Son La boasts over 90 million cashless transactions

Son La province currently has 23 credit institutions, 49 transaction offices, and 269 transaction points, along with 80 ATMs/CDMs and 157 POS acceptance points.

A customer makes transfers at a clean vegetable store.

Since the beginning of the year until now, the total mobilised capital of credit institutions in the province reached over 44 trillion VND (1.67 million USD), up 14.8% compared to the end of 2024.

Total outstanding loans reached around 53.06 trillion VND, an increase of 10.6%; and bad debt accounted for 1.1% of total outstanding loans. Cashless payment activities continued to grow strongly, with over 90 million transactions amounting to more than 315 trillion VND.

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