Eurogiro welcomes Vietnam Post
Eurogiro welcomes Vietnam Post (VNPost) as a new member in the Eurogiro community, and a new Eurogiro payment gateway into the country of Vietnam.
Mr Vinh, Vice President at VNPost notes that the Post has paid great attention to develop different electronic systems or exchanging international money orders with other countries with the aim is to improve service quality and expand cooperation with postal organizations, banks and remittance companies all over the world, and is at the same time strengthening its domestic network operations.
VNPost’s decision to join Eurogiro was based on the benefits to be realised from the Eurogiro community and network that has been offering an international payments service as its core business for over 15 years, with a proven business and IT infrastructure that ensures high quality, international standards for payments, and connectivity to post and banks in nearly 50 countries.
VNPost is scheduled to go live with the Eurogiro network in September 2009. The initial phase will provide cash receipt for international funds transfers at 1,200 designated postal branches of VNPost.
According to a World Bank report, Vietnam is the 10th largest receiving remittances country in the world among the developing countries. Vietnam's central bank has forecasted inflows for overseas remittances to be between US$5.8 billion and $6 billion in 2009.
For more information on connecting with Vietnam Post via the Eurogiro network, please contact Ms. Chu Thi Lan Huong at [email protected]
