Vietnam to establish legal framework for Mobile Money services - News Summed Up

Vietnam to establish legal framework for Mobile Money services


Mobile Money services see strong adoption in rural areas. As of late September 2025, Vietnam’s Mobile Money services had processed over 290 million transactions, with a total value of approximately 8.511 trillion VND (around 350 million USD). Draft decree on Mobile Money submitted to the governmentOn April 15, 2025, the Vietnamese government issued Resolution No. 87/NQ-CP to extend the pilot implementation of Mobile Money - allowing telecommunications accounts to be used for small-value payments - until December 31, 2025. The SBV was also tasked with drafting a full legal decree on Mobile Money services in coordination with relevant ministries and agencies.


Source: VietNamNet News December 31, 2025 03:31 UTC



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