Vietnamese governor wants less cash, more plastic

The governor of Vietnam's central bank, Le Duc Thuy, has called for greater cooperation between commercial banks to expand bank card services. In a speech to mark the 10th anniversary of the Vietnam Bank Card Association, whose 20 member banks account for 90% of the bank card market, he emphasised the need for ATMs to serve customers from different banks and for a unified point-of-sale system.

Nearly one-third of all payments were by cash in 1997. The figure has now dropped to 21% and Vietnam has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.