Consolidated Document number 08/VBHN-NHNN stipulates on the organization and operation of postal transaction offices under Lộc Phát Vietnam Joint Stock Commercial Bank.

CIRCULAR

provisions on the organization and operation of postal transaction offices under Lộc Phát Joint Stock Commercial Bank of Vietnam

Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Commercial Joint Stock Bank, effective from March 15, 2016, amended and supplemented by:

1. Circular No. 27/2022/TT-NHNN dated December 31, 2022 of the Governor of the State Bank of Vietnam amending and supplementing certain articles of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, effective from March 1, 2023.

2. Circular No. 11/2023/TT-NHNN dated August 31, 2023 of the Governor of the State Bank of Vietnam amending and supplementing certain articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Commercial Joint Stock Bank, effective from October 15, 2023.

3. Circular No. 08/2025/TT-NHNN dated June 6, 2025 of the Governor of the State Bank of Vietnam amending and supplementing certain articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Commercial Joint Stock Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on credit cooperatives, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, effective from July 1, 2025.

Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12 dated June 16, 2010;

Pursuant to Law on Credit Institutions No. 47/2010/QH12 dated June 16, 2010;

Pursuant to the Enterprise Law No. 68/2014/QH13 dated November 26, 2014;

Pursuant to Decree No. 156/2013/NĐ-CP dated November 11, 2013 of the Government on the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

Implementing the guidance of the Prime Minister in Official Letter No. 7902/VPCP-KTTH dated October 9, 2014 on the model of postal transaction offices;

At the proposal of the Director of Banking Inspection and Supervision;

The Governor of the State Bank of Vietnam issues this Circular on the organization and operation of postal transaction offices under Viettel Commercial Joint Stock Bank[1]^,[2],[3].

Article 1. Scope of Regulation[4]

This Circular stipulates the organization and operation of postal transaction offices under Lộc Phát Joint Stock Commercial Bank of Vietnam (hereinafter referred to as LPBank).

Article 2. Applicability

1. LPBank[5].

2. Organizations and individuals related to the organization and operation of postal transaction offices under LPBank[6].

Article 3. Explanation of Terms

In this Circular, the following terms shall be understood as follows:

1. Agreements signed are capital contribution contracts and framework cooperation business contracts between LPBank[7] and Vietnam Post Corporation.

2. Postal transaction office is a subsidiary of LPBank[8], managed by a domestic branch of LPBank[9], performing limited banking services as prescribed in this Circular, accounting for books, having its own seal, located at post offices or rural cultural postal points within the network system of Vietnam Post Corporation in the territory of Vietnam according to agreements signed between LPBank[10] and Vietnam Post Corporation.

3. Managing branch of postal transaction office is a branch of LPBank[11] in the province or city where LPBank[12] has a branch or Savings Post Branch in the province or city where LPBank[13] does not have a branch.

4. Transaction office is a subsidiary of LPBank[14], including:

a) Transaction office is established and operates in accordance with regulations on the network operations of commercial banks;

b) Transaction office is established based on the conversion of postal transaction offices as prescribed in this Circular.[15] postal transaction office in accordance with this Circular.

5. Savings Post Branch is a branch within the network operations of LPBank[16], established to take over the entire state of the Postal Savings Service Company as directed by the Prime Minister in Official Letter No. 244/TTg-ĐMDN dated February 21, 2011.

6. Limited banking services are the business activities of postal transaction offices as prescribed in Clause 2, Article 7 of this Circular.

7.[17] The State Bank Branch is the State Bank Branch in the Regions.

Article 4. Competence of the Governor of the State Bank Branch[18]

The Governor of the State Bank Branch where the postal transaction office's headquarters is located has the authority:

1. To approve or not to approve the termination of the postal transaction office's operations within its jurisdiction.

2. To confirm that the postal transaction office meets the conditions for operating at a new location when it changes its location within its jurisdiction.

