Visa International said the Bank for Foreign Trade of Vietnam has become the card association's first principal member from that country.

Principal membership gives the Hanoi-based bank, known as Vietcombank, the ability both to issue cards and to sign up merchants for acceptance.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.