Politics · Vietnam Bureau
Vietnam urges Citibank to deepen digital finance and payment system support
Vietnam's Deputy Prime Minister has called on Citibank to expand its role in the country's digital transformation and international payment infrastructure. The appeal highlights the bank's existing contributions to corporate banking and trade finance solutions.
LSN Vietnam ·
Deputy Prime Minister Nguyen Van Thang has urged Citibank to strengthen its commitment to supporting Vietnam's digital financial transformation and cross-border payment systems, recognizing the bank's track record in delivering modern financial solutions across multiple sectors.
The Vietnamese official commended Citibank's existing portfolio in corporate banking, trade finance, and cash management services, which have supported the country's business community. He also acknowledged the institution's community engagement programmes focused on education and skills development initiatives.
The statement reflects Vietnam's broader push to modernize its financial infrastructure and enhance international payment connectivity. As the country seeks to deepen integration with global markets, officials are engaging with major international financial institutions to expand digital capabilities and streamline cross-border transactions.
Citibank's presence in Vietnam spans decades, with operations supporting multinational corporations, local enterprises, and institutional clients across the region. The bank's involvement in trade finance and cash management has been instrumental in facilitating Vietnam's growing international commerce.