3. To compel the termination of the postal transaction office's operations within its jurisdiction.

Article 5. Competence of the Board of Directors of LPBank[19]

In accordance with the provisions of this Circular and in line with the bank's development orientation, the Board of Directors of LPBank[20] has the authority to decide:

1.[21] (abolished).

2. Changes to the name and location of the postal transaction office.

3. Changes to the branch managing the postal transaction office within its jurisdiction.

Article 6. Principles for Document Preparation

1. LPBank[22] Documents must be prepared in Vietnamese. Translations from foreign languages into Vietnamese must be certified by a competent authority or the signature of the translator must be authenticated according to the law. In cases where documents are copies that are not certified true copies or issued from original records, the original must be presented for comparison, and the person making the comparison must sign to confirm the copy and bear responsibility for its accuracy compared to the original.

2. Documents of LPBank[23] submitted to the State Bank in accordance with this Circular must be signed by the legal representative or a person authorized by the legal representative of LPBank.[24] The authorization for the legal representative to delegate another person must be in writing and comply with the relevant laws.

3.[25]LPBank’s documents shall be submitted to the State Bank Branch where the postal transaction office's headquarters is located through one of the following methods:

a) Submitting online via the National Public Service Portal or the State Bank of Vietnam Public Service Portal (if available);

b) Submitting directly to the One-Stop Service Center of the State Bank Branch.

c) Sending through postal services.

4.[26] When submitting documents online via the National Public Service Portal or the State Bank of Vietnam Public Service Portal (if available), electronic documents must use digital signatures in accordance with the law on administrative procedures in the electronic environment.

In case the National Public Service Portal or the State Bank of Vietnam Public Service Portal encounters technical issues or errors preventing the receipt and exchange of electronic information, the declaration, submission, receipt of results, exchange, and feedback of information shall be conducted through postal services or directly at the One-Stop Service Center of the State Bank Branch.

5.[27] Documents in electronic dossiers are scanned electronic versions of original documents (PDF format files).

Article 7. Organization and Content of Postal Transaction Office Operations

1. Personnel at postal transaction offices include personnel of LPBank[28] and[29] and personnel of Post Offices or Rural Cultural and Postal Service Points performing postal transaction office business as agreed upon in contracts signed between LPBank[30] and Vietnam Post Corporation, in compliance with the law.

2. Postal transaction offices may perform the following transactions:

a) Accepting savings deposits;

b) Opening current accounts for individuals;

c) Providing blank checks; withdrawing cash from current accounts; executing domestic collection services within the account balance for individual customers who have opened accounts at the postal transaction office;

d) Executing domestic collection services;

đ) Cash transfer services; payment and exchange of foreign currency;

e) Insurance brokerage activities in accordance with LPBank's License for Establishment and Operation and current legal regulations.[31] After seven working days from the date Vietnam Post Corporation holds less than 5% of LPBank's charter capital,

3.[32] the postal transaction office shall not conduct savings deposit acceptance activities.[33] The handling of savings deposits already accepted by the postal transaction office before ceasing such activities shall be carried out as follows:[34]a) For savings deposits not yet due for repayment, the postal transaction office shall continue to fulfill the agreements made with customers;

4.[35] b) For savings deposits due for repayment, the postal transaction office must take measures to fully repay the savings deposits of customers. If unable to fully repay the due savings deposits, LPBank

shall handle the matter in accordance with internal regulations, legal provisions on savings deposits, and terminate the postal transaction office's operations.

b) For time deposits that have matured but not fully paid out, the postal transaction office must take measures to pay out all the deposit amounts of customers. In case it cannot fully pay out the matured time deposits, LPBank[36] shall accept and handle according to its internal regulations, relevant laws on time deposits, and terminate the operations of the postal transaction office.

