The program, with the theme "Cashless Payment for Digital Economy Promotion," seeks to encourage non-cash payment adoption, enable a sustainable cashless ecosystem and contribute to digital transformation in the country.

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Cashless Day 2025, which will run from now to July, is aimed at promoting smart payment solutions and national digital transformation. (Photo: laodong.vn)

The event will run until July with game shows, workshops and shopping promotions.

A highlight is the "Ting Ting Day" festival on Nguyen Hue pedestrian square in District 1 on June 6, showcasing payment technology experiences, mini-games, workshops, and digital transaction security solutions.

The program is expected to draw 50,000 people and over 50 million online transactions.

According to the central bank's payments department, non-cash payments were worth 295.2 quadrillion VND in 2024, or 26 times the country's GDP.

By the end of last year, 86.97% of people aged 15 and above had bank accounts.

In the first quarter of this year, non-cash transactions increased by 44.43% year-on-year.

Nearly 10.4 million mobile-money accounts exist, almost a third in rural, remote and island areas.

As of March, the country had 30.27 million active e-wallets with over 2.8 trillion VND and 47 e-wallet providers.

The event was organized by the State Bank of Vietnam, Tuoi Tre (Youth) newspaper, the Ho Chi Minh City Department of Industry and Trade, and National Payment Corporation of Vietnam.

Source: VNA