MNCs welcome cashless society vision

Vietnam is implementing a plan to increase non-cash payments by 2020, which will make clearing and settlements, electronic payments and FX inter-bank markets more efficient, treasurers argue

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The State Bank of Vietnam (SBV) is putting more pressure on the banking industry to be ready to move towards a cashless society by 2020. The central bank announced on March 31 it would require its entities to implement more detailed ongoing plans to...

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