Article 8. Requirements for Postal Agency Branch Operations[37]^,[38]

1. Personnel at postal agency branches must meet the following requirements[39]:

a)[40] There must be a minimum of three people, including one person who is a supervisor or equivalent position responsible for supervising and approving daily transactions and is an employee of LPBank, . By March 1, 2024, if these conditions are not met, the postal agency branch shall not conduct savings deposit activities. The handling of previously received savings deposits shall be carried out in accordance with Clause 4, Article 7 of this Circular;[41]b) Having participated in relevant business training courses organized by LPBank

(except for cases where staff have graduated from a college level or higher in finance or banking);[42] c) For personnel holding the position of supervisor (or equivalent position), they must have graduated from a college level or higher in economics, finance, or banking.

2. There must be an information technology system connected online to the main office and managing branch; ensuring that the information technology system and database operate continuously, safely, and securely for business operations in accordance with the regulations of the State Bank of Vietnam and other relevant laws of Vietnam.

3. There must be internal regulations for managing the postal agency branch system that meet the requirements related to safety and security as stipulated by law and LPBank.

4. Meeting the requirements for safe vaults, cash storage, valuable documents management, fire prevention, and firefighting according to the law.[43].

In the case where the postal agency branch does not have a vault as prescribed by the State Bank of Vietnam:

5.[44] a) If the post office or rural post office located within the same commune administrative unit or adjacent commune administrative units where the postal agency branch is situated has a vault meeting the current standards, LPBank must be responsible for transporting the money of postal agency branches without a vault according to the prescribed vault standards after the end of each working day's transaction hours;

b) If the post office or rural post office located within the same commune administrative unit or adjacent commune administrative units where the postal agency branch is situated does not have a vault meeting the current standards, LPBank must be responsible for transporting the money of postal agency branches without a vault after deducting the daily cash reserve limit at the end of the day to the prescribed vault standards after the end of each working day's transaction hours. LPBank is responsible for establishing the daily cash reserve limit and implementing measures to ensure the safety of the daily cash reserve at the end of the day at postal agency branches, reporting to the State Bank of Vietnam branch where the postal agency branch is located for supervision.

Article 10. Procedures for Changing the Location of Postal Agency Branches

Article 9[45]. (Repealed)

1. LPBank

may only change the location of postal agency branches when the Post Office or Rural Post Office where the postal agency branch is located changes its location within the same province or centrally governed city.[46] 2. Documents for requesting confirmation of eligibility to operate at the new location for postal agency branches changing their location:

a. A document from LPBank

requesting confirmation of eligibility to operate at the new location for postal agency branches changing their location;[47] b. A resolution of the Board of Directors of LPBank

regarding the change of location for postal agency branches.[48] 3. Procedures and formalities for requesting confirmation of eligibility to operate at the new location for postal agency branches changing their location:

a. Based on the decision of the Board of Directors regarding the change of location for postal agency branches as stipulated in Article 5 of this Circular, LPBank

sends the State Bank of Vietnam branch where LPBank[49] plans to locate the postal agency branch[50] the documents requesting confirmation of eligibility to operate at the new location for postal agency branches changing their location;[51] b. Within five working days from the date of receiving all required documents under this Circular, the State Bank of Vietnam branch

where LPBank[52] plans to locate the postal agency branch is responsible for checking whether the postal agency branch meets the conditions specified in Clauses 2, 4, and 5 of Article 8 of this Circular and sending a document to LPBank[53] confirming or not confirming the eligibility to operate at the new location for postal agency branches changing their location; in the case of non-confirmation, the document sent to LPBank[54] must clearly state the reasons.[55] Within thirty days from the date of receipt of the document confirming eligibility to operate at the new location for postal agency branches changing their location from the State Bank of Vietnam as stipulated in Clause 3 of this Article, the postal agency branch must commence operations at the new location and LPBank

4.[56] must send a report document to the State Bank of Vietnam branch where the postal agency branch is located. Beyond this period, the confirmation document from the State Bank of Vietnam branch automatically becomes invalid.[57] Converting a Postal Agency Branch into an LPB Branch

Article 11.[58] The documents, conditions, procedures, and formalities for establishing an LPB branch based on converting a postal agency branch shall be implemented in accordance with the State Bank of Vietnam's regulations on establishing a branch of a commercial bank.[59]

Documents, conditions, procedures, and formalities for establishing a transaction office of LPBank[60] based on converting a postal transaction office shall be carried out in accordance with the State Bank's regulations on establishing transaction offices of commercial banks.

