The joint-stock Dong A Bank inaugurated its first ATM that is specifically targeted at selling gold at its Tran Phu branch in HCM City's district 5.

The bank's general director, Tran Phuong Binh, said it is the first of its kind in Vietnam and is the world's second. The other one is in Dubai.

Buyers should own a card issued by the bank, and when they decide on the purchase they will use their cards for payment, not cash. Prices will be updated on a real-time basis.

Currently, Dong A Bank has almost 5 million customers and a nationwide network of more than 200 branches and transaction offices. It runs around 1,300 automated teller machines.

It plans to manufacture and install 50 Gold ATMs by the end of 2011./.