A safer, more secure and private way to pay with iPhone, Apple Watch, iPad and Mac

Since December 23rd, 2022 Vietcombank (VCB) officially launch SWIFT low value cross-border payment (SWIFT Go).

From November 2022, Vietcombank officially launch Payment Pre-validation service free of charge via both counter and digital channels, continuing to affirm Vietcombank’s pioneering position in applying technology solutions for banking sector in general and international payments in particular.

JSC Bank for Foreign Trade of Vietnam (Vietcombank) and Export-Import Bank of Thailand (EXIM Thailand) signed a Bilateral Investment and Trade Promotion Agreement on the afternoon of November 16, 2022 in Bangkok, Thailand, in the presence of President of Socialist Republic of Vietnam, H.E. Nguyen Xuan Phuc and Prime Minister of the Kingdom of Thailand, H.E. Prayut Chan-o-cha during the official visit to Thailand and attending the Asia-Pacific Economic Cooperation (APEC) Summit 2022 by H.E. Nguyen Xuan Phuc from November 16 to 19, 2022. The formal signing ceremony took place at the Government House of Thailand after the official meeting between the President of Vietnam and Prime Minister of Thailand.

12/2022/TT-NHNN providing guidelines for foreign exchange administration in respect of foreign loans and repayment of enterprises on September 30th, 2022 (“Circular 12”). Circular 12 takes effect on November 15, 2022.

In order to enhance the safety and security of customers' card online payment transactions, Vietcombank implemented a security feature: 3D Secure - a method of authenticating card payment transactions via One-Time Password (OTP) - for all international credit and debit cards issued by Vietcombank from 2018 and updated to 3D Secure version 2.0 from April 2021.

On August 30, 2021, the Board of Directors of Vietcombank were unanimous to elect Mr. Pham Quang Dzung as the new Chairman of the Board for the 2018-2023 office term. This election, pursuant to the State Bank of Vietnam’s written aproval issued earlier on August 27, 2021, took immediate effect.

The Terms and conditions for Vietcombank Debit card issuance and usage will have some updates.

On December 29, 2020 at Caravell Saigon Hotel in Ho Chi Minh City, Joint Stock Commercial Bank For Foreign Trade of Vietnam - Ky Dong Branch (VCB Ky Dong) and BT2 Windfarm Joint Stock Company held the signing ceremony of financing agreement for BT2 Windfarm Project with capacity of 100,8MW in Quang Binh province.

**The first live blockchain domestic Letter-of-Credit in Vietnamese dongs to be executed by HSBC and Vietcombank** The breakthrough deal signals Vietnam’s readiness for the next phase of digital transformation in trade**