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Vietnam joins Southeast Asian effort on cross-border payments

A customer scans a quick response (QR) code to pay a food at a food stall at Sabang area in Jakarta, Indonesia, on Feb 13, 2023. (Photo: Reuters)

JAKARTA – Vietnam’s central bank signed an agreement on Friday to be part of an initiative by five other Southeast Asian countries to establish a cross-border payments mechanisms between them.

Vietnam will join Indonesia, Malaysia, Thailand, the Philippines and Singapore in working to connect each of their payment systems,…

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