This agreement is expected to transform remittances into a "dual driving force"—both financial and human resources—for the development of a green and high-tech economy in Ho Chi Minh City.
In the roadmap to transform Ho Chi Minh City into an international financial center, effectively harnessing capital flows from overseas Vietnamese is considered a crucial link. According to the agreement, Nam A Bank commits to collaborating with HCMC C4IR to implement specialized financial programs aimed at attracting and directing remittances into key sectors such as science and technology, green infrastructure, and sustainable development.
Mr. Ha Huy Cuong - Deputy General Director of Nam A Bank (far left) and representatives of HCMC C4IR signed the Memorandum of Understanding in the presence of Deputy Prime Minister Bui Thanh Son and Mr. Nguyen Loc Ha - Standing Vice Chairman of the People's Committee of Ho Chi Minh City. Photo: Nam A Bank.
This collaboration goes beyond simply acting as a financial intermediary. Both sides will jointly mobilize resources to implement an off-budget fund project, focusing on attracting experts and developing talent for Ho Chi Minh City. Through this, remittances will not only support people's livelihoods but also carry the mission of transferring knowledge and technology from the overseas Vietnamese intellectual community back to their homeland.
Domestic banks are actively implementing preferential policies and products to attract this capital, while meeting the increasingly diverse needs of overseas Vietnamese and their relatives. This not only helps to increase the country's foreign exchange reserves but also creates a strong bridge between overseas Vietnamese and their homeland, contributing to the overall development of the economy.
Mr. Ha Huy Cuong, Deputy General Director of Nam A Bank, speaks at the event. Photo: Nam A Bank.
A representative from Nam A Bank stated: “Sustainable development is no longer an option but a prerequisite for prosperity. Through our cooperation with HCMC C4IR, Nam A Bank is committed to playing a crucial financial bridge role. We hope that every transaction of overseas Vietnamese at Nam A Bank is not just a banking service, but a direct contribution to the green and sustainable development of Ho Chi Minh City in particular and Vietnam in general.”
Nam A Bank is a pioneer in implementing the "Happy Hometown" policy with exclusive privileges for overseas Vietnamese, including preferential treatment in products, investments, and experiences.
Customers receive a premium account number, free minimum balance maintenance, free deposits/withdrawals from their payment account, and free domestic money transfers (within and outside the Nam A Bank system) for 5 years from the date of account opening. Customers also receive free use of the Happy Combo - Premium package for 5 years from the date of registration.
On this occasion, units that have made outstanding contributions to the Ho Chi Minh City Economic Forum, including Nam A Bank, during the period 2018-2024, received commendations from the Chairman of the People's Committee of Ho Chi Minh City. Photo: Nam A Bank.
The program adds interest rates of up to 0.2% per year to savings accounts. In addition, customers will receive preferential exchange rates for buying/selling foreign currencies, up to 100 VND/currency. Customers receiving MoneyGram funds will also receive a cash bonus of up to 200,000 VND.
The program also offers investment privileges such as guidance on investment procedures in Vietnam, incentives for opening securities accounts such as tặng Nam A Bank shares, margin loans, etc.
Regarding exclusive privileges, overseas Vietnamese will receive priority transactions via a dedicated hotline and priority service at counters reserved for overseas Vietnamese and their relatives. In particular, customers will also receive free access to the Nam A Bank Premier Lounge at the airport and a travel/golf voucher worth 5 million VND.
In addition, Nam A Bank has also partnered with many important events of the overseas Vietnamese community, such as the World Conference of Overseas Vietnamese, the Overseas Vietnamese Economic Forum organized by the State Committee for Overseas Vietnamese, and the upcoming "Spring in the Homeland 2026" program for overseas Vietnamese in Japan.
Source: https://nongnghiepmoitruong.vn/buoc-di-chien-luoc-thuc-day-tai-chinh-xanh-d792180.html
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