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nid 92958
Jun 04, 2026
pthandapani@vixio.com
Vietnam
The State Bank Of Vietnam
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1452 charsVietnam's State Bank Seeks Comments on Draft Decree Amending Cashless Payment Regulations
On June 3, 2026, the State Bank of Vietnam (SBV) launched a public consultation on a draft decree to amend and supplement Decree 52/2024/NĐ-CP dated May 15, 2024, which governs cashless payment operations in Vietnam.
The draft decree proposes modifications to the existing cashless payment framework established under the 2024 decree. The SBV is seeking input from relevant organisations, financial institutions, payment service providers, and other stakeholders on the proposed amendments. The consultation aims to gather comprehensive feedback before the SBV finalises the regulatory text for submission to the government.
The draft decree and accompanying documentation, including a comparison table and explanatory notes, are available for review. Key areas under consideration include adjustments to payment system requirements, service provider obligations, and operational procedures for cashless transactions. The amendments reflect ongoing efforts to enhance Vietnam's payment infrastructure and align regulations with evolving market practices and technological developments in the financial services sector.
Interested parties can submit comments and feedback to the SBV's Payment Regime and Consolidation Division, Payment Department, at cdttth_vtt@sbv.gov.vn or by telephone at 024.39392214. The SBV will consolidate all received comments and publish a summary of feedback, responses, and explanations following the consultation period.
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1113 charsState Bank of Vietnam Seeks Comments on Draft Decree Amending Cashless Payment Regulations
The State Bank of Vietnam (SBV) is seeking feedback on proposed amendments to its decree regulating cashless payments.
The proposed amendments contain:
New definitions for e-wallet services, payment systems, and international payment systems.
Regulations prescribing the operational conditions for foreign organizations providing payment and intermediary payment services to non-residents and foreign residents in Vietnam.
Specific rules for managing payment accounts that have not generated any transactions for three years or more.
New IT security, operational, and personnel requirements for public postal service enterprises providing payment services without customer payment accounts.
Provisions outlining the minimum charter capital, personnel qualifications, and IT security standards for intermediary payment service providers.
Administrative amendments imposing comprehensive procedures and documentation requirements for granting, amending, and revoking licenses for intermediary payment services.
The SBV has not provided a closing date for the consultation or a preferred method for feedback.