Since its launch in March 2022, the eTax Mobile application has recorded more than 13 million downloads and processed over 17.2 million transactions, with more than VND26.5 trillion or US$1.1 billion paid into the state budget.
Vietnam’s real estate M&A market is bouncing back strongly this year after a long, quiet spell. With legal hurdles cleared, global capital flowing in, and major corporate shake-ups happening, the stage is set for a surge of big deals.
Starting January 1, 2026, domestic banks will no longer accept passports as valid identification for Vietnamese citizens in any transactions, including payments, cash withdrawals, or card services, according to circulars issued by the State Bank of Vietnam.
Nearly 18 billion cashless transactions were recorded in the first nine months of 2025, with total value surpassing VND260 quadrillion (nearly US$10 billion), according to the State Bank of Vietnam (SBV)’s Payment Department.
VOV.VN - Vietnam’s mergers and acquisitions (M&A) market recorded 52 transactions in October, with a total estimated value of around US$720.45 million, according to Grant Thornton, a leading global independent assurance, tax, and advisory firm headquartered in London.
Digital payments in Vietnam have continued to expand rapidly, with QR code transactions soaring by more than 150% in value, according to a report released by the State Bank of Vietnam (SBV) on October 29.
The Government’s Resolution No.05/2025/NQ-CP on the pilot implementation of the cryptocurrency market in Vietnam, issued and effective from September 9, 2025, serves as a foundation for the establishment of the domestic cryptocurrency market.
The State Bank of Vietnam (SBV) announced that it has cleaned up 154 million bank accounts and flagged nearly 300,000 customers for suspected fraud, blocking transactions worth a combined VND1.5 trillion (US$56.9 million).
The organising committee of Vietnam Card Day 2025 on September 26 announced the launch of this year’s event under the theme 'One Touch – Million Trusts', highlighting the country’s progress in digital payments and the banking sector’s commitment to building public confidence in cashless transactions.
To facilitate administrative procedures and digital transactions for foreigners residing and working in the locality, police in the central province of Khanh Hoa are actively implementing a 50-day campaign to issue level-2 digital ID accounts, following a nationwide direction from the Ministry of Public Security.