Currently, the country has 50 payment intermediaries, including 48 organizations providing e-wallet services.

The e-wallet market is expected to face fierce competitive pressures in the upcoming time.

Vietnamese tech unicorn VNG has filed for an initial public offering (IPO) on the NASDAQ Global Select market

The Vietnamese market is witnessing fierce competition from more than 40 e-wallets and is considered to be in a booming phase

As of 09.05.2022, there were 48 non-banking organizations licensed to provide payment intermediary services, 90 thousand QR payment points

The rate of use of e-wallets in Vietnam in 2020 is nearly 20%, which means about 80% of people still use cash for transactions in daily life