diversification of business activities is one of the strategies of the Bank for foreign trade of Vietnam credit card payment services and recently the release of private payment card of Vietcombank in modernization of the banking industry to develop and integrate with the international marketMr. Nguyen Duy Lo, Vice President and Managing Director of Vietcombank first Vietcombank Ho Chi MInh city said there are now about 70% of the amount of cash still in circulation outside banks and only 30% of the circulation in the Bank.the use of payment cards will eventually replace the above ratio.
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