The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank transfers.
Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Vietnam to support customers hit by the latest COVID-19 outbreak.
Thirty seven commercial banks have confirmed the reduction of the fees for interbank fund trasfers following the move of the National Payment Corporation of Viet Nam (NAPAS) to halve the switching fees for local banks from Wednesday.
The fees for fast interbank fund transfers would be cut for the second time this year to promote cashless payments in the context of the novel coronavirus (COVID-19) pandemic.
Nium Pte Ltd, a digital cross-border payments platform, is enabling users to make real-time money transfers to Visa debit cardholders across Southeast Asia including Viet Nam.
Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry.
On Wednesday, the Ha Noi People Court opened the first-ever trial in the case of 15 people who were charged with stock trading document falsification, stock price manipulation and fraudulent asset transfers.
Quang Ninh Province’s local authorities requested the suspension of land use conversions and land transfers in Van Don District until the National Assembly adopts the Law on Special Administrative Economic Zones later this month.
Improving enforcement of intellectual property rights
(IPR) would assist the process of technology transfers, develop new
products and motivate the creativity of the business community, speakers
said during a conference in Ha Noi.
The Viet Nam Environmental Industry Association called for the creation
of incentives to promote the development of the industry at a conference
in Ha Noi last week.
The Joint Stock Commercial Bank for Foreign Trade of Viet Nam, or
Vietcombank, suspended the service that allows money transfers to
foreign cardholders via its ATMs on November 12.