Central Banking

Vietnam,Russia look to bilateral payment mechanism

Risks encountered by Vietnam's businesses in trading with Russian partners will likely be removed if talks between the visiting Russian banking delegation with their Vietnamese counterparts bear fruit.The Russian delegation led by deputy central bank governor Viktor Melnikov comprises 13 banking officials.

On Feb 19 in Hanoi, State Bank deputy governor Duong Thu Huong received the Russian delegation. The two sides discussed policies on forex control, international payment and banking services in

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