Vietnamese governor wants less cash, more plastic

The governor of Vietnam's central bank, Le Duc Thuy, has called for greater cooperation between commercial banks to expand bank card services. In a speech to mark the 10th anniversary of the Vietnam Bank Card Association, whose 20 member banks account for 90% of the bank card market, he emphasised the need for ATMs to serve customers from different banks and for a unified point-of-sale system.

Nearly one-third of all payments were by cash in 1997. The figure has now dropped to 21% and Vietnam

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