The 2025 cashless payment value in Vietnam was estimated at about 28 times the country’s GDP, far exceeding Government targets, according to a report released by the State Bank of Vietnam (SBV) on February 2.

The trend of electronic and non-cash payments in the Vietnamese economy in 2023 continued to record growth of 52.35% in volume over the same period last year.

Cashless payments are developing rapidly in Vietnam, especially after the COVID-19 pandemic, with transactions via banks averaging US$40 billion per day, according to Pham Anh Tuan, Director of the State Bank of Vietnam (SBV)’s Payment Department.

VOV.VN - The digital transformation day of the banking sector is set to be held on May 18, the State Bank of Vietnam (SBV) announced at a press conference held on May 11 in Hanoi.

Deputy Minister of Culture, Sports and Tourism Doan Van Viet together with other tourism senior officials in ASEAN countries attended the 26th Meeting of ASEAN Tourism Ministers (M-ATM) that opened on February 4 in Yogyakarta, Indonesia.

People will be able to withdraw cash from ATMs by scanning their chip-based ID cards under a new pilot service provided by the Ministry of Public Security. ​

The prolonged COVID-19 pandemic has unexpectedly created "golden" conditions for the financial industry to accelerate digital transformation and shift to cashless payments.

The Youth Social Work Centre under the Vietnam Youth Federation on August 23 launched a call centre supporting COVID-19 prevention and control (1900 638 090) with multi-functions: Community emergency, Home hospital, Patient treatment medicine bag, Oxygen ATM, Relief food and Free burial.

VOV.VN - The lesson of solidarity taken from the August Revolution in 1945 has always served as a light shining the way for the Vietnamese people, with this being particularly true now when the whole country is united in determination to push back the COVID-19 pandemic.

Vietnam will come out victorious in the battle against COVID-19 with compassion and unity, Aaron Johnson, an American freelance filmmaker and Youtuber who has resided in Vietnam since 2013, told the Vietnam News Agency.