Improve International Payments At Joint Stock Commercial Bank For Foreign Trade Of Vietnam, Bien Hoa Brand

Abstract

Variables influencing the selection of foreign payment methods at the Vietcombank Bien Hoa branch. The primary determinants are derived from data and obtained from empirical surveys. The lack of popularity of international payment services can be attributed to a combination of objective and subjective factors. We present both theoretical and empirical data to substantiate the validity of our theory. Simultaneously, we provide objective remedies to alter the existing state of foreign payments at Vietcombank Bien Hoa branch. Banks should prioritize and implement future-oriented modifications to foster the growth of foreign currency and expand their global outreach