Vietnam: bank card transaction number by quarter 2023

In the first quarter of 2023, the number of domestic transactions via bank cards in Vietnam reached over 189 million. In the same period, the value of these transactions amounted to approximately 453 trillion Vietnamese dong in the country. Previously one of the most cash-dependent countries in Southeast Asia, Vietnam has seen substantial growth in cashless payment usage among its population in recent years.

Number of domestic transactions using bank cards in Vietnam from 1st quarter 2019 to 1st quarter 2023 (in millions)

Characteristic	Number of transactions in millions
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Release date

November 2023

More information

Region

Vietnam

Survey time period

Q1 2019 to Q1 2023

Supplementary notes

According to the source, the volume and value of domestic card payment transactions reported by issuing bank excluded:
(i) international transactions, card payment transactions initiated by oversea issuing banks;
(ii) deposits, withdrawals or transfers from whom senders and receivers are the same; and
(iii) repayments between credit institutions and their customers (i.e, loans, principal/interest payments, fees,..).

Figures have been rounded.

One thousand Vietnamese dong equals 0.041 U.S. dollars and 0.038 euros as of November 2023.

The source did not provide a date of publication. The date used here is the update date.

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