and accounting. In 2012, he earned an Executive MBA degree from The Chinese University of Hong Kong. Known for his forward-thinking approach, Mr. Lee has been a strong advocate for utilizing advanced technologies to enhance operational efficiency and accelerate digital transformation.

In 2011, Mr. Lee was promoted to Senior Director, overseeing Finance and Accounting, Information Technology, Supply Chain Management and Legal and Compliance across Hong Kong, Macau, Taiwan, the Philippines and Mongolia. From 2017 to 2024, Mr. Lee took up the role of Vice President and CFO of Canon India, where he managed key functions spanning from Finance, Legal, Corporate Communication, Government Relations to Central Procurement. With his tremendous insight and a wealth of global perspective, Mr. Lee will lead the company to propel and stay competitive in the rapidly evolving industry.
Hashtag: #CanonHongkong

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About Canon Hongkong Company Limited

Canon Inc. (TSE:7751 / NYSE:CAJ) was founded in 1937 in Japan. Its predecessor, Precision Optical Instruments Laboratory, produced Japan’s first 35 mm focal-plane-shutter camera “Kwanon” in 1934. From there, Canon Inc. expanded into the photocopying and printing industries, launching Japan’s first plain-paper copier NP-1100 in 1970 and the world’s first inkjet printer BJ-80 in 1985. Through the years, Canon Inc. has acquired in-depth experience in digital imaging product manufacturing, research and development. Pioneering in innovative product development, Canon Inc. holds the most technology patents in the imaging industry. Canon Inc. also makes significant contributions to promote photography. Today, Canon Inc. has a strong global presence, representing one of the most important market players in the imaging, office and industrial product categories. As of 31 December 2023, Canon’s global revenue was US$29.44 billion.

In 1971, Canon Hongkong Co., Ltd. (Canon Hong Kong) was established as one of the first Canon offices in Asia. Canon Hong Kong is a Total Imaging Solution provider, providing professional pre-sales, marketing and after-sales services for all Canon products and solutions in Hong Kong and Macau. With the solely owned subsidiary Canon Business Solutions (Guangdong) Co., Ltd. established in 2018; the company continues to deliver intelligent total business solutions and professional services to Greater Bay Area. Canon Hong Kong adheres to Canon’s corporate philosophy of “Kyosei”, encouraging the company and staff to engage in social, charitable and environmental activities for the community. Implementing an internationally recognized management system, Canon Hong Kong has achieved ISO 9001, ISO 14001, ISO 45001 and ISO 27001 (Canon Digital Production Center) certifications.

For more information about Canon Hong Kong, please visit our website: .

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Crystal Learning and Lingo School of Knowledge Unify Language Portfolio to Streamline Offerings and Enhance Student Experience

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SINGAPORE – Media OutReach Newswire – 2 January 2025 – Crystal Learning Pte. Ltd. and Lingo School of Knowledge are pleased to announce the streamlining of their combined language offerings following their recent merger. This strategic decision will create a more focused and efficient portfolio, enabling regular class openings, greater operational synergy, and more opportunities for students to start their language learning journeys.

Under this new structure, each language will now be offered by a single school, allowing Crystal Learning and Lingo to achieve the critical mass necessary for frequent class start dates. This ensures greater flexibility and convenience for new students while maintaining small-group classes with a maximum of eight students—whether in-person at the Orchard centre, online, or in hybrid mode.

Key Changes to the Language Portfolio:

1. Languages offered exclusively by Lingo School of Knowledge:

  • Vietnamese (previously under Vietnoi)
  • Indonesian (previously under IndoSlang)
  • Thai (previously under Sawadee)
  • Japanese (previously under Taiyo)
  • Malay (previously offered by both schools)

2. Languages offered exclusively by Crystal Learning’s specialist schools:

  • Korean: Hana Korean
  • Mandarin: Yi Mandarin
  • English: English Express

Moving forward, students interested in Korean, Mandarin, or English will be referred to the respective specialist schools under the Crystal Learning umbrella.

Commitment to Quality and Continuity

The streamlining will not affect current teaching arrangements, and no changes will be made to the team of experienced teachers. Students will continue to enjoy personalized attention in small group settings, a hallmark of both Crystal Learning and Lingo.

Alex Lim, Centre Director at Crystal Learning, shared, “By combining our strengths and focusing on a unified portfolio, we can offer students more frequent opportunities to start classes while maintaining our commitment to high-quality, small group teaching. Whether you’re learning Vietnamese, Mandarin, Korean or any of the other languages we teach, our goal is to make language learning more accessible and impactful.”

With many aspiring learners making New Year’s resolutions to pick up a new language, this streamlined offering ensures a variety of languages are accessible, structured, and flexible to meet the needs of individuals and professionals alike.

Hashtag: #CrystalLearning


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Crystal Learning Pte. Ltd.

Crystal Learning Pte. Ltd. specializes in small group language lessons, offering practical and effective learning in Mandarin (Yi Mandarin), Korean (Hana Korean), and English (English Express). Their student-focused approach emphasizes practical application, helping learners achieve proficiency quickly and effectively.

For more information, visit .

