To facilitate administrative procedures and digital transactions for foreigners residing and working in the locality, police in the central province of Khanh Hoa are actively implementing a 50-day campaign to issue level-2 digital ID accounts, following a nationwide direction from the Ministry of Public Security.

Digital transactions at many commercial banks have reached a rate of 97-98%, with the banking sector maintaining annual double-digit increases in both transaction volume and value, said Deputy Governor of the State Bank of Vietnam Pham Tien Dung at a recent workshop.

The development of an international financial centre in Ho Chi Minh City must be associated with the planning work and socio-economic development of the locality, as well as a political consensus, according to experts.