Hanoi (VNA) – The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit. The seven banks are Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (Viet Capital Bank), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Vietnam Thuong Tin (Vietbank). The cards will be accepted at more than 235,300 points of sale and 14,380 ATMs nationwide. Cardholders can also withdraw cash at ATMs of Napas’ partners in the Republic of Korea and ASEAN countries of Thailand and Malaysia. Cardholders will be given an interest-free period of up to 55 days compared to the typical 45 days. The acceptance points will have to pay fees of about 1.1-1.3 percent of the transaction values, lower than other … [Read more...] about Banks launch domestic credit chip cards
First day of school name games
V. League club reverse decision to fire American striker
Kurtaj was immediately recruited by Thanh Hoa FC, after the club parted ways with Jamaican striker Chevaughn Walsh. It didn’t take much time for Walsh to find a new club, signing up with Hong Linh Ha Tinh. … [Read more...] about V. League club reverse decision to fire American striker
Party Congress continues discussion of draft documents on January 28
Politburo member and Secretary of the Hanoi Party Committee Vuong Dinh Hue (standing) moderates discussions of the 13th National Party Congress on January 28 morning. In the previous day, 23 delegates delivered presentations assessing the implementation of the resolution of the 12th National Party Congress and the “Doi Moi” (Renewal) policy over the past 35 years. … [Read more...] about Party Congress continues discussion of draft documents on January 28
Main index plunges as some 480 stocks end in red
A man monitors stock prices. The VN-Index of the Hochiminh Stock Exchange continued its downward spiral today, January 28, due to forced selling – PHOTO: VNA HCMC – With losers overwhelmingly outstripping gainers by 478 to 20, the VN-Index of the Hochiminh Stock Exchange continued its downward spiral to close down 73.23 points, or 6.67%, from the day earlier, at 1,023.94 today, January 28, due to panic selling following news of Covid-19 outbreaks. … [Read more...] about Main index plunges as some 480 stocks end in red
Education Minister outlines 9 achievements, 5 problems in educational sector
UNESCO expert: Vietnam education reform on right path, recommends better allocation of funds Dominique Altner, Senior Program Specialist at IIEP (International Institute for Educational Planning), spoke to VietnamNet about the development of Vietnam’s education system in the last five years. … [Read more...] about Education Minister outlines 9 achievements, 5 problems in educational sector
