Vietnam Erases 86 Million Bank Accounts – The Great Reset in Motion

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by Martin Armstrong
Sep 9, 2025


Vietnam has erased and/or frozen 86 million unverified bank accounts as the nation surrenders to the globalist Great Reset. Anyone wishing to function in society must surrender their biometric data to maintain a bank account. The State Bank of Vietnam (SBV) claims that the measure was a system cleanup aimed at preventing fraud. In actuality, the measure is one step closer toward a national ID system that enables the government to control its citizens’ every move.

This is a data-cleansing revolution,” said Pham Anh Tuan, Director of the Payment Department. “While the total number of bank accounts remains 200 million, by September 2025, once the legal framework is complete, all accounts without biometric data will be closed to prevent scams and fraud. After seven years of promoting non-cash payments, we are moving toward real efficiency.”

Vietnam recently implemented a nationwide digital ID (e-ID) system called VNeID that requires both citizens and foreign residents to surrender to the matrix and permit the government to store their personal information in a centralized database. Fingerprints, facial biometric data, photographs, passports, nationality, criminal records, and even medical records will be stored in the government database. Participation is not optional.

Project 06 launched in January 2022, hailed as a technological revolution to digitize the country. Project 06’s full name is the “Project on Developing Data Applications on Population, Identification, and Electronic Authentication to Serve National Digital Transformation in the 2022-2025 Period (Vision 2030),” which aligns entirely with the World Economic Forum’s plans for the Great Reset. The concept has been sold to the people as a convenience measure, but in truth, the aim is centralized, unrestrained control over the entire population.


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Sounds like what the U.S. is attempting to do:


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VNeID

...a key part of Vietnam's digital transformation plan to create a digital government, digital economy, and digital society by 2030.

It was created to manage health declarations and domestic travel amidst the escalating COVID-19 pandemic in Ho Chi Minh City.

These included vaccination information, travel permit verification, social benefit payments, and vehicle registration details. The Ministry also confirmed it was coordinating with the Ministry of Transport to integrate driver's licenses and with Vietnam Social Security to add insurance information, alongside other documents like passports and international travel papers.

VNeID was updated to version 2.0.7 in late February 2023, which officially enabled the use of "residency information."

In October 2023, VNeID version 2.1.0 was released, adding four main features: a history of previous national ID and Citizen Identity Cards; social insurance participation history; automatic limitation and locking of an e-ID account when the chip-embedded ID card expires; and the Epay e-wallet for electronic toll collection (ETC).

On December 29, 2024, VNeID launched version 2.1.14, introducing several new features: electronic service of process and civil judgment enforcement notifications from the Supreme People's Court, a driver's license demerit point system, and end-to-end vehicle registration.

VNeID was updated to version 2.2.0, with new features released on June 26, 2025. This significant update introduced additional functions, utilities, and services specifically designed for foreigners, enabling them to access various digital utilities in Vietnam, such as registering to rent a house, storing electronic residence cards, and utilizing public services.


Under the 2023 Law on Citizenship Identity, Vietnamese citizens under the age of six will also be issued an ID card, meaning they will also have an e-ID account managed by their legal representative.



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