Shinhan Bank Vietnam Limited has waived transfer and cash withdrawal fees at ATMs for individual customers using eKYC services until December 31 this year.
The State Bank of Viet Nam made a net cash withdrawal worth VNĐ86 trillion out of the economy through open market operations (OMO) from January 20 to February 14.
The State Bank of Viet Nam (SBV) has required credit institutions and branches of foreign banks in the country to limit cash withdrawal at their automatic teller machines (ATMs) at night.
The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has announced the adjustment of transaction limits on its online service VCB-Mobile B@nking starting June 19.
The National Payment Corporation of Viet Nam (NAPAS) has proposed to increase the fee for money withdrawal from its ATM network by four times for each transaction from August 1.
Recent surges in transactions and withdrawl fees at a number of commercial banks had seemingly gone against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
The central coastal Khanh Hoa Province’s Department of Planning and Investment has decided to withdraw the licence it had issued for the US$33 million Nha Trang Star entertainment complex due to tardy progress.
With the eagerly anticipated conclusion of talks on the Comprehensive Partnership and Trans-Pacific Partnership’s (CPTPP) in late January, Viet Nam embarked on a still more difficult path.
The National Payment Corporation of Viet Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than 170,000 ATMs nationwide.
Credit card holders will not be allowed to withdraw cash at card readers of domestic points of sale (POS) from March this year, says the State Bank of Viet Nam (SBV).
The minimum cash limit per withdrawal at automated teller machines
(ATMs) for banks other than the card issuer will be raised from VND2
million (US$90) to VND3 million.
Many mergers and acquisitions (M&A) opportunities are likely to open up for both local and foreign investors when the transport ministry sells its stakes in many corporations during the rest of this year.
The Vietnam National Shipping Lines, or Vinalines, repaid more than
VND1.4 trillion (US$64.2 million) worth of debts in the second quarter
of this year.
A new regulation on capital withdrawal,
share sale, trading and listing registration on the securities market
has been hailed as creating more favourable conditions for State-owned
enterprises (SOEs).