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 - Thanh Hoa FC is facing significant challenges after the world’s football governing body FIFA imposed a ban preventing the club from registering new players for three consecutive transfer windows.

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.

VOV.VN - From October 16, 2025 to January 15, 2026, customers who pay via VNPAY-QR using PVcomBank credit cards are receiving 20% cashback on their transaction value.

Digital payments are emerging as one of the most dynamic drivers of Vietnam’s economy, with the value of cashless transactions soaring to 26 times the country’s GDP and QR payments growing by more than 81% in the first quarter of 2025.

As a dynamic economy, Vietnam has opportunities to capitalise on blockchain, stablecoin, and sandbox to promote cross-border payments, contributing to its competitiveness and financial integration into the world, according to experts.

VOV.VN - The Board of Directors of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has announced the schedule and details for its 2024 cash dividend payment.

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.

VOV.VN - Vietnamese travelers visiting six Asian countries – China, Singapore, Japan, the Republic of Korea, Malaysia, and Indonesia – can now make payments easily with the Zalopay app, without the need to exchange foreign currency or open an international credit card.