The rate of mobile payment in Vietnam is estimated at 29.1%, the third-highest in the world, according to Statista Digital Market Outlook.

Vietnam is marching towards becoming a cashless society with new methods of electronic payments being deployed widely, but security risks come hand in hand with new technologies and applications.

VOV.VN - Though Euromonitor International estimates that although e-commerce made up just 3% of the Vietnamese retail market last year, the smallest figure among the major economies of Southeast Asia, the potential for growth remains alluring.