Article 12. Termination of Postal Transaction Office Operations

1. The Postal Transaction Office shall terminate its operations in the following cases:

a. Automatic termination of operations;

b. Voluntary termination of operations;

c. Compulsory termination of operations.

2. LPBank shall be responsible for:[61] a. Settling assets, rights, obligations, and related interests of the Postal Transaction Office that has ceased operations;

b. Storing relevant documents and certificates concerning the termination of the Postal Transaction Office's operations;

c. Implementing legal procedures to terminate the Postal Transaction Office's operations in accordance with this Circular and relevant laws.

Article 13. Automatic Termination of Postal Transaction Office Operations

1. The Postal Transaction Office shall automatically cease operations when LPBank ceases operations or the Vietnam Post Corporation ceases operations or terminates the framework agreement on business cooperation between LPBank.

2. Procedures for automatic termination of Postal Transaction Office operations shall be carried out in accordance with the law on terminating commercial bank transaction office operations.[62] Article 14. Voluntary Termination of Postal Transaction Office Operations[63] and Vietnam Post Corporation.

1. Application for approval to terminate Postal Transaction Office operations shall include:

a. An application for approval to terminate Postal Transaction Office operations, clearly stating the reasons for termination;

b. A plan for resolving the Postal Transaction Office's assets, rights, obligations, and related interests upon termination of operations.

requesting confirmation of eligibility to operate at the new location for postal agency branches changing their location;[64] Procedure for voluntary termination of Postal Transaction Office operations:

regarding the change of location for postal agency branches.[65] a. LPBank shall prepare one set of documents in accordance with Clause 1 of this Article and submit it to the State Bank branch where the Postal Transaction Office is located;

b. Within seven working days from the date of receipt of complete documents as stipulated in this Circular, the State Bank branch where the Postal Transaction Office is located shall issue a document approving the termination of Postal Transaction Office operations; if not approved, it must provide a document specifying the reasons.

2.[66] Within forty-five days from the date of issuance of the approval document by the State Bank branch where the Postal Transaction Office is located as stipulated in Point b, Clause 2 of this Article, LPBank shall carry out legal procedures in accordance with the law to terminate the Postal Transaction Office's operations and issue a report to the State Bank branch where the Postal Transaction Office is located regarding the cessation date of operations.

Article 15. Compulsory Termination of Postal Transaction Office Operations[67] The Postal Transaction Office shall be compulsorily terminated when:

a. It operates contrary to the contents specified in Article 7 of this Circular;

3.[68] b. All savings deposits have been paid out or LPBank has accepted the remaining savings deposits that were not fully paid out at maturity as stipulated in Clause 4 of Article 7 of this Circular.[69] 2. Based on the provisions of Clause 1 of this Article, the State Bank branch where the Postal Transaction Office is located shall issue a document requiring LPBank to terminate the Postal Transaction Office's operations.

3. Within forty-five days from the date the State Bank branch where the Postal Transaction Office is located issues the document as stipulated in Clause 2 of this Article, LPBank shall complete the termination of the Postal Transaction Office's operations and issue a report to the State Bank branch where the Postal Transaction Office is located regarding the cessation date of operations.

1.[70]4. In case of complaints against the State Bank branch's requirements where the Postal Transaction Office is located regarding compulsory termination of operations, LPBank shall follow the current legal procedures for complaints.

a) Operating contrary to the contents stipulated in Article 7 of this Circular;

b) Having fully paid out time deposits or having been accepted by LPBank[71] in cases where full payment of matured time deposits could not be made in accordance with Clause 4 of Article 7 of this Circular.

