Financial institutions in Russia and Vietnam are holding consultations to expand the use of the Mir card system within the territory of the Socialist Republic. This was reported by the Russian Embassy in Hanoi.
Russian and Vietnamese banking institutions are discussing ways to expand the use of the Russian Mir payment card in Vietnam. These include increasing the number of ATMs of the Vietnam-Russia Joint Venture Bank (VRB) in places frequented by large numbers of our citizens.
VRB was created with the assistance of the Bank for Investment and Development of Vietnam and VTB. It is the main structure of bilateral interaction. The bank began its operations in November 2006. At present, six branches operate in major Vietnamese cities: Hanoi, Ho Chi Minh City, Vung Tau, Da Nang, Nha Trang, and Haiphong. In total, the organization operates 21 ATMs in the country.
Due to the sanctions imposed on VTB, VRB's capabilities are significantly limited; however, the bank continues to function. Expanding acceptance of Mir cards could contribute to growth in the tourist flow from Russia to Vietnam. In 2025, more than 690,000 Russian tourists visited the country, setting a record.