Foreign investors have poured into Viet Nam’s e-wallet sector as they huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 per cent of the total by 2020.
Lien Viet Post Commercial Joint Stock Bank signed a co-operation agreement with two Japanese partners Mitsui Knowledge Industry Company Limited (MKI) and Doreming Company in Tokyo on May 18.
Vi Viet e-wallet, a LienVietPostBank’s online banking services recorded more than two million customers and a network of some 16,000 transaction points as of Friday after over a year of launching.
LienVietPostBank signed a memorandum of understanding (MoU) with CARE International in Viet Nam to launch a pilot programme aimed at helping ethnic minority women access formal banking services.