Vietnamese small businesses experienced a successful 2024, with 82% reporting growth, up from 77% in 2023 - the country’s highest result since 2019, according to annual small business survey of CPA Australia - one of the largest professional accounting bodies in the world.

The fourth Vietnam Card Day 2024 is set to take place in Hanoi between October 5 and 6 with the theme Open Banking, aiming to reach students and young people aged 15 to 40 who require convenient digital payment solutions and online transaction options.

Vietnam's digital payment ecosystem is undergoing a remarkable transformation, driven by a tech-savvy population, government initiatives, and innovative financial solutions, according to finextra.com, a leading UK newswire and information source for worldwide financial technology.

Visa, a global leader in digital payments, has provided its insights into Vietnam’s payment landscape with its latest Consumer Payment Attitudes study that highlights the surge in cashless transactions among Vietnamese consumers.

Some 62% of women-led small and medium-sized enterprises and micro-businesses reported increased revenue after adopting digital payments, according to a recent study on small and medium-sized businesses (SMBs) in Vietnam released by Visa, a global leader in digital payments.

Commercial banks in Vietnam have invested a total of VND15 trillion (US$629.7 million) in digital transformation, heard an online seminar on ensuring security and safety for e-payments in the digital era held on August 21.

VOV.VN - Popular mobile payment service Apple Pay officially debuted in Vietnam on August 8.

Samsung Vina Electronics signed a memorandum of understanding (MoU) with Shinhan Bank Vietnam to establish a strategic relationship between Samsung Wallet and financial products from Shinhan Bank on June 14.

Vietnam remains an attractive market for retailers as local consumers remain optimistic about the economic challenges and are driving premium purchases.

In Vietnam, business-to-business (B2B)-focused fintech presents new revenue and growth streams for enterprises of all sizes, experts said.