On April 6, a press conference was held in Hanoi to announce the 2nd Vietnam Card Day event (2022). Tien Phong Newspaper and Vietnam National Payment Joint Stock Company (Napas) are collaborating on this initiative, which is overseen by the State Bank.
The COVID-19 pandemic from 2020 to 2022 has changed consumption habits, especially the trend of non-cash payment transactions; online payment application (online) to the throne.
With the theme “Confidently paving the way” to contribute to the implementation of digital transformation as a major policy of the State, “The 2nd Vietnam Card Day” aims to achieve such goals as: Implement Directive 02-CT/NHNN on the digital transformation in the banking industry, in order to realize the national digital transformation goals by 2025, develop the digital economy; update digital applications in credit – payment services; propaganda about the benefits of card payment, non-cash payment; promote non-cash payment, payment via card, bank account; communication about the trend of contactless payment (contactless), QR code, NFC technology, eKYC technology…
TPO – Mr. Le Anh Dung, Deputy Director General in charge of Payment Department of the State Bank said: ”Vietnam Card Day 2022 is a series of events and communication activities associated with the policy of promoting non-cash payment of the Government and the State Bank. The event will build a bridge and motivate Vietnamese young people, particularly Generation Z, who are tech-savvy with a dynamic digital lifestyle and high personalisation desires, to comprehend and understand new payment technologies.
“Through the program, the Organizing Committee hopes to create a bridge for young consumers to access and experience contemporary ways of payment and new technologies. At the same time, it is also a place to help commercial banks and payment intermediaries approach and introduce modern banking and financial services to young customers. Also from here, young people approach and find their own creative ways, energize and contribute to the overall development of the country’s economy.” said journalist Le Xuan Son, Editor-in-Chief of Tien Phong newspaper, during the press conference.
As a co-organizer, Mr. Nguyen Quang Hung – Chairman of NAPAS said: Following the increasing momentum of the previous two years, payment activity through NAPAS’s network climbed by 89% in terms of transactions and 123% in value in the first quarter of 2022 compared to the first quarter of 2021. In the first quarter of 2022, cash withdrawal transactions by ATM decreased (-9.6%) in quantity and (-8.8%) in transaction value as compared to the same period in 2021. This demonstrates a major change in payment trends toward electronic ways of replacing cash.
The 2nd Vietnam Card Day helps to the implementation of the Government’s Project on Non-Cash Payment Development in the period 2021-2025. NAPAS will launch payment solutions and services for young people in collaboration with banks and technology partners. The Organizing Committee, in particular, has provided 10,000 presents for young people attending the program to personally experience innovative modes of payment such as: payment by VietQR; contactless card at the Wave Festival event.”
The 2nd Card Day with the highlight event is FESTIVAL Wave (Bach Khoa Stadium – Hanoi from April 16-17, 2022) with the participation of more than 20 financial institutions and banks as sponsors. sponsor; and more than 100 businesses are booth partners in the fields of technology, education, fashion, and food for young people.
At the press conference, the Organizing Committee announced that the amount of 200 million dong extracted from the event’s budget would be donated to a school in need. Previously, the first Vietnam Card Day (2020) donated 100 million VND and many gifts from participating units to Lien Thuy – Le Thuy – Quang Binh Inter-Secondary School to repair 20 rooms. study, adding bookshelves to the school library.
The 2nd Vietnam Card Day with the participation of: NTT Diamond: Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank); Gold NTT: Bank for Agriculture and Rural Development of Vietnam (Agribank) – Military Commercial Joint Stock Bank (MB); Silver NTT: Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV); Tien Phong Commercial Joint Stock Bank (TPBank); Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank); MasterCard (MasterCard); CIMB Bank Vietnam Limited (CIMB Bank); Securities SSI Stock Company (SSI). NTT Dong: Vietnam Public Commercial Joint Stock Bank (PVcomBank); Vietnam Technological and Commercial Joint Stock Bank (Techcombank); Vietnam Prosperity Joint Stock Commercial Bank (VPBank); Orient Commercial Joint Stock Bank (OCB); Nam A Bank (Nam A Bank); Viet Capital Bank (Viet Capital Bank); Woori Bank Vietnam Limited (Woori Bank); Timo Vietnam Joint Stock Company (Timo Digital Bank); NTT Dong Hanh: An Binh Commercial Joint Stock Bank (ABBANK); Kien Long Commercial Joint Stock Bank (KienlongBank); Technology partner: FPT Telecom Joint Stock Company (FPT Telecom); Trade Partner: CITIGO Software Company (KiotViet); Medical partner: Viet Duc Pharmaceutical Joint Stock Company (Viet Duc Pharmaceutical)
Sources: tienphong.vn, baochinhphu.vn
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