As many as 1.1 million people have so far used Mobile Money service, including nearly 660,000 in rural, mountainous, remote, border and island areas.

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 - The Vietnam Posts and Telecommunications Group (VNPT) has grabbed five gold, four silver, and three bronze awards at the Information Technology (IT) World Awards 2022.

Techcombank has received eight awards from the global payments company Visa for its achievements in 2021.

The Vietnam National Petroleum Group (Petrolimex) cooperated with the global digital payment company Visa to launch contactless payment services at the former’s petrol stations across the country on May 31.

VOV.VN - Leaders of US economic and financial groups such as Kohlberg Kravis Roberts (KKR), VISA, Citigroup, and Standard & Poor’s all hailed Vietnam’s development potential during separate meetings with visiting Vietnamese Prime Minister Pham Minh Chinh.

The launch of e-tax was expected to facilitate tax declaration and tax payment, but some firms are still finding it difficult to fulfil their financial duties via the online portal.

VOV.VN - Vietnam has emerged as an attractive destination for local and international investors in e-payment, e-commerce and online gaming services even during the COVID-19 pandemic, according to the Ministry of Investment and Planning.

The banking sector hopes that by 2025, the volume of mobile payment transactions will grow by 50 - 80% while transaction value will surge 80 - 100% annually.

Experts have recommended Vietnam work to expand the coverage of social insurance and limit the number of people claiming lump-sum payments.