News · CafeF

For the First Time in History, Vietnamese Spend Over 1 Quadrillion VND a Day Without Cash

At NAPAS's 2026 Customer Conference for member intermediaries, the organization said Vietnam's digital payment market continues to grow strongly. In the first eight months of 2026, non-cash payments reached over 21 billion transactions worth more than 260 quadrillion VND, up 34.56% in volume and 13.26% in value year on year; average daily value reached 1.05 quadrillion VND, equivalent to US$40 billion. QR payment volume has grown 20 times over the past five years. In the first nine months of 2026, NAPAS processed over 10 billion transactions worth more than 46 quadrillion VND. NAPAS has linked cross-border QR payments with six countries (Thailand, Laos, Cambodia, China, Singapore and South Korea) and is rolling out links with Taiwan (China) and India.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Lần đầu tiên trong lịch sử, người Việt tiêu tới hơn 1 triệu tỷ đồng mỗi ngày mà không cần tiền mặt

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Related tickers and likely impact

ACB

▲ Likely positive

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Relevance: low

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ExchangeHOSE
SectorBanks
Market cap118,991 bn VND
P/E7.6
P/B1.20
Close on 10/23/202621.30
Change that session+3.90%
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BID

▲ Likely positive

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ExchangeHOSE
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P/E8.2
P/B1.39
Close on 10/23/202634.25
Change that session+1.33%
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CTG

▲ Likely positive

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ExchangeHOSE
SectorBanks
Market cap237,280 bn VND
P/E5.9
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Close on 10/23/202630.95
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P/E6.7
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Market cap241,995 bn VND
P/E8.4
P/B1.29
Close on 10/23/202634.20
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Relevance: low

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Market cap470,425 bn VND
P/E11.3
P/B1.92
Close on 10/23/202656.80
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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