Vietnam's Cashless Revolution Gains Momentum, Visa Study Finds
Mobile wallets, real-time payments, and Buy Now Pay Later options are transforming Vietnam's retail sector.
Topic: Visa
Local consumers continue to embrace digital payments
Digital payments are growing in popularity among consumers in Vietnam, with wider use of online cards, mobile wallets, and QR payments last year compared to 2021, a Visa study has found.
Visa renews partnership with HCMC transport department
Renewal expected to develop modern public transit systems.
Visa adds Google Wallet capabilities in Vietnam
Efforts to restore international tourist numbers
Vietnam welcomed 71.8 million visitors in the first seven months of 2022, exceeding the annual target. There were only 954,600 international arrivals, however, or just 15 per cent of the targeted 5 million for the year. One solution to increase international tourist numbers is to apply multiple entry and exit visas valid for 30 days, instead of 15 days as currently.