Banking fees reduced for businesses providing transportation services

Source: VNA

19:54 | 17/04/2020 Finance Follow english.haiquanonline.com.vn on

The National Payment Corporation of Vietnam NAPAS and the Joint Stock Commercial Bank for Foreign Trade of Vietnam Vietcombank on April 16 announced a COVID 19 discount programme for businesses providing transportation services

banking fees reduced for businesses providing transportation services

Enterprises providing transportation services including Vietnam Airlines, Vietjet Air, Bamboo Airways and Vietnam Railways which pay fees through the NAPAS electronic payment gateway are eligible for exemptions or reduction of fees. (Photo: Vietnam Airlines)

From April 10 to December 31, NAPAS is offering free transactions and coordinating with Vietcombank to reduce up to 35% of fees for both electronic payments and support services.

This is NAPAS’s third service discount programme in 2020 to share difficulties with businesses.

According to the General Statistics Office of Vietnam, the COVID-19 pandemic has had a big impact on transportation activities, of which passenger transport has been heavily affected with a year-on-year drop of 22.8% in March alone. The aviation and railway sectors recorded declines of 29% and 50%, respectively.

Source: VNA

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Banking fees banking transportation services

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