On September 20, 2019, the State Bank of Vietnam (SBV) issued Document No. 7446/NHNN-TTGSNH approving the request for establishing 31 new transaction offices according to the 2018 Network Development Plan of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
The new transaction offices of Vietcombank are: My Luong Transaction Office under An Giang Branch; Bac Ninh City Transaction Office under Bac Ninh Branch; Tien Du Transaction Office under Bac Ninh Branch; Giang Dien Transaction Office under Bien Hoa Branch; Xuan Loc Transaction Office under Long Khanh Branch; Thap Muoi Transaction Office under Dong Thap Branch; Mo Duc Transaction Office under Dung Quat Branch; Ly Son transaction under Quang Ngai Branch; Quang Yen Transaction Office under Ha Long Branch; Kien Khe Transaction Office under Ha Nam Branch; Yen My II Industrial Zone Transaction Office under Hung Yen Branch; Minh Duc Industrial Park Transaction Office under Hung Yen Branch; North Cam Ranh peninsula Transaction Office under Khanh Hoa Branch; Khanh Son Transaction Office under Nha Trang Branch; Pho Moi Transaction Office under Lao Cai Branch; Nghia Hung Transaction Office under Nam Dinh Branch; Hong Bang Transaction Office under Nam Hai Phong Branch; Cam Khe Transaction Office under Phu Tho Branch; Quang Trach Transaction Office under Quang Binh Branch; Dai Loc Transaction Office under Quang Nam Branch; Khe Sanh Transaction Office under Quang Tri Branch; Binh Thang Transaction Office under Tan Binh Duong Branch; Co Do Transaction Office under Tay Can Tho Branch; Thoi Lai Transaction Office under Tay Can Tho Branch; Phuoc Dong Transaction Office under Tay Ninh Branch; Bac Phan Thiet Transaction Office under Binh Thuan Branch; Thuan Man Transaction Office under Dak Lak Branch; Chau Thanh Transaction Office under Tien Giang Branch; Dong Nam Economic Zone Transaction Office under Vinh Branch; Vung Liem Transaction Office under Vinh Long Branch; Long Hai Transaction Office under Vung Tau Branch.
In the Document, the SBV also requires Vietcombank to take responsibility for implementing the procedures to inaugurate, register and publicize the newly established transaction offices in line with Circular No.21/2013/TT-NHNN dated September 9, 2013 on the operational networks of the commercial banks and the other applicable legal documents.
The Document will cease to be valid if Vietcombank does not inaugurate the above-mentioned transaction offices within 12 months from the date of its signing.
VA