Banking fees reduced for businesses providing transportation services

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 ảnh 1Enterprises 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)

Hanoi (VNA)
– The National PaymentCorporation of Vietnam (NAPAS) and the Joint Stock Commercial Bank for ForeignTrade of Vietnam (Vietcombank) on April 16 announced a COVID-19 discountprogramme for businesses providing transportation services.

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

Enterprises providing transportation servicesincluding Vietnam Airlines, Vietjet Air, Bamboo Airways and Vietnam Railways which pay fees through the NAPAS electronic paymentgateway are eligible for exemptions or reduction of fees.

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

According to the GeneralStatistics Office of Vietnam, the COVID-19 pandemic has had a big impact ontransportation activities, of which passenger transport has been heavilyaffected with a year-on-year drop of 22.8 percent in March alone. The aviationand railway sectors recorded declines of 29 percent and 50 percent,respectively./.

VNA

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