Vietnam banks required to issue chip cards from March 2021
As of the end of the third quarter, Vietnam has around 93.78 million bank cards in circulation, in which the majority are magnetic cards.
00:03, 2019/12/11
E-payment key to promote Vietnam’s internet economy
Vietnam must grasp opportunities from the internet economy, which is estimated to have a combined value of US$100 billion in Southeast Asia, and is on track to increase by three-fold in the next five years, said a government official.
15:51, 2019/11/07
Vietnam's US$700-million cashless payment network to be operational next year
As of present, just 40% of citizens in Vietnam have bank accounts. However, 90% of daily transactions are conducted in cash, while the rate goes up to 99% for transaction worth under VND100,000 (US$4.34).