The Government’s policy of promoting cashless payment has triggered the spread of online payments in Việt Nam as well as the race of new technologies, contributing to boosting the digital economy.
The National Payment Corporation of Việt Nam (NAPAS) in co-ordination with the Việt Nam Bank for Social Policies (VBSP) has launched NAPAS 247 Quick Transfer and NAPAS 247 Quick Transfer via VietQR Code on the bank’s mobile banking app (VBSP...
The State Bank of Viet Nam (SBV) has requested banks, branches of foreign banks, and providers of intermediary payment services to take steps to continue promoting cashless payment and the implementation of the national digital transformation programme.
A series of events and activities will be held under the 2023 Cashless Day to promote the adoption of non-cash payment and contribute to achieving the Government’s plans to drive Viet Nam towards a cashless society.
The central city and the military-owned telecommunications group Viettel has begun launching 5,000 cashless payment sites and 500 digital signature sites in Hai Chau District as part of the first stage of ‘smart city’ development in 2023.
The People''s Committee of Binh Dương Province’s Dau Tieng District plans to establish a pilot project that uses cashless payments at traditional markets, grocery stores and other businesses.
Cashless payments are expanding rapidly in Ha Noi, driven by the booming e-commerce industry, but experts say more can be done to increase digital spending.
Việt Nam will continue to implement new technologies and policies in its bid to become a cashless country, said banking experts and policymakers in a conference on Friday discussing the current situation of cashless technology in the country.
Nguyen Anh Duc, general director of Saigon Co.op, said the rate of cashless payment at its system, including Co.opmart, Co.opXtra, Co.op Food, and Co.op Smile, has increased sharply since last year from 3-5 per cent to nearly 21 per cent...
Non-cash payments have increased sharply in recent time in Việt Nam, but more efforts are needed to increase their rate, a conference heard in HCM City last week.
An Binh Commercial Joint Stock Bank (ABBANK) has launched the "Cashless payment - Instant cash back" promotion programme for its Visa contactless cardholders.