Mr. Nguyen Duc Lenh, Deputy Director of the State Bank’s Branch in Region II, provided information regarding payment activities during the recent 2-9 holiday celebrations.
The banking sector in Ho Chi Minh City and Dong Nai province collaborated with the State Treasury to meet the local government’s cash needs. This ensured timely distribution of the government’s Independence Day gifts to the people, especially in mountainous, rural, and remote areas of the province.
The State Bank’s Region II directed payment tasks across the banking system in the Southeast region. Credit institutions, particularly the Vietnam Bank for Agriculture and Rural Development (Agribank) with its branches and transaction offices in the communes of Dong Nai province, proactively ensured smooth banking services during the holiday period.
This involved utilizing all payment methods and coordinating with the State Treasury to meet the local government’s cash requirements, particularly in mountainous, rural, and remote areas.
The banking sector in Ho Chi Minh City and Dong Nai province provided timely cash for local authorities to distribute Independence Day gifts to the people.
“On August 30, Dong Nai province disbursed 30 billion VND in cash (in 100,000 VND denominations) to Agribank branches in the region to distribute gifts from the government to the people of the communes (formerly in Tan Phu and Dinh Quan districts) ensuring that people received their gifts on Independence Day,” said Mr. Nguyen Duc Lenh.
Additionally, the State Bank’s Branch in Region II instructed credit institutions in Ho Chi Minh City and Dong Nai province to ensure smooth service delivery during the holiday period. This included maintaining the smooth operation of ATMs, online payment services, and electronic banking services, providing guidance to customers and locals, and promptly handling any issues that may arise. Security of bank premises and operations during the holiday period was also emphasized.
The State Treasury has recently issued Document No. 9823 dated August 29, 2025, to adjust its system operations and ensure the distribution of the government’s 100,000 VND gifts to the people.
Earlier, the Prime Minister issued Official Dispatch No. 149 dated August 28, regarding gifts for people nationwide on the occasion of the 80th anniversary of the August Revolution and National Day on September 2. The gift amount is 100,000 VND per person, allowing everyone to celebrate Independence Day.
Tightening the Wires of Progress: The Phuoc An Cable-Stayed Bridge’s Asian Record
The Phuoc An Bridge, a spectacular feat of engineering, spans the Thi Vai River, connecting Ho Chi Minh City and Dong Nai. With its impressive 55-meter clearance, it boasts the distinction of being Asia’s largest extradosed bridge, accommodating vessels up to 30,000 tons.
Unlocking New Opportunities for Investors: The Transformative Impact of Key Infrastructure Developments in Southern Ho Chi Minh City
According to Ms. Duong Thuy Dung, Executive Director of CBRE Vietnam, investors have recognized the irrationality of real estate prices in the center of Ho Chi Minh City and are strongly shifting their focus to the neighboring areas. These peripheral zones benefit directly from existing and upcoming infrastructure and belt road projects, offering significant growth potential.
The Latest Directive: Establishing a Fund for Relocation Housing and Land
The Department of Construction has been tasked by the Ho Chi Minh City People’s Committee to establish a fund for housing and land to serve resettlement purposes. This task is based on the needs for resettlement arrangement and the proposal to invest in the construction of resettlement areas by various units. A report on the implementation results must be submitted before October 15th.
The Asanzo Scandal: Prosecutors Expose Misconduct by the Company’s Owner
The Ho Chi Minh City People’s Procuracy has issued an indictment charging the owner of Asanzo Company, Pham Van Tam, and his brother with smuggling and tax evasion.
Unlocking the Potential: Transforming TPHCM’s TOD Areas with a Strategic Ban on Low-Rise, Detached Housing
In the TOD zone of Ho Chi Minh City, there is a restriction on the development of new residential projects with low-rise, detached housing structures. To optimize land use and capture additional land value, the permissible land-use coefficient can be adjusted upwards by up to 1.5 times the stipulated limit.
