Inter-bank electronic payment turnover accelerated to VND73 quadrillion (US$3.2 trillion) in 2018, equal to 13 times the country’s GDP, according to Pham Tien Dung, director of the State Bank of Viet Nam (SBV)’s Payment Department.
The exchange rate between the Vietnamese dong and the US dollar has kept on rising significantly in recent weeks, which has surprised both investors and analysts in Viet Nam despite the economy’s stable development and historical-high foreign reserves. Viet Nam News reporter Nguyen Hoang...
Pham Tien Dung, chairman of the National Payment Corporation of Viet Nam (NAPAS), was appointed head of the State Bank of Viet Nam (SBV)’s payment department on Thursday.