Lingo School of Knowledge

Lingo School of Knowledge is a leading language provider in Singapore, offering diverse courses ranging from Japanese, Thai, and Indonesian to Vietnamese and Malay. Known for its experienced native-speaking teachers and personalized small group lessons, Lingo serves both individuals and corporate clients with in-person, online, and hybrid options.

For more information, visit .

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Kim Yew Integrated Celebrates 40 Years Of Excellence In Facilities Maintenance

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SINGAPORE – Media OutReach Newswire – 2 January 2025 – Kim Yew Integrated, a leader in the facilities management industry, proudly celebrates its 40th anniversary in 2025, marking four decades of innovation, resilience, and commitment to excellence. Founded in 1985, the company has evolved from a traditional term contractor to an Integrated Facilities Management firm, redefining industry standards with data-driven solutions, technology integration, and sustainable practices.

Patrick Tan, Managing Director of Kim Yew Integrated, who is part of the new management team that took over since 2021

ACHIEVEMENTS THAT DEFINE EXCELLENCE

Over the past 40 years, Kim Yew Integrated’s journey has been defined by groundbreaking achievements and a steadfast commitment to exceeding client expectations. Notable milestones include:

  • Certified Facilities Management Company (Gold Plus): Achieving this prestigious SIFMA certification highlights the company’s excellence in delivering high-quality facilities management services.
  • Sustainable Net Zero Organization (Gold Plus): Recognised for its leadership in sustainability, Kim Yew Integrated has set benchmarks in implementing environmentally friendly practices.
  • SIFMA Smart Technology Winner (2021, 2022, 2023): Acknowledged three years in a row for its innovative use of smart technologies in facilities management.
  • Sustainability (Small Enterprise) Merit (2023): Honoured for its outstanding contributions to sustainability within the small enterprise category.
  • Outstanding FM Service Provider (Open) Merit (2022, 2023): Recognised for its exceptional service delivery and client satisfaction.
  • World Workplace Asia-Pacific Sustainability Merit (2024): Celebrated for its dedication to advancing sustainability in the facilities management industry across the Asia-Pacific region.
  • FM01 – M1 Certification: Kim Yew Integrated is the highest-certified local firm to meet this stringent standard, solidifying its position as a trusted partner for large-scale facilities management projects.
  • Pioneering Transformation: Transitioning from traditional term contracting to a holistic IFM approach, the company now leverages cutting-edge technology, data analytics, and innovative solutions to deliver unparalleled service quality.

ADAPTING TO EMERGING EXPECTATIONS

Since 2021, under the new shareholders, directors, and management team, Kim Yew Integrated has more than doubled its business, demonstrating its strategic vision and commitment to excellence in the post-COVID market. This growth reflects the company’s ability to adapt to market demands while maintaining its core values of quality and reliability.

The facilities management landscape has undergone significant changes over the past decade, driven by digital transformation, sustainability goals, and rising client expectations. Kim Yew Integrated has embraced these challenges, emerging as a forward-thinking partner for businesses seeking efficient and sustainable facilities solutions. Through initiatives like green procurement, carbon tracking, and e-waste recycling, the company has embedded environmental stewardship at the core of its operations.

“Celebrating 40 years is not just about looking back at what we’ve accomplished but also about looking ahead to the future,” said Patrick Tan, Managing Director of Kim Yew Integrated. “Our journey reflects our ability to adapt, innovate, and lead in a dynamic industry. We remain committed to providing sustainable and efficient solutions that meet the evolving needs of our clients.”

A LEGACY OF COLLABORATION AND INNOVATION

Kim Yew Integrated has built lasting partnerships with government bodies, educational institutions, and leading corporations, providing customised facilities solutions that address complex challenges. These relationships reflect the company’s unwavering commitment to delivering tailored solutions with a focus on excellence and reliability.

Looking to the future, Kim Yew Integrated plans to further its investments in innovation, particularly in areas such as robotics for cleaning and pest control, advanced data analytics, and expanded energy efficiency solutions. Collaborations with technology partners will continue to enhance its ability to deliver integrated, cutting-edge services.

COMMITMENT TO EXCELLENCE AND ACCOUNTABILITY

As a trusted leader in facilities management, Kim Yew Integrated upholds the highest standards of service quality, innovation, and ethical business practices. This commitment is the foundation of its long-standing relationships and reflects its dedication to meeting and exceeding stakeholder expectations. This milestone underscores the dedication of Kim Yew Integrated’s team and the trust placed in the company by its clients and partners. As it celebrates 40 years of success, the company reaffirms its mission to set new benchmarks in the facilities management industry, shaping a sustainable and innovative future.

Patrick Tan, Managing Director of Kim Yew Integrated commented:

“Since November 2021, Kim Yew Integrated has achieved remarkable growth and reached key milestones. This progress would not have been possible without the unwavering trust, support, and collaboration of our clients, people, and partners. As we celebrate our 40th Anniversary, we extend our heartfelt gratitude to everyone who has been part of our journey and success. Together, we aspire to continue growing and creating positive impact for many years to come.”

Hashtag: #KimYewIntegrated

The issuer is solely responsible for the content of this announcement.

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