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Digital transformation brings traditional markets closer to consumers

Digital transformation brings traditional markets closer to consumers

Phạm Thị Nụ, 70, in HCM City, no longer finds shopping for food and other household necessities as difficult as she once did.
Vietnamese firms urged to build traceability systems beyond QR codes

Vietnamese firms urged to build traceability systems beyond QR codes

A QR code is only a means of displaying information, while an effective traceability system must allow businesses to track products from raw materials and production to transport and distribution.
Việt Nam, Singapore launch cross-border QR payment service

Việt Nam, Singapore launch cross-border QR payment service

The new service enables Singaporean visitors to make seamless QR payments across Việt Nam using their existing mobile payment apps, supporting tourism, trade and deeper digital economic integration between the two countries.
QR codes key to safer food supply chains but transparency, supervision needed

QR codes key to safer food supply chains but transparency, supervision needed

For agricultural cooperatives, the cost of applying QR codes to every product can quickly become a financial burden.
Việt Nam, South Korea launch cross-border QR payment service

Việt Nam, South Korea launch cross-border QR payment service

Việt Nam has rolled out a cross-border QR payment service with South Korea, marking a new step in financial connectivity between the two countries and supporting growing tourism and trade flows.
QR and mobile payments on the rise, ATM usage declines

QR and mobile payments on the rise, ATM usage declines

The SBV noted that, with the current growth momentum and the expansion of cross-border QR payments across multiple countries, cashless payments would continue to be a key driver of Việt Nam’s digital economy and financial inclusion.
Việt Nam launches cross-border QR payment connectivity with China

Việt Nam launches cross-border QR payment connectivity with China

Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.
Nearly 18 billion cashless transactions recorded in nine months

Nearly 18 billion cashless transactions recorded in nine months

Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
Efforts urged to promote cashless payment

Efforts urged to promote cashless payment

Relevant authorities are requested to swiftly implement measures to encourage non-cash transactions, enhance direction and guidance, and conduct widespread communication campaigns to promote cashless payments.
Seven banks allow customers to pay by QR codes in Laos

Seven banks allow customers to pay by QR codes in Laos

Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.
QR code payment transactions surged in 2024

QR code payment transactions surged in 2024

The year 2024 has marked a significant shift in Vietnamese consumer behaviour toward non-cash payments.
NAPAS to expand cross-border QR payment with China, RoK and Japan in 2025

NAPAS to expand cross-border QR payment with China, RoK and Japan in 2025

The National Payment Corporation of Việt Nam (NAPAS) will expand its cross-border QR payment services with countries including China, Japan and the Republic of Korea in 2025.
E-wallet faces intense competition against VietQR, bank apps

E-wallet faces intense competition against VietQR, bank apps

Amid increasingly fierce competition in the digital payments sector, e-wallets are facing significant challenges to maintain their long-term viability.
Banking digitalisation sees rapid growth: SBV

Banking digitalisation sees rapid growth: SBV

SBV''s deputy governor Phạm Tiến Dũng said as the number of customers and transactions increases, the rising complexity poses many challenges for managing and ensuring security in the payment industry.
Sacombank offers cross-border QR code payment service in Cambodia

Sacombank offers cross-border QR code payment service in Cambodia

No longer having to worry about exchanging currency or bringing cash when going to Cambodia for travel or work, Vietnamese people can now make QR code payments via Sacombank Pay app quickly and safely at payment acceptance points in the country.