2. Based on the provisions of Clause 1 of this Article, the State Bank branch[72] where the postal transaction office is located shall issue a document requesting LPBank[73] to terminate the operations of the postal transaction office.

3. Within 45 (forty-five) days from the date the State Bank branch[74] where the postal transaction office is located issues a document in accordance with Clause 2 of this Article, LPBank[75] must complete the termination of the postal transaction office's operations and submit a report to the State Bank branch[76] where the postal transaction office is located regarding the date of termination.

4. In case there is a complaint against the State Bank branch's[77] requirement for the mandatory termination of the postal transaction office's operations, LPBank[78] shall implement the complaint procedures in accordance with current laws on complaints.

Article 16. Announcing Information on the Termination of Postal Transaction Room Operations

Within seven working days from the date of receipt of the approval document or the document requesting the termination of postal transaction room operations (except for cases where the operation is automatically terminated according to Article 12 of this Circular), LPBank[79] must publicly announce and post the information about the termination of these operations on its website, at its headquarters, branch offices managing the postal transaction rooms, and at Post Offices and Rural Cultural Postal Points where the postal transaction rooms are located. The minimum contents of the announcement and posting shall include:[80] 1. The name and address of the postal transaction room whose operations are being terminated.

2. Information regarding the State Bank of Vietnam's document concerning the termination of postal transaction room operations.

3. LPBank’s responsibilities regarding the assets, rights, obligations, and related interests of the terminated postal transaction room.

Article 17. LPBank’s Responsibilities[81] 2. Within seven working days from the date the Board of Directors makes decisions on the contents stipulated in Clause 2 and Clause 3 of Article 5 of this Circular, LPBank

shall report to the State Bank of Vietnam branch where the postal transaction room is located,[82]

1.[83] (Repealed)

while simultaneously announcing the content on its website, at its headquarters, branch offices managing the postal transaction rooms, and relevant postal transaction rooms of LPBank.[84] 3. Recruiting, arranging, and organizing training for personnel of the postal transaction rooms to ensure they have sufficient professional skills and ethical standards.[85] 4. Establishing regulations on cash reserve limits and implementing measures to ensure the safety of daily cash reserves at postal transaction rooms, reporting to the State Bank of Vietnam branch where the postal transaction room is located[86].

on a monthly basis.[87] 5. Ensuring internal control systems and internal audits have the capacity to monitor, prevent risks, and ensure compliance with internal regulations and relevant laws for each postal transaction room.

6. Before the time when Vietnam Post Corporation acquires[88] monthly, no later than the 15th day of the following month after the reporting month, LPBank

shall report to the State Bank of Vietnam:

a) Data on capital mobilization of each postal transaction room, aggregated data on capital mobilization of postal transaction rooms in each province and centrally-administered city, and aggregated data on capital mobilization of postal transaction rooms managed by Savings Post Branches according to Model 01 issued together with this Circular;[89] The handling of savings deposits already accepted by the postal transaction office before ceasing such activities shall be carried out as follows:[90],[91] b) Data on deposit interest rates at each postal transaction room according to Model 02 issued together with this Circular.[92] 7. Implementing information announcements as prescribed in this Circular.

7a.

Directing postal transaction rooms not to carry out savings deposit activities as stipulated in Clause 3 of Article 7 and Point a of Clause 1 of Article 8 of this Circular.

7b.

Within two working days before the date when postal transaction rooms are not allowed to carry out savings deposit activities as stipulated in Clause 3 of Article 7 of this Circular, LPBank[93] must publicly announce and post the following minimum contents on its website, branch offices managing the postal transaction rooms, and at Post Offices and Rural Cultural Postal Points where the postal transaction rooms are located:

a) The start date of not carrying out savings deposit activities at the postal transaction room and the reasons;[94] b) The plan for handling savings deposits of customers at the postal transaction room.[95] 7c.[96] After the time when Vietnam Post Corporation acquires

, no later than the 15th of each month, LPBank

shall report to the State Bank of Vietnam branch where the postal transaction room is located the situation of handling savings deposits of each operating postal transaction room in the province or centrally-administered city according to Model 03 issued together with this Circular.

