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).
The State Bank of Vietnam is holding a two-day conference in Hà Nội to boost adoption of ISO 20022 standards in the interbank electronic payment system under an ADB-funded project supporting inclusive finance and climate initiatives.
QR Code payments lead growth with an increase by 61.6 per cent in volume and 150.7 per cent in value, underscoring the rapid shift toward fast and convenient digital payment methods.
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.
Major supermarket systems and retail chains such as Winmart, BRG, Central Retail, Aeon, Lotte, Co.opmart, MediaMart and Pico will join the campaign, offering discounts of up to 50 per cent on a wide range of products.
Sacombank is participating in “Cashless Day 2025” as a silver sponsor, reaffirming its commitment to fostering digital payment adoption and a cashless economy.
The Ministry of Industry and Trade will launch the “Digital Transformation for Traditional Market Vendors” programme on June 14 during the “Cashless Payment: Driving Force of the Digital Economy” seminar.
Airwallex, a leading global payment and financial platform for growing businesses, will acquire CTIN Pay, an intermediary payment service company licensed in Việt Nam.
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.
The 2024 Cashless Day Festival opened at the Nguyễn Huệ pedestrian plaza in HCM City with a wide range of cashless payment solutions and promotions for shoppers.