The Government of Vietnam is expanding cross-border QR payment connectivity as usage grows across tourism, retail and cross-border trade. In the first eight months of 2026, cashless payment transactions increased 34.56 per cent in volume and 13.26 per cent in value year-on-year. QR payments alone reached 311 million transactions worth USD10.6 billion, with transaction volume increasing 6.66 per cent and value rising 25.85 per cent.
The State Bank of Vietnam has established bilateral QR payment links with Thailand, Laos, Cambodia, China, South Korea and Singapore, while further expanding connectivity with other markets. During the first eight months of 2026, transactions by visitors from Thailand, Laos and Cambodia increased eightfold in volume and sixfold in value, while Vietnamese users transacting in the three markets recorded fivefold growth in volume and fourfold growth in value. Connectivity with China has also expanded through NAPAS integrations with UPI, Alipay and Weixin Pay.