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Việt Nam launches cross-border QR code payment connectivity with China
Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.
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Visa partners with banks to launch Visa Accept
Visa, the world’s leader in digital payments, has partnered with Sacombank, Vietcombank and VPBank to launch Visa Accept in Việt Nam, allowing micro and small businesses to accept contactless Visa payments directly on NFC-enabled smartphones, without requiring any additional hardware.
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Shinhan Bank Collaborates with Visa to Launch Global Trade Payment Platform (GTPP)
Ho Chi Minh City, on 17 November 2025 – Shinhan Bank Vietnam Limited (“Shinhan Bank”) collaborated with Visa to launch Global Trade Payment Platform (“GTPP”) that assists enterprises to make cross-border payment by Shinhan cards quickly, safely and effectively. This is the first time that GTPP is launched by Visa in Vietnam’s market and Shinhan Bank is the first foreign bank in Vietnam supporting this GTPP.
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Cashless payment: Digital transformation drives strong growth
According to the Payment Department of the State Bank of Vietnam (SBV), cashless payment (CLP) transactions have maintained impressive growth momentum, particularly those conducted via QR codes. Meanwhile, cash withdrawals through ATMs have declined significantly, reflecting a clear shift in consumer behavior toward digital payment methods.
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Wave of digital payments surges at Sóng Festival 2025
The two-day festival, part of the fifth Vietnam Card Day campaign, is designed for young people to experience digital payments and technology, with all transactions fully cashless.
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NAPAS, MASTERCARD, PAYOO sponsor free cancer screenings, HPV tests to vulnerable women
Through the free screening activities, they can acknowledge their health situation and take additional tests if needed.
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Vietnam sees opportunities to diversify cross-border payment channels
Experts emphasised that the diversification of cross-border payment channels, especially blockchain and stablecoins, offers Vietnam an opportunity to improve transparency and efficiency.
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15 Years of the Risk Management Subcommittee – Card Working Committee: Safeguarding a Safer and More Sustainable Payment Ecosystem
Hue, September 26–27, 2025 — The Card Working Committee under the Vietnam Banks’ Association (VNBA) held a ceremony in Hue to mark the 15th anniversary of the Risk Management Subcommittee (2010–2025), in conjunction with its 2025 Annual Conference themed “Bank Card Security – Risk Management in the Digital Era: Towards a Safe and Sustainable Payment Ecosystem.”
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Vietnamese banks block 300,000 suspicious transactions worth $57mn in fraud crackdown
Vietnamese banks have blocked nearly 300,000 money transfers flagged as potentially fraudulent, worth about VND1.5 trillion (US$57 million), said the State Bank of Vietnam (SBV).
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Completing the cross-border QR code payment Handbook
On July 23, 2025 in Hanoi, Vietnam Banks Association (VNBA) held an important meeting to complete the draft Handbook on providing, operating and using cross-border QR Code payment services. The meeting was chaired by Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of VNBA, with the participation of representatives of many credit institutions. This is an important step in building a clear and practical legal and technical framework to promote international electronic payment in Vietnam.
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More than 86 million bank accounts to be terminated from September 1
The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.
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Shinhan Bank: Modified Terms & Conditions for consumer credit card and debit card
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) would like to express our sincere thanks for your having trusted and used our Card products during the last time.
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TCB, Mobifone and One Mount Group establish digital payment company
Mobifone, Techcombank and One Mount Group recently contributed capital to establish a digital payment company with a capital of 300 billion VND.
