Vietnam's central bank joins regional payment connectivity expansion


HANOI (Bernama-VNA): The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative, reported Vietnam News Agency (VNA).

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 (ASEAN5) on the sidelines of the G20 Leaders’ Summit on Nov 14, 2022, in Bali.

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