NAPAS, VietinBank and Thailand’s Central Retail Corporation Sign Memorandum of Understanding
Date Submitted17/09/2026 14:46
News typeNAPAS News
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(Bangkok, September 17, 2026) – Within the framework of the Vietnam Week in Thailand 2026, the National Payment Corporation of Vietnam (NAPAS), VietinBank, and Thailand’s Central Retail Corporation signed a Memorandum of Understanding (MoU) aimed at fostering new areas of cooperation and advancing business partnerships between Vietnam and Thailand.
Ms. Sukulaya Uahwatanasakul, Senior Vice President, Group Treasury Department, Central Retail Corporation, said:
"We are delighted to sign our first Memorandum of Understanding (MoU) with esteemed partners NAPAS and VietinBank to connect cross-border payment systems through VietQRGlobal. We believe this collaboration will help advance cross-border QR payment solutions, thereby gradually stimulating trade and tourism activities while contributing to the economic development of both Vietnam and Thailand."
Delegates at the MoU Signing Ceremony.
Under the partnership, the parties will collaborate to deploy cross-border QR payment solutions across Central Retail’s entire network of supermarkets and retail outlets in Thailand, enhancing service visibility and encouraging customer adoption. Once operational, Vietnamese travelers will be able to use their domestic banking applications or e-wallets to scan QR codes and make purchases without the need for cash or currency exchange at more than 3,000 Central Retail stores across Thailand’s 63 provinces and cities, including well-known brands such as Central, Robinson, Tops, Tops Daily, Supersports, and Topcare. This solution will not only provide a convenient, fast, and secure payment experience but also expand cross-border payment capabilities, enabling customers to enjoy a seamless payment journey from Vietnam to international destinations.
Previously, in October 2025, NAPAS and Central Retail Vietnam (CRV) successfully rolled out the VietQRPay and VietQRGlobal payment solutions across CRV’s entire network of GO! hypermarkets, Tops Market stores, and go! outlets in Vietnam.
The continued expansion of this partnership, bringing VietQRGlobal services to Central Retail’s retail network in Thailand, marks an important milestone in the cross-border payment development roadmap of NAPAS and its banking partners. The initiative is expected to further promote cashless payments, facilitate trade and tourism activities, and strengthen economic connectivity between Vietnam and Thailand, as well as other countries across the region.
Mr. Nguyen Hoang Long, Deputy CEO of NAPAS
Mr. Nguyen Hoang Long, Deputy Chief Executive Officer of NAPAS, said:
"Our partnership with VietinBank and Central Retail Thailand underscores NAPAS’s commitment to connecting Vietnam’s payment infrastructure with international markets, thereby expanding the acceptance network of VietQRGlobal. We believe that enhancing cross-border QR payment connectivity will help accelerate the adoption of cashless payments in everyday transactions, while also supporting trade, tourism, and stronger economic ties between Vietnam and Thailand."
Mr. Tran Cong Quynh Lan, Deputy Chief Executive Officer of VietinBank, shared:
"With a strategic focus on advancing modern digital payment solutions, VietinBank believes that this cooperation agreement marks a new milestone in strengthening cashless payment connectivity between Vietnam and Thailand, delivering greater convenience and security for citizens and travelers in both countries. Through this partnership, VietinBank, together with NAPAS and Central Retail, will collaborate to develop cross-border QR payment services while implementing communication campaigns and promotional programs to encourage shopping and digital payments, thereby contributing to the growth of trade and tourism between the two nations."
Vietnam Week 2026 in Thailand
Moving forward, the parties will jointly develop and roll out marketing and communication initiatives to raise awareness and promote the adoption of the VietQRGlobal cross-border QR payment service among Vietnamese tourists visiting Thailand and Thai tourists traveling to Vietnam.
Vietnam Week in Thailand 2026, jointly organized by the Ministry of Industry and Trade of Vietnam and Central Retail Vietnam, officially opened on September 17 and will run through September 20, 2026 at CentralWorld, one of the world's ten largest shopping centers.
Now in its eighth edition, the event continues to promote Vietnamese products, culture, and tourism to international audiences while creating opportunities for Vietnamese businesses to explore the Thai market and distribution channels. It also serves as a platform for direct engagement with Thai business leaders and consumers, helping enterprises identify new opportunities for trade and investment cooperation.
Vietnam Week in Thailand 2026 brings together more than 60 businesses representing a wide range of Vietnam's key industries, including coffee, tea and beverages; agricultural products and processed foods; confectionery and regional specialties; seasonings, fish sauce and OCOP products; bird's nest and healthcare products; handicrafts and consumer goods; as well as tourism products and services.
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