Hana Bank said on the 26th that on the 23rd it signed a "business agreement for cooperation on infrastructure projects in Vietnam and overseas" with the Bank for Investment and Development of Vietnam and the Korea Overseas Infrastructure & Urban Development Corporation at the "Korea-Vietnam Business Forum" in Hanoi, Vietnam.

Through this agreement, the three companies will build a strategic partnership in infrastructure and energy, urban development, and green sectors and jointly identify high-quality investment opportunities for the expansion of Korean corporations. In addition, it said they will partner with GLN International, a global payment network subsidiary, to fully launch a QR payment service for Korean tourists visiting Vietnam.

Hana Bank signs a three-party memorandum of understanding for cooperation on infrastructure projects in Vietnam and overseas with BIDV and KIND at the Korea-Vietnam Business Forum held in Hanoi, Vietnam, in the afternoon on the 23rd. /Courtesy of News1

The QR payment service is a project promoted with official approval from the Central Bank of Vietnam, and Hana Bank is the only Korean financial institution to participate as the settlement bank.

Lee Ho-seong, head of Hana Bank, said, "The signing of this agreement and the launch of the service will combine Vietnam's growth potential with Hana Bank's global financial capabilities to create tangible value."

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