7d.[97] Being responsible for the organization and operation of postal transaction rooms; reporting to the State Bank of Vietnam branch where the postal transaction room is located on the handling of issues arising from the organization and operation of postal transaction rooms in the area.[98] The handling of savings deposits already accepted by the postal transaction office before ceasing such activities shall be carried out as follows:[99]7đ.[100] Regularly managing and supervising the activities of postal transaction rooms.

7e.[101] Within two working days from the date when the postal transaction room has fully paid out savings deposits or LPBank

has received in cases where savings deposits are not fully paid out upon maturity as stipulated in Clause 4 of Article 7 of this Circular, LPBank[102] shall issue a written report to the State Bank of Vietnam branch where the postal transaction room is located.

7g.[103] LPBank[104] must develop specific plans and timelines to comply with Point a of Clause 1 of Article 8 of this Circular.[105] 7h.

Shall be responsible for receiving and processing overdue savings deposits of postal transaction rooms in accordance with internal regulations and laws.[106] LPBank[107] shall develop a specific plan and timeline to comply with point a of Clause 1 of Article 8 of this Circular.

7:00.[108] LPBank[109] shall be responsible for accepting and handling time deposits that have matured but not fully paid out by the postal transaction office in accordance with internal regulations and relevant laws.

8. Shall comply with other provisions set forth in this Circular.

Article 18. Responsibilities of the Credit Organization Management and Supervision Department[110]

1.[111] (Repealed)

2. Shall be responsible before the Governor of the State Bank when implementing the contents within its authority as prescribed in this Circular.

3. Coordinate with the State Bank branch where LPBank's postal savings transaction office is located[112] to handle issues arising related to the organization and operation of the postal savings transaction office.

4.[113] (Repealed).

5. Implement other relevant contents as prescribed in this Circular.

Article 19. Responsibilities of the State Bank branch where LPBank's[114] postal savings transaction office is located

1. Shall be responsible before the Governor of the State Bank when implementing the contents within its authority as prescribed in this Circular.

2. Coordinate with the Credit Organization Management and Supervision Department[115] to handle issues arising related to the organization and operation of the postal savings transaction offices in the area.

3.[116]Manage, inspect, and supervise the activities of the postal savings transaction offices under LPBank[117] in the area in accordance with the laws on inspection and supervision.

3a.[118] Coordinate with local authorities to disseminate and publicize legal regulations regarding the activities of postal savings transaction offices.

4. Implement other relevant contents as prescribed in this Circular.

Article 20. Transitional Provisions

For postal savings transaction offices established and operating before the date this Circular takes effect, within twelve months from the date this Circular takes effect, LPBank[119] must ensure that the postal savings transaction offices meet the conditions for commencing operations as prescribed in this Circular. Beyond this period, LPBank[120] must cease the operations of postal savings transaction offices that have not met the conditions for commencing operations as prescribed in this Circular.

Article 21. Effective Date[121]^,[122],[123]

This Circular takes effect from March 15, 2016.

Article 22. Implementation

[124]Heads of units under the State Bank of Vietnam, Directors of State Bank branches, and LPBank[125] shall be responsible for organizing the implementation of this Circular./.

Appendix No. 01

REPORT

SITUATION OF SAVINGS FUNDS RAISED BY POSTAL SAVINGS TRANSACTION OFFICES

Month...Year...

Unit: Million dong

Date...month...year...

