Traders at Ha Long 1 and Ha Long 2 markets in the northern coastal province of Quang Ninh are now able to go cashless as they can use digital payment services in a 4.0 market model introduced in early July.
The Hanoi Department of Industry and Trade held a cashless payment event on July 21 with a view to helping fuel e-commerce, technology application and digital transformation.
Traders at wet markets in the central city of Da Nang are now able to go cashless as they can use e-wallet mobile app Viettel Money under a 4.0 wet market model introduced on April 8.
With a few clicks on an e-wallet platform installed on her mobile phone, Do Nhu Hoa, a 38-year-old office worker in Hanoi, can easily pay for her electricity and water bills.
A video conference has been held between the Vietnam E-commerce and Digital Economy Agency (IDEA)’s Centre of Information and Digital Technology (CID) and global payment technology company VISA to discuss cashless payment solutions for small and medium enterprises (SMEs).
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.
The VnEconomy magazine under the Vietnam Economic Association hosted a ceremony in Hanoi on December 12 to honour top 100 excellent products and services which are trusted and used by consumers.
Over the past years, the Vietnamese Government has kept promoting non-cash payment with domestic or international credit cards and debit cards such as Mastercard, and launched e-wallet models.
“Vietnam Card Day 2020”, the first of its kind, was officially launched on in Hanoi on October 29 with an aim to promote non-cash payments in the country.
Promoting non-cash payment, digital banking, and green banking is the direction of the banking sector in the 2020-2025 tenure, State Bank Governor Le Minh Hung told a meeting in Hanoi on August 17.
Non-cash payments continue to boom in Vietnam this year as the country has seen a surge in banking transactions and mobile payments in the first four months of the year, according to an official from the State Bank of Vietnam (SBV).
Telecommunications firms are turning towards developing their own digital content, the Vietnam Telecommunications Authority (VNTA) under the Ministry of Information and Communications has said.
The Prime Minister has approved a project on accelerating the supply of level-four online services in the field of insurance and other public services based on data sharing between the Vietnam Social Security and related sectors.
Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.
E-wallet firm MoMo launched a cashback programme on November 3 with value of up to 100,000 VND (4.30 USD) per transaction and for four transactions daily at most.
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