State Bank of Vietnam launches financial inclusion strategy centered on cashless payments
1 report, 1 independent
Updated Oct 6
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What happened
The Deputy Governor of the State Bank of Vietnam announced a new National Financial Inclusion Strategy for the 2026-2030 period. The strategy identifies cashless payments as a key driver for financial inclusion in Vietnam. Goals include ensuring 95 per cent of the population aged 15 and older has a transaction account, and increasing non-cash payments to 30 times the GDP.
From vietnamnews.vn
Why it matters
The strategy links the growth of non-cash payments directly to national financial inclusion goals. This requires expanding access to financial services, such as credit and insurance, particularly in rural, remote, and isolated areas of Vietnam.
From vietnamnews.vn
Who's involved
- State Bank of VietnamCentral bank driving the new national financial inclusion strategy
- VietnamCountry where the financial inclusion strategy is being implemented
Keep exploring
The entities involved
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State Bank of Vietnam
central bank
Related events
- Phạm Đức Ấn serves as the Governor of the State Bank of Vietnam.
- The State Bank of Vietnam has issued new banking regulations for the country.
- Phạm Thanh Hà and Nguyễn Xuân Bắc were appointed to key roles within the State Bank of Vietnam.
- Government seeks foreign financing to fund infrastructure projects.
- The State Bank of Vietnam implements credit allocation principles as directed by the government.