![[Report] Vietnam Mobile Payment Market Outlook 2020 | Role Market Research](https://vietnam.int-obs.com/wp-content/uploads/2020/06/vietnam-mobile-payment-market1.jpg "[Report] Vietnam Mobile Payment Market Outlook 2020 | Role Market Research")
Changes in customer preference from cash to digital payments, surge in need for immediate transactions in Vietnam, increased penetration of internet and smartphones, and growth of the e-commerce industry majorly contribute towards the growth of the market. However, data breaches & security concerns are expected to hamper the Vietnam mobile payment market growth.
The Vietnam mobile payment market was valued at $16,054 million in 2016, and is projected to reach at $70,937 million by 2025, growing at a CAGR of 18.2% from 2018 to 2025.
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