Vietnam hopes for stronger partnership with US: PM Business

Vietnam hopes for stronger partnership with US: PM

Vietnam always considers the US one of its most important partners and wishes to continue developing its comprehensive partnership with the country, especially in economic, trade, and investment cooperation, Prime Minister Nguyen Xuan Phuc has told US officials.
Banks slash fees for interbank fund transfers Business

Banks slash fees for interbank fund transfers

Thirty-seven commercial banks have confirmed the reduction of fees for fast interbank fund transfers following the move of the National Payment Corporation of Viet Nam (NAPAS) to halve the switching fees for local banks from March 25.
Banks to provide over 12-billion-USD credit to epidemic-hit firms Business

Banks to provide over 12-billion-USD credit to epidemic-hit firms

The banking sector is building a credit support programme with a value of 285 trillion VND (over 12.2 billion USD) for firms hit by the epidemic of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19), in an attempt to help ease their difficulties, according to an official of the State Bank of Vietnam.
Local commercial banks cut interbank transfer fees Business

Local commercial banks cut interbank transfer fees

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than 500,000 VND (21.5 USD) following the move of the National Payment Corporation of Vietnam (NAPAS) to cut switching fees with an aim to promote cashless payments.