Hana Bank said it signed a memorandum of understanding in Hanoi to strengthen cooperation on infrastructure projects in Vietnam and overseas. The agreement, involving Vietnam Joint Stock Commercial Bank for Investment and Development and Korea Overseas Infrastructure & Urban Development Corporation, aims to pursue joint projects in infrastructure, energy and urban development. Hana Bank also launched a cross-border QR payment service with its unit GLN, NAPAS and BIDV, enabling QR payments at major tourist destinations in Vietnam.

Hana Bank said on Tuesday it signed a strategic partnership with the operator of public delivery app Mukggae-bi to provide financial support for local small merchants and promote use of the app. The agreement aims to ease management burdens as merchants face high inflation and rising fees and labour costs. The bank plans dedicated products and links to policy financing, along with affiliated cards, discount coupons and services for foreign users.