1. The methods of payment in Vietnam:In the long time, cash payment is a popular method payment in Vietnam. It has become the habit of the Vietnam. However, as the economy grows, this payment method is increasingly revealed many weaknesses. There are two reason payment by cash need to change by the other ways in Vietnam.Firstly, bringing along a lot of cash when you go outside is very dangerous, because of the insecure, vulnerable to burglary, robbery and cash vulnerable under the impact of the environment can be torn, ragged, etc.Secondly, transactions payment in cash made to throw out a major cost in the printing, shipping, tally, and payment.Now, non-cash payment is a world trends and practices in Vietnam. There are some non-cash payment methods in Vietnam: internet banking, mobile banking, electronic wallet, etc.2. Quote:According to the of the State Bank of Vietnam, the rate of cash use of liquidity tend to decrease from 20,3% in 2004, down to 14% in 2010 and these are still reduce about 12%.On 27th December 2011, The Prime Minister approved the project to promote non-cash payment in Vietnam the period 2011-2015. (6)Implementation of the objectives of the Master Plan for development of e-commerce phase 2011-2015 has been approved by the Prime Minister in decision 1073/ QĐ-TTg on dated 7 December 2010. (7)
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