The State Bank of Vietnam has just officially released the first Vietnam Chip Card Specifications (VCCS). Announced in October, VCCS are a set of standards developed by National Payment Corporation of Vietnam (NAPAS), with support from Gemalto. With VCCS, which was devised specifically for EMV cards used in Vietnam, the new domestic ATM and Debit cards will reduce card-present fraud resulting from counterfeited, lost and stolen cards in the country. By the end of 2017, 54.6% of all cards issu...