THE SITUATION AND CASHLESS PAYMENT DEVELOPMENT SOLUTION IN THE TREND OF DIGITAL ECONOMY IN VIETNAM

Authors

  • Nguyễn Thuỳ Linh, Trần Ngọc Anh, Nguyễn Thị Quý

Keywords:

Cashless payment, digital economy, digital economy trend, digitization, SWOT

Abstract

Cashless payment is becoming more and more popular in the world. The role of cashless payment cannot be denied because it meets the indispensable requirements of production and circulation of goods and the requirements of the modern economy. Besides, cashless payment can be widely applied in all classes of population and in many countries. In Vietnam, cashless payment has been receiving the attention of the State, businesses and citizen. Vietnam has made remarkable achievements in the recent years in the development of cashless payments; however, there are still many remaining problems. Currently, our country’s economy is tending to become a digital economy, that is why the development of cashless payments becomes even more important because this will help to promote the digital economy.. This article will clarify the role of cashless payments in the trend of the digital economy in Vietnam, then deeply analyze the situation and give some suggestions, solutions and recommendations to develop the cashless payment services in Vietnam.

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