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flag Vietnam's cashless payments surged to 28 times its GDP in 2025, driven by rising digital adoption.

flag In 2025, Vietnam's cashless payments totaled about 28 times its GDP, a 22.65% increase in value and 42.21% rise in transaction volume from 2024, according to the State Bank of Vietnam. flag Over 232 million individual payment accounts were active by year-end, up 13.68% from 2024, with digital payments widely used in urban higher education institutions for tuition. flag Vietnam’s GDP reached over 12.8 quadrillion Vietnamese dong, or roughly $514 billion.

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