Scammers at this time of year, before school starts, are sending fraudulent messages to trick students out of money.

Hanoi Police on August 23 issued a warning that scammers are impersonating economic groups and businesses with the aim of swindling and appropriating people's assets by inviting them to take part in investment and recruitment campaigns.

As online scams continue to rise, the Authority of Information Security (AIS) has identified five "hot spots" in the online space where Vietnamese internet users need to be vigilant to avoid falling victim to fraud.

The National Cybersecurity Association has launched the nTrust app, allowing Vietnamese citizens to download and use this free tool to protect their phones and join the community against fraud.

Since July 1, banks have had the right to block and close accounts if they find signs of fraud.

On July 17, the Authority of Information Security and Meta, the parent company of Facebook, announced the launch of the “Identifying Scams” campaign in Vietnam for 2024.

According to the Department of Information Security (Ministry of Information and Communications), five notable online scam tactics have emerged in Vietnam and worldwide in the second week of July 2024.

Recently, Vietnam has seen the proliferation of "junk" bank accounts. These accounts are officially registered but sold to fraudsters for prices ranging from a few hundred thousand to several million VND.

Vietcombank has warned about a new form of fraud, impersonating bank staff to support biometric updates, to steal banking details.

Discover how one man lost nearly 10 billion VND ($425,000) in a dropshipping scam and learn how to protect yourself from similar traps.

In its bulletins about online scams released recently, the Authority of Information Security (AIS) has repeatedly warned about impersonation scams. The bulletin for June 10-16 showed the most common types of fraud.

Scams involving fake public service software registration and quick investment profits are well-known and continuously warned against by authorities, yet people continue to lose their assets to these schemes.

The growing threat of online scams in Vietnam has prompted experts to warn citizens about the significant financial losses they could face, urging stricter security measures to protect individuals from falling victim to the schemes.

Eliminating trunk simcards is a major responsibility that telecom carriers must take in the fight against online phishing and protection of internet users.

Nearly 17,500 online fraud cases targeting Vietnamese internet users have been reported on the information security warning portal operated by the Ministry of Information and Communications (MIC).

As of March 2024, the system of the Authority of Information Security (AIS) had blocked 10,000 "toxic" domain names, including 2,700 phishing domain names. More than 1,200 online scam cases are reported each month.

Many people have fallen victim to increasingly sophisticated scams, which often target gullible, greedy or technologically illiterate people.

Vietnamese have suffered an average loss of VND17.7 million from scams, reports say.

Vietnam Airlines has warned passengers of online fraud where scammers pretend to be partners of Vietnam Airlines and deceive customers by offering gifts or commissions in exchange for tasks.

All phone numbers of units under the Ministry of Information and Communications (MIC) calling people will display the voice brand-name of “BO TTTT” from October 27.