Mastercard presented an overview of Vietnam’s remarkable transition toward digital payments, while highlighting a series of innovative initiatives that promote more modern, safe, and seamless cashless spending behaviours at the recent '“Cashless Day 2025' conference.

VOV.VN - Ting Ting Day 2025 officially kicked off at Nguyen Hue Walking Street, Ho Chi Minh City, marking the start of a series of activities under the Cashless Day 2025 programme.

With emerging technologies such as AI and blockchain, Vietnam has the ability to leverage data connectivity to create ‘an integrated payment ecosystem’ to promote cashless payments, experts said at a recent meeting in HCM City.

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 State Bank of Vietnam (SBV) and Tuoi Tre (Youth) newspaper held a press conference on May 26 in Ho Chi Minh City announcing the fourth edition of Cashless Day 2023, an initiative aimed at promoting non-cash payments in Vietnam.

In the context of the extensive digitalisation of services and multidimensional impacts of COVID-19, the behavior and expectation of Vietnamese consumers have changed, turning digital payment into an evitable trend of the economy and their priority.

VOV.VN - Hanoi played host to Cashless Day 2021 on November 5 as part of efforts to stimulate consumption and change residents’ habit of using cash in daily transactions.

VOV.VN - Local airline Vietjet Air is to launch an array of discounts for flights across Vietnam on June 16 in response to Cashless Day.

A host of events and activities will be held virtually on Cashless Day 2021 (June 16) to raise public awareness of non-cash payment and contribute to achieving goals set by the national financial inclusion strategy by 2025, with a vision towards 2030.