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Mastercard aims to partner with Vietnam's e-wallets using fintech

Country chief says it offers global networks and personal flexibility

Mastercard's office in Ho Chi Minh City is perched on the 19th floor of a lotus-shaped tower. (Photo by Lien Hoang)

HO CHI MINH CITY -- Most Vietnamese do not have a Mastercard, and the company says it can live with that. All it wants for now is for consumers in Asia's fastest-growing economy to give up using cash -- even if it means choosing rivals like digital wallets.

The U.S.-based company is diversifying beyond credit cards to cater to an emerging market and emerging technologies.

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