non-cash payment Archives

Some new regulations on non-cash payment

09/08/2024

On May 15, 2024, the Government issued Decree 52/2024/ND-CP regulating non-cash payment (Decree 52), replacing Decree 101/2012/ND-CP, which was amended and supplemented by Decree 80/2016/ND-CP and Article 3, Decree 16/2019/ND-CP. Decree 52 takes effect from July 1, 2024.

Thematic Report on Facilitation of Non-cash Payment to Support the Increase of DBI and Business Environment Improvement

05/07/2021

In Viet Nam, the current legal and policy frameworks related to non-cash payment are still in the stage of experimenting and completing. The researches on good practices of some countries regarding non-cash payment applications in (i) Starting a business, (ii) Dealing with construction permits, (iii) Getting electricity, (iv) Registering property, (v) Paying taxes, and (vi) Enforcing contracts show that reforms on non-cash payment applications are often associated with reforms on electronification of administrative procedures in general.