Zero Fee is a specialized incentive package launched by VietinBank exclusively for pharmaceutical enterprises with "no fee" incentives for many services, especially the issuance of bid bonds. Since the beginning of 2023, the Government's continuous introduction of policies to help facilitate the legal framework for the pharmaceutical industry has helped promote the growth of the industry. The amendment of the Pharmacy Law is also expected to create more momentum for the industry to develop, helping domestic pharmaceutical enterprises expand their market share and pursue higher standards. In response to the increasing demand in the "recovery wave" of the pharmaceutical industry, VietinBank has promptly implemented the Zero Fee package with attractive fee incentives from now until June 30, 2025.

The highlight of Zero Fee is the 0 VND bid bond incentive, which helps businesses get a 100% refund of the bid bond fee when winning a bid and issuing the next bond for that bid package. The incentive applies to all types of bonds such as contract performance bonds, advance payment bonds, warranty bonds, etc.

At the same time, to help businesses optimize cash flow management costs, VietinBank waives service maintenance fees, registration/change of account identification service registration information fees from the date of service use until December 31, 2025. In addition, to meet businesses' needs for buying and selling foreign currencies to import materials, equipment and medicines, VietinBank also offers up to 100 exchange rate points for currency pairs EUR/VND, JPY/VND, USD/VND, helping businesses minimize the risk of incurring losses when buying and selling foreign currencies. Not only that, the Zero Fee program also includes other current incentives for businesses that are being implemented by VietinBank such as: 100% exemption of foreign currency transfer fees for SME businesses on the Golden Day of International Payment (double days such as 7/7, 8/8... and the 15th of each month), exemption of over 20 types of fees with the Account Package, exemption of salary payment service fees and preferential loan interest rates when businesses pay salaries through VietinBank. In particular, businesses in the pharmaceutical, medical supplies and equipment industry participating in the Zero Fee package are also given priority by VietinBank to borrow additional working capital, medium and long term to implement Contracts/Projects/Bidding Packages issued by VietinBank with competitive interest rates. With the Zero Fee package, VietinBank continues to demonstrate its commitment to accompany businesses in general, and pharmaceutical businesses in particular, in every stage of development to overcome challenges and make breakthroughs in development. Not only providing product and service packages that are researched and tailored to the needs of businesses in each period, VietinBank also has a team of professional and experienced staff to advise customers on optimal products and services to bring the best experience to customers. To participate in/find information about the Zero Fee package, businesses can contact VietinBank branches/transaction offices nationwide or Customer Support Center: 1900 558 886 (Hotline dedicated to corporate customers).

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Source: https://vov.vn/doanh-nghiep/vietinbank-tung-goi-uu-dai-phi-zero-fee-danh-cho-doanh-nghiep-nganh-duoc-post1102139.vov