Vietnam eyed as rosy market for money transfer firm

15:25' 30/04/2008 (GMT+7)
VietNamNet Bridge – Vietnam is becoming a more attractive destination for international financial services companies, said a chief executive of Western Union, one of the world leading money transfer companies based in the US.
Vietnam is a market of great potential considering the 3.3 million Vietnamese living overseas now, Western Union President and Chief Executive Officer Christina Gold told Vietnamese Ambassador to the US Le Cong Phung during a recent banquet for the Vietnamese diplomatic mission at the Vail valley, Colorado.
Gold said Western Union has eyed Vietnam as one of its major markets in its future global development plan.
Over the last 14 years, Western Union has cooperated with 30 local banks to develop a network of more than 4,000 payment points in all the 64 cities and provinces in Vietnam.