Retail flexible hours

With the outstanding feature of earning points and cashback, and with many attractive incentives, the products promise to become a solution to help customers manage their finances effectively, flexibly, and proactively. BAC A BANK MasterCard cardholders will enjoy many attractive and competitive fee and interest rate policies such as free-of-charge card issuance, annual fee for the first year, interest free payments of up to 45 days, or 0 per cent interest instalment payments with flexible terms up to 12 months. BAC A BANK offers new credit cards with incentives The waiver of most fees will provide cardholders with a more useful and practical experience. Customers are both comfortable and assured when using BAC A BANK international credit cards to meet their personal financial needs, while still being able to take advantage of their cash flows to optimise costs. Besides the fee privileges, customers can also experience the most modern contactless card payment … [Read more...] about BAC A BANK offers new credit cards with incentives

The maximum short-term lending rate for borrowers in some sectors will be reduced, photo Le Toan The State Bank of Vietnam (SBV) last week took bold steps to soften the regulatory interest rates for the first time in two years, in a bid to support the capital-thirsty local business community. The central bank issued two decisions on reducing key interest rates by 0.5 to 1 per cent, which took effect on March 15. Under Decision No.313/QD-NHNN, the rediscount interest rate will be revised down from 4.5 per cent per year to 3.5 per cent. Overnight lending rates in interbank electronic payments and loans to cover capital shortfalls in clearing payments of the SBV for credit institutions will be dropped from 7 per cent per year to 6 per cent. Particularly, the refunding interest rate will remain unchanged at 6 per cent on an annual basis. Meanwhile, under Decision No.314/QD-NHNN, the maximum short-term lending rate in VND of credit institutions for borrowers to meet capital needs … [Read more...] about Careful action required to curb inflation threat

Stakeholders have much to say about the current state of the tourism industry, and what must be done Prime Minister Pham Minh Chinh chaired a tourism recovery conference on March 15 and talked to management agencies and tourism businesses about removing obstacles for the industry to thrive once again. Despite being one of the first Southeast Asian countries to fully reopen to international tourism after the pandemic, Vietnam’s tourism industry still trails other countries in the region. The PM raised a series of questions about tourism promotion, competitive advantages, products, and visa policies – all factors that are considered to be subjective causes for Vietnam’s tourism to fail its foreign tourism targets thus far. “Tourism cannot develop alone, and tourism cannot develop if culture and the entertainment industry do not develop,” PM Chinh said. He directed the tourism industry to build green and sustainable tourism products, finance tourism activities, and develop … [Read more...] about Tourism breakthrough within reach