Accordingly, Vietnam will accelerate the development of non-cash payments, optimizing the ATM and POS network. The percentage of cash among all means of payment is set to fall below 10 percent by late 2020 and 8 percent by late 2025.
In the next two years, local banks will continue the restructuring process, dealing with bad debts and weak banks to make sure the bad debt ratio stays under 3 percent.
