Saigon Co.op, VietinBank sign far-reaching deal

August 11, 2017 - 18:00

The Saigon Union of Trading Co-operatives (Saigon Co.op) and VietinBank have signed an agreement to leverage their respective strengths to benefit tens of millions of customers.

Saigon Co.op and VietinBank sign an agreement in HCM City on August 10 to leverage their strengths, including the issue of a contactless co-branded credit card. — VNS Photo

Viet Nam News

HCM CITY — The Saigon Union of Trading Co-operatives (Saigon Co.op) and VietinBank have signed an agreement to leverage their respective strengths to benefit tens of millions of customers.

VietinBank will offer Saigon Co.op modern banking services, financing for its projects, working capital, cash flow management, collection, payroll and card payment services, and others.

At the signing event the two sides launched a co-branded card, Visa Paywave, the contactless card that works by just waving it in front of a reader.

The card would offer customers greater convenience and enhance the development of non-cash payments by reducing the risks involved in cash payment, Diệp Dũng, Saigon Co.op’s chairman, said.

The new card will also integrate the supermarket’s membership card.

Thus, cardholders will enjoy the benefits of Co.op’s loyalty programme, including accumulation of points, discounts on purchases as well as Tết (Lunar New Year) and birthday gifts, as well as discount programmes organised regularly by Saigon Co.op, VietinBank and Visa. — VNS

Tags vietinbank Saigon Co.op agreement Visa payWave

FPT and DENSO sign MoU to accelerate software-defined vehicle innovation

bizhub

Sacombank wins nine awards from card organisations

bizhub

Work starts on $84.5-million glove manufacturing project in Nam Định

bizhub

Mega trading project starts construction in Đà Nẵng

bizhub

Samsung holds second corporate social responsibility day

bizhub

Growing wine market to be worth US$382 million

More on this story

bizhub

Vietjet honored as “The IPO Deal of the Year 2017”

bizhub

Auto imports headache local experts

Việt Nam imported more than 6,900 cars worth US$171 million in July, recording a drop of 11.2 per cent in volume and 2.6 per cent in value compared with the previous month.

bizhub

Lilama to trade on UPCoM from Aug 16

Vietnam Machinery Erection Corporation (Lilama) will start trading 79.7 million shares on the Unlisted Public Company Market (UPCoM) from August 16, two years after its initial public offering in 2015.

bizhub

Foreign exhibitors to attend VN’s leading water expo

The 2017 Vietwater Expo and Forum, Việt Nam’s leading international water supply, sanitation, water resources and purification event, will welcome the participation of 14 international pavilions.

bizhub

Indian Culture Festival to be held in Thanh Hóa

The Indian Culture Festival will take place at the FLC Sầm Sơn Complex in central Thanh Hóa Province this Saturday.

bizhub

Israel embassy in VN kicks off startup competition

A startup competition is being organised to find a winner for Start Jerusalem 2017, which takes place in November 2017

bizhub

Vietjet sells discounted tickets on new int’l route

Slated to be operational on October 29, the new route will meet the significant demand of individuals, tourists and businesspeople travelling between these two attractive destinations for tourism and business, Vietjet said in its statement.

bizhub

Khánh Hòa Sanest Beverage Co to launch IPO

The Khánh Hòa Sanest Beverage Company will make its first public offering (IPO) of nearly eight million shares at the initial price of VNĐ23,000 (US$1) on September 11, according to the HCM Stock Exchange.