Interbank ATM cash withdrawals via QR Code now available
Starting August 7, Napas cardholders will be able to utilise their Mobile Banking application to perform interbank cash withdrawals from ATMs by scanning the VietQR code, eliminating the need for a physical card.
A customer scans a QR code to make payment at a convinient store in Hanoi (Photo: VNA)
Hanoi (VNS/VNA) - Starting August 7, Napas cardholderswill be able to utilise their Mobile Banking application to perform interbankcash withdrawals from ATMs by scanning the VietQR code, eliminating the needfor a physical card.
During the launch event, Nguyen Quang Minh, the General Director of theNational Payment Corporation of Vietnam (NAPAS), announced that NAPAS hascollaborated with member banks to successfully develop an interbank ATMwithdrawal service using the VietQR code (VietQRCash).
In its initial phase, Napas cardholders can access the Mobile Banking applicationsprovided by eight banks, namely BIDV, VietinBank, Vietcombank, Agribank,Saigonbank, Sacombank, National Citizen Bank (NCB) and Nam A Bank to withdrawmoney from their respective ATM systems (note that NCB and Nam A Bank have notyet integrated this service into their ATM systems).
Transaction limits and fees align with the current regulations for ATMwithdrawals using NAPAS cards.
The collective number of ATMs introduced by the pioneer banks offering theVietQRCash service constitutes more than 60% of the total ATMs currentlyavailable in the market. This substantial presence is anticipated to enhancecustomer satisfaction with the innovative service.
Minh said: "Upon the successful launch with the initial eight banks, NAPASis poised to extend the connection of the VietQRCash service across the entiremarket within this year. This expansion aims to enhance the ecosystem ofdigital platform products and services, catering to diverse paymentrequirements and endorsing digital transformation endeavours across all sectorsof the economy."
This service signifies a significant milestone in the ongoing journey todigitalise bank-related payment products and services.
According to data from the Payment Department of the State Bank of Vietnam,non-cash payment transactions experienced a remarkable growth rate of over 51%during the first half of 2023 compared to the same period last year.
Among various electronic payment methods, the utilisation of QR codesdemonstrated the most substantial growth, increasing by nearly 136% in terms oftransaction volume./.
The National Payment Corporation of Vietnam (Napas) and 14 first banks of Vietnam on June 15 launched the VietQR trademark and quick online money transfer service – Napas 247 using QR codes.
The second Vietnam Card Day is set to take place at Hanoi’s Bach Khoa Stadium between April 16 and 17 with the theme of Tu tin mo loi (Leading the way).
The number of non-cash payment transactions through the National Payment Corporation of Vietnam (NAPAS) nearly doubled in 2022 compared to the previous year.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
A customer scans a QR code to make payment at a convinient store in Hanoi (Photo: VNA) 
