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Vietnam's Trust-Based Commerce: 'Pay Later' Becomes Daily Norm
In Vietnam, a unique business practice of 'trust-based commerce' is becoming a daily norm, where customers step in to sell and handle transactions even when the owner is absent. This contrasts with the global cash-on-delivery principle and symbolizes the warmth of Vietnamese human relationships.
In Vietnam, a unique business practice based on human trust is becoming a daily norm, where customers step in to sell and handle transactions even when the owner is temporarily absent. This stands in stark contrast to global commercial practices that primarily operate on a cash-on-delivery basis. Recently, a viral video showed a drink stall owner instructing over the phone, "Just take what's ready and pay me later." In another instance, a customer visiting a fruit-tea cart found that the person behind the counter was not the owner but another customer asked to watch the place. This trust in strangers is a common habit across the country. In a memorable case, two schoolgirls asked to mind a street food cart for a few minutes found themselves serving a swarm of customers, smoothly taking orders, grilling sausages, and ringing up sales like seasoned professionals until the owner returned. Vendors also frequently tell buyers who forgot their wallets or face app crashes to "take your groceries home and settle the tab tomorrow." These trusting interactions extend further into everyday life. Customers regularly walk behind counters to mix their own drinks, drop cash into lockboxes while owners run errands, or even watch entire storefronts so the owner can run home to feed their pets. These small, charming gestures weave a deeply genuine fabric into Vietnamese street culture, proving that many local transactions start with a casual promise to pay later and end with mutual kindness on both sides. This culture of trust is thought to be linked to the stability of Vietnamese society under its one-party system and the spirit of mutual aid accompanying economic growth. Particularly in rural areas and even in urban centers, the tradition of strong community ties and valuing interpersonal relationships may be supporting such business practices. However, as rapid economic development progresses, it remains to be seen how these traditional trust relationships will evolve.
Original source
Vietnam Insider