Vietnam
VN
Regulator
State Bank of VietnamRegimes
1
State Bank of Vietnam
Companies
8
8 active licences
Passporting in
0
0 home states
Activities
2
/ 25
REGIMES IN THIS JURISDICTION
click a tier for its sourceREGIME · STATUTEACTSMIN CAPITALTIMELINEAPPLICATION FEE
Intermediary Payment Services Licence / Vietnam / Decree 52/2024Decree No. 52/2024/ND-CP on non-c… · State Bank of Vietnam
Execute payment transactions (direct debits, card payments, credit transfers), Issue electronic money2/25 · 8 holders
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→Licences issued here
8 activeSource: State Bank of Vietnam’s public register, read 1 Sep 2026
| Company | Regulator | Licence | Covers | Granted |
|---|---|---|---|---|
| Công ty Cổ phần Dịch vụ Di động trực tuyến (M_SERVICE) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 16 Oct 2015 |
| Công ty Cổ phần Dịch vụ trực tuyến Cộng đồng Việt (VIET UNION) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 23 Nov 2015 |
| Công ty Cổ phần Giải pháp thanh toán Việt Nam (VNPAY) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 02 Oct 2015 |
| Công ty Cổ phần ShopeePay (ShopeePay) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 03 Jul 2020 |
| Công ty Cổ phần Thanh toán Quốc gia Việt Nam (NAPAS) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 08 Sep 2015 |
| Công ty Cổ phần True Money Việt Nam (True Money Vietnam) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 15 May 2017 |
| Công ty Cổ phần ZION (ZION) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 18 Jan 2016 |
| Công ty TNHH Ví FPT (FPT WALLET) | State Bank of Vietnam | Intermediary Payment Services Licence | PaymentsE-money | 08 Apr 2016 |
INBOUND PASSPORTING — REGIMES ELSEWHERE THAT REACH THIS MARKET
HOME REGIMENo inbound passporting reaches this jurisdiction.
ACTIVITIES PERMITTED IN THIS JURISDICTION
2Execute payment transactions (direct debits, card payments, credit transfers)Conferred by Intermediary Payment Services Licence / Vietnam / Decree 52/2024 (for consumer, sme, corporate, via-intermediary)
Issue electronic moneyConferred by Intermediary Payment Services Licence / Vietnam / Decree 52/2024 (for consumer, sme, via-intermediary)
PRODUCTS AVAILABLE HERE
0PRODUCTCLIENT TYPESTATUSMISSING ACTIVITIES
Card issuingconsumer · SME · corporate · via intermediarynoneIssue payment instruments and/or acquire payment transactions, Issue card-based payment instruments (card issuing)
Cross-border remittanceconsumer · SME · corporate · via intermediarynoneCross-border remittance as a distinct commercial activity, Money remittance
Crypto off-ramp (crypto to fiat payout)consumer · SME · corporate · via intermediarynoneExchange crypto-assets for funds
Crypto on-ramp (fiat to crypto)consumer · SME · corporate · via intermediarynoneExchange crypto-assets for funds
IBAN accountsconsumer · SME · corporate · via intermediarynonePlace cash on a payment account, Cash withdrawal from a payment account, Issue IBAN accounts in the institution's own name
Merchant collectionsconsumer · SME · corporate · via intermediarynoneAcquire card-based payment transactions (card acquiring)
Payoutsconsumer · SME · corporate · via intermediarynoneCurrency conversion (FX) as a service
Stablecoin custodyconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients
Stablecoin orchestrationconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients, Exchange crypto-assets for funds
CHANGES
Nothing to show yet. A change log needs two snapshots to compare, and history only began being recorded on 2026-08-14 — the builds captured so far differ by zero values. Rather than back-fill invented history, this fills in as the corpus actually moves.
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Jurisdiction: Vietnam