India and Vietnam Forge Digital Payment Alliance to Streamline Cross-Border Transactions
On May 5, 2026, the Reserve Bank of India (RBI) and the State Bank of Vietnam (SBV) signed a landmark Memorandum of Understanding (MoU) to integrate their digital payment infrastructures. This strategic partnership, finalized by the respective central bank deputy governors, establishes a framework for real-time, cross-border QR code-based merchant transactions between the two nations….
