In line with the national e-commerce development plan, the Ministry of Industry and Trade has established ambitious objectives for non-cash payments in e-commerce activities. The ministry announced that by 2025, it aims to boost the cashless payment ratio in e-commerce by 50%, particularly focusing on e-payments facilitated by payment intermediaries or apps.
The government’s objective is to boost the use of digital payments within the nation through initiatives like the National Digital Transformation Programme and the State Bank of Vietnam’s strategy for the banking sector.
