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Vietcombank, NAPAS, and Ant International Launch Cross-Border QR Payment Service Linking Vietnam and China

Alfred LeeAlfred Lee2h ago

Vietcombank, NAPAS, and Ant International Launch Cross-Border QR Payment Service Linking Vietnam and China

Vietnam National Payment Corporation (NAPAS), Vietcombank, and China's Ant International have officially launched a groundbreaking cross-border QR payment service connecting Vietnam and China.

The launch ceremony took place on April 3, 2026, marking a significant milestone in digital payment integration between the two nations.

Service Mechanics Unveiled

Chinese tourists can now use their Alipay e-wallet to scan VietQR Global codes and make payments at merchants within Vietnam's extensive NAPAS network.

This network encompasses retail outlets, restaurants, hotels, and popular tourist sites across the country.

Transactions are seamlessly processed through the connectivity between NAPAS and Ant International, supported by Vietcombank's robust clearing and settlement system.

Payments are settled directly between Chinese yuan (RMB) and Vietnamese dong (VND), ensuring efficiency and currency accuracy.

Boosting Tourism and Trade

The service arrives amid a surge in Chinese visitors to Vietnam, offering faster and more convenient payment options for travelers.

Vietnamese businesses gain enhanced ability to serve international customers, particularly from China, fostering greater economic ties.

This initiative simplifies cross-border payments, supporting broader trade and service sector growth in both countries.

Future Digital Transformation

Ant International pledges continued support for Ho Chi Minh City's ambition to become an International Financial Center.

The collaboration aims to drive inclusive growth, accelerate Vietnam's digital transformation, and integrate businesses into the global digital economy.

With this launch, Vietnam and China set a precedent for innovative financial connectivity in Southeast Asia.


More Pictures

Vietcombank, NAPAS, and Ant International Launch Cross-Border QR Payment Service Linking Vietnam and China - TNGlobal (Picture 1)Vietcombank, NAPAS, and Ant International Launch Cross-Border QR Payment Service Linking Vietnam and China - TNGlobal (Picture 2)

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