Vietnam targets cashless payment value reaching 30 times GDP by 2030
Vietnam targets that by 2030, 95% of people aged 15 and above will have bank transaction accounts, while the value of cashless payments will reach 30 times GDP.
Banking sector accelerates digital shift, cashless payments surge
According to the State Bank of Vietnam (SBV), non-cash payments recorded strong growth in the first quarter of 2026, with transactions rising 37.98% in volume and 14.22% in value year-on-year, reflecting a clear shift toward digital payments.