Laos and Vietnam launch new cross-currency transaction, retail payment systems


Prime Minister Sonexay Siphandone and his Vietnamese counterpart Pham Minh Chinh (cenre) flanked by senior government officials, attend the launch of the new systems in Vientiane on Thursday. - Photo: Vientiane Times/ANN

VIENTIANE (Vientiane Times/ANN): The governments of Laos and Vietnam have initiated a cross-currency transaction service and cross-border payment system using QR code technology, to strengthen economic ties between the two nations.

The launch of the new systems took place in Vientiane on January 9 during the 47th meeting of the Laos-Vietnam Intergovernmental Committee.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , Vietnam , Cross Border Payments

Next In Aseanplus News

Myanmar junta chief votes in military-run election
'Brazen attempt': Can a start-up restore the original Twitter brand?
Malaysian bungalow 'floats' by architectural design, wins Gold in PAM Awards 2025
Telecommunications tower catches fire in Kuala Kangsar
Mild earthquake shakes Bukit Kepong, tremors felt across Johor and Melaka, says MetMalaysia
Myanmar polls open amid civil war, junta-backed party tipped to win
New aviation law to regulate drones
Elusive wild cat feared extinct rediscovered
Spanish family missing after boat sinks
Kim hails war time bond with Putin

Others Also Read