Ha Noi boosts cashless transfer and digital trans

He said the application of information technology and digital transformation is needed for good management as Hanoi's education sector is currently the largest in the country, with more than 2,800 schools and over 2.2 million students.

"Schools in the city have recently made great efforts and achieved positive results in applying information technology and digital transformation. This academic year, the Ha Noi Education Department has decided to speed up the task and strive to be the country's pioneer in digital transformation," Cuong stressed.

The director suggested that all schools need to review their existing conditions based on the digital transformation index set by the Ministry of Education and Training, to effectively roll out the digital transformation ecosystem in terms of teaching, testing and assessment and regularly update information to the education sector's smart operation center.

Schools must also contribute to the digital data warehouses and utilize the electronic resources at https://study.hanoi.edu.vn.

In addition, the Ministry of Education has thoroughly promoted cashless payment to ensure the most convenient for students and their parents.

On August 25, the Ha Noi Department of Education and Training organized a training on digital transformation in professional record management, integration of personal digital signatures and management of cashless receipts.

Tran The Cuong emphasized that integrating personal digital signatures into professional records management not only saves time and resources, but also increases accuracy and security, making it easier to process and share information.

Ha Noi aims to raise cashless payments

Ha Noi is looking to raise cashless payments in e-commerce to 45 percent and transactions with electronic bills on e-commerce platforms to 65 percent.

The city also aims to raise the amount small and medium-sized firms doing business on e-commerce platforms to 45 percent and enterprises engaging in e-commerce via mobile applications to 35 percent. It is also working to increase the rates of customers paying water and power bills online to 98 percent and 99.7 percent, respectively.

Among all payment methods, QR code-based payments grew 160% in volume and 40% in value from January to May.

The development of digital payment means that shoppers in Ha Noi no longer need to carry cash around with them, and all items are just a click away.

Online bank transfer or remittance has become familiar to people in Hanoi, as QR codes and bank account numbers can be found everywhere, from old-fashioned markets to eateries, restaurants, gas stations, and clothing stores.

Not only young people, who are receptive to new technologies, but also middle-aged people are now used to having at least one e-wallet app and one smart banking app installed on their smartphones.

A report by Visa on consumer preferences showed that the circulation of banknotes in Viet Nam decreased significantly last year compared to 2020. Specifically, 89 percent of consumers prefer e-wallet apps, 85 percent of them frequently use credit and debit cards for e-commerce and contactless payments, which doubled in 2022 compared to the previous year./.