Dong A Money Transfer (DAMT) under Dong A Commercial Joint Stock Bank has become the only Vietnamese company to receive the Most Innovative Company Award 2010 presented by the International Association of Money Transfer Networks (IAMTN).

The IAMTN has applauded DAMT’s efforts to become a remittance services provider of international standards and a pioneer in remittance home delivery services nationwide.

In 2008, Money Gram International, a leading global money transfer service provider, selected DAMT as the first Vietnamese partner to develop this kind of service.

This year, the company received remittances of 1.2 billion USD, a year-on-year increase of 20 percent and continues taking lead in the money transfer sector for nine consecutive years.

IAMTN is the only money transfer organisation in the global remittance sector with member banks and organisations in more than 90 countries and territories.