The State Bank of Vietnam (SBV) has signed a Memorandum of Understanding on regional payment connectivity with their counterparts of ASEAN5 countries, namely Indonesia, Malaysia, Philippines, Singapore, and Thailand.
The recent development is an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) initiated by the central banks of Indonesia, Malaysia, Philippines, Singapore, and Thailand on the sidelines of the G20 Leaders’ Summit on...