The cooperation is expected to bring a lot of add-ons and important services for both sides.

Speaking at the signing ceremony, Rajendar Dhorkay, MoneyGram’s Regional Director for Malaysia, Brunei and Indochina, said MoneyGram expects to see continued growth in Vietnam and the larger Asia region due to the increased demand for money transfer services as more people pursue work and educational opportunities outside of Vietnam.

“HDBank is a trusted and service-oriented name for Vietnamese and we are happy to be associated with one of the top banks in Vietnam. We actively work with our agents in other countries to develop new and tailor-fit products. I am very excited to be here to witness the launch and we look forward to be able to serve our Vietnamese receivers and Vietnamese senders living and working abroad," said Dhorkay.

As one of the largest banks in the country, HDBank regularly rolls out new products and services in co-operation with many major foreign partners to offer the best experiences as well as facilities to customers.