Happy Vietnam (VNA)

Vietnam–Singapore QR payment link expands ASEAN’s digital economy infrastructure

According to the Vietnam National Authority of Tourism, the country welcomed around 10.6 million international visitors in the first five months of 2026, up nearly 15% year on year and the highest figure recorded in many years. Singapore remained one of Vietnam’s fastest-growing source markets during the period.

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.

Cashless payment navigates Vietnam’s hospitals

From the cash-only days, plenty of hospitals have made a fast switch to modern payment options like QR code scans, bank cards, e-wallets, and payments straight through healthcare apps.