Digital Economy in Vietnam: Building the Foundations for Future Growth

Those who love Vietnamese street foods, like me, can now try out the experience of going cashless at some of the authentic local places like those on Nguyen Huu Huan Street in Hanoi.

You can get an egg coffee and pay with your smartphone. In the past year, consumers in Hanoi have gone cashless, and even cardless – meaning that sometimes you don’t even need conventional bank cards. Bills can be settled using e-wallet apps or by scanning QR codes.

Hundreds of thousands of small merchants across the country have joined the network of major fintech companies looking to capture Vietnam’s growing market of tech-savvy consumers. Read more


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