Growing Government Support Boosting Non-Cash Payments in Vietnam
Vietnam Financial Market is growing tremendously, attracting worldwide attention. Although, Vietnam’s economy is dominated by cash payments at present, growing government support and increasing advance technologies are encouraging non-cash payments in the country. In recent years, various government initiatives, to promote non-cash payment in the country, has been observed. For instance, as per the recent government norm, organizations and individuals using public funds will be prohibited from making payments in cash unless permitted or required by the Ministry of Finance...
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