Cardholders will not have to pay fees for transactions, but for cash withdrawal activities conducted at ATMs not operated by the card issuers. The fees for cash withdrawal would be 1-2% of the transaction value (a minimum of VND10,000-20,000 per transaction), much lower than the fee of 4% on other international credit cards. … [Read more...] about Seven local banks to issue domestic chip credit cards
Tin tuc kinh te
HCMC expects to become economic, financial hub in Asia
In addition, a plan to develop HCMC into a financial center in the region and the world will be drafted. The city will encourage the production and export of hi-tech goods, software and digital products, which have high added values and need a small volume of laborers and natural resources. … [Read more...] about HCMC expects to become economic, financial hub in Asia
Vietnam to stop importing 2G, 3G phones from July 1
Vietnam plans to bring the number of 2G subscribers to below 5% by 2022 so that it can stop 2G services by then. Shutting down 2G and 3G will leave more bandwidth for the 4G and 5G networks. The Ministry of Information and Communications has licensed local telecom carriers Viettel and MobiFone to launch the commercial pilot of the 5G network. … [Read more...] about Vietnam to stop importing 2G, 3G phones from July 1
An ambition of huge revenue
We are not satisfied with our products’ outstanding quality that results from imported technologies and materials. Therefore, the group has gradually improved itself to produce many essential materials for its production, such as ink and pen tips, thus reducing reliance on international partners’ supplies of essential materials. Thien Long has also taken the initiative in the design and production of molds and automated assembly machines to serve its production and accelerate the automation process. The firm’s automation rate has reached over 74%. … [Read more...] about An ambition of huge revenue
SP Land execs taken into police custody
In late 2018, SP Land developed the KDC An Dien 1 and An Dien 2 projects in Ben Cat Town with a total area of over two hectares. Despite having yet to complete legal procedures, the firm started to put the land lots of these projects up for sale at a price of over VND400 million per lot. … [Read more...] about SP Land execs taken into police custody
