The National Payment Corporation of Vietnam (NAPAS) announced on March 16 that there will be reduction on the fees for fast interbank fund transfers for the second time this year to promote cashless payments amid the rapid spread of the COVID-19 pandemic.
That is the instruction given by the standing Deputy Governor of the State Bank of Vietnam (the SBV), Mr Dao Minh Tu at a ceremony on the 20th anniversary of the establishment of the Deposit Insurance of Vietnam (the DIV), reception of a second-class Labor Medal and a conference on the implementation of the 2020 Plan of the Deposit Insurance of Vietnam (the DIV) held on January 11, 2020. The following is the speech delivered by Deputy Governor Dao Minh Tu.
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