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Tag: Russia-Ukraine crisis

Vietnamese businesses in Russia seek new payment methods

Vietnamese businesses in Russia seek new payment methods

Many businesses have suggested that the Vietnamese Government introduce convenient payment methods with Russia, so that they can avoid risks and continue to conduct business in the country. In the immediate future, it will be necessary to remove difficulties in payments due to the exclusion of Russian banks from the SWIFT international payment system. However, during the crisis, there will be opportunities for Vietnamese businesses as other foreign businesses leave, leaving behind market share.
August 05, 2025

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LICENCE No. 272/GP-BTTTT DATED JUNE 26, 2020 BY THE MINISTRY OF INFORMATION AND COMMUNICATIONS

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