Deputy Prime Minister Vuong Dinh Hue (R) and Chairman and CEO of South Korea’s Lotte Card Kim Chang-kwon. (Photo: VGP/Thanh Chung)

Mr. Hue said the Vietnamese Government is keen on improving consumer finance via fintech and mobile payment technologies, to promote cashless payments.

He called attention to bringing more Vietnamese products to Lotte’s shopping malls under the “One Commune, One Product” program.

Mr. Kim said Lotte Card wants to contribute its years of experience in finance and credit to Vietnam’s development of payment by card and mobile phone, fintech, findata, and doing business on digital platforms.