The signing ceremony between LienVietPostBank and MobiFone. — Photo ptqnews.com

HA NOI (Biz Hub) — Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) has pledged VND10 trillion (US$460 million) to MobiFone Telecommunications Corporation (MobiFone) to assist them in short- and long-term projects.

A signing ceremony was held between the two sides in Ha Noi on June 3.

Under the agreement, the two sides will cooperate to issue a new SIM card, Macca, with an aim to raise public awareness of the development of macadamia trees in Viet Nam.

Macca SIM card users will be automatically updated about the Government's preferential policies, business environment, market prices, and other services related to the growth, investment, and development of macadamia.

The SIM card is part of the efforts of LienVietPostBank and Him Lam Joint Stock Company to develop macadamia in Viet Nam.

Following the agreement, the two sides will also cooperate to provide payment facilities via bank accounts for services provided by MobiFone. They will also provide FastBank services, which will allow customers to use the payment services of the bank through MobiFone apps, such as FastBank USSD, Fast Bank Application, and FastBank WAP.— VNS