14-06-2024 21:08
The total value of cashless payments through Payoo experienced a sharp rise in the first half of 2024, up by 58 per cent over the same period last year.
20-03-2024 11:47
Visa, a global leader in digital payments, on March 19 unveiled insights into Vietnam's payment landscape with its latest Consumer Payment Attitudes (CPA) study, highlighting the surge in cashless transactions and offering a comprehensive overview of the future of retail in the country.
08-03-2024 15:16
Non-cash payment transactions increased by 63.3 per cent in volume and 41.45 per cent in value in January, compared to the same period last year, the State Bank of Vietnam (SBV) has announced.
04-10-2023 11:38
Vietnam is swiftly revolutionising its financial sector by phasing out outdated card technologies, embracing non-cash solutions, and enacting laws to enhance security.
11-09-2023 08:52
The Ministry of Industry and Trade (MoIT) has set a target to increase the cashless payment ratio in e-commerce, especially e-payments through payment intermediaries or applications, to 50 per cent by 2025.
03-07-2023 11:28
The evolution of cashless payments in Vietnam came under the spotlight at a recent conference convened by the Institute for Digital Economy Strategy (IDS) in Ho Chi Minh City. The seminar aimed to analyse the existing legislative landscape, identify barriers to advancement, and propose potential regulatory enhancements to bolster cashless transactions.
31-05-2023 09:08
Vietnam is presenting promising opportunities for cashless payments and boasts a thriving fintech ecosystem, yet the absence of a regulatory sandbox is hindering the full potential of innovative ventures.
23-09-2022 10:54
As Buy Now, Pay Later (BNPL) becomes more popular in the nation, experts have shared their insights into the prospects of this new payment service as a catalyst to the growing cashless payments in Vietnam’s e-commerce market.
20-08-2022 10:00
Cashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers.
23-07-2022 14:16
Telcos are proposing diverse measures to boost the headcount of Mobile Money service users, accelerating the journey to cashless payments across the country.
03-11-2021 16:49
Vietnamese authorities are sticking to their target of moving towards a digitally-led economy by increasing cashless payments for public services, in which the non-cash payment value would be 25 times higher than GDP.
15-09-2021 09:00
While telecommunications firms keep a wait-and-see stance on SMS service charge reductions despite mounting worries from banks. the forthcoming adoption of mobile money from some state-run groups is expected to bridge the gap between urban and rural areas in convenient cashless payments.
08-09-2021 17:59
The Vietnamese government is pushing forward a regulatory sandbox for fintech banking and cashless payments with a view to support the development of the local fintech scene.
17-06-2021 10:26
Visa, the world’s leader in digital payments, is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
03-05-2021 08:00
Visa, the world’s leader in digital payments, has released its Consumer Payment Attitudes study in Vietnam that sheds light on how behaviour has changed during the COVID-19 pandemic towards a cashless economy. Dang Tuyet Dung, Visa country manager for Vietnam and Laos shared with VIR’s Thanh Van her insight into the report and the fast-paced change in Vietnam’s digital payment landscape.