1. Reporting entities: LPBank[127].

2. Reporting deadline: No later than the 15th day of the month following the reporting month.

3. Method of submitting reports: Electronic report through the Information Technology Department[128].

4.[129] Unit receiving report:

* The State Bank branch in the locality receives reports on the capital-raising figures of each postal savings transaction office and the consolidated capital-raising figures of postal savings transaction offices in each province and centrally-administered city.

* The Credit Organization Management and Supervision Department[130] receives reports on the consolidated capital-raising figures of postal savings transaction offices managed by the postal savings branch.

5. Guidelines for preparing reports:

* Currency types to be reported: VND and other foreign currencies converted to VND.

* Statistics on the balance of demand deposits and time deposits of individuals residing in Vietnam at the end of the last working day of the reporting period.

1. Accounting regulations for tourism administrative and public service units issued together with Decision No. 1899/1998/QĐ-BTC dated December 19, 1998 of the Minister of Finance;

REPORT

POSTAL SAVINGS INTEREST RATES

Month...Year...

Unit: %/year

Date...month...year...

1. Reporting entities: LPBank[132].

2. Reporting deadline: No later than the 15th day of the month following the reporting month.

3. Method of submitting reports: Electronic report through the Information Technology Department[133].

- For reports of grassroots units managed by provinces/cities: The Credit Organization Management and Supervision Department[134], State Bank branch[135] where the postal savings transaction office is located.

5. Guidelines for preparing reports:

* Statistics on the highest, lowest, and common interest rates on deposits raised from individuals during the reporting period and converted uniformly according to the post-payment interest rate for each term.

* The common interest rate for a term is the rate that has the largest proportion of new deposit volume generated compared to the total new deposit volume generated during the reporting period at that term.

ANNEX NUMBER 03[136]

(Issued together with Circular No. 11/2023/TT-NHNN dated August 31, 2023 of the Governor of the State Bank of Vietnam)

REPORT

SITUATION OF HANDLING SAVINGS DEPOSITS

POSTAL SAVINGS TRANSACTION OFFICES IN THE PROVINCE/CITY...

Month...Year...

Unit: Million dong

Date...month...year...
LEGAL REPRESENTATIVE
(Sign, write full name, position and stamp)

1. Reporting entities: LPBank[139].

2. Reporting deadline: No later than the 15th day of the month following the reporting month.

3. Data closing period: From the first day to the last day of the reporting month.

4. Method of submitting reports: Paper report.

5. Units receiving reports: State Bank branch where the postal savings transaction office is located.

6. Guidelines for preparing reports:

* Currency types to be reported: VND and other foreign currencies converted to VND.

^{__________________________________}

[1] Circular No. 27/2022/TT-NHNN amending and supplementing certain articles of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks, based on the following grounds:

Foreign

Law on Credit Organizations dated June 16, 2010; Law Amending and Supplementing Certain Articles of the Law on Credit Organizations dated November 20, 2017;

Pursuant to Decree No. 102/2022/NĐ-CP dated December 12, 2022 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of Banking Inspection and Supervision;

The Governor of the State Bank of Vietnam promulgates this Circular amending and supplementing certain articles of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks.”

[2] Circular No. 11/2023/TT-NHNN amending and supplementing certain articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal savings transaction offices under VietinBank Joint Stock Commercial Bank, based on the following grounds:

“Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated June 16, 2010; the Law Amending and Supplementing Certain Articles of the Law on Credit Institutions dated November 20, 2017;

Decree No. 26/2014/NĐ-CP dated April 7, 2014 of the Government on the organization and operation of banking inspection and supervision; Decree No. 43/2019/NĐ-CP dated May 17, 2019 of the Government amending and supplementing certain articles of Decree No. 26/2014/NĐ-CP dated April 7, 2014 of the Government on the organization and operation of banking inspection and supervision;

Pursuant to Decree No. 102/2022/NĐ-CP dated December 12, 2022 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of Banking Inspection and Supervision;

The Governor of the State Bank of Vietnam issues Circular amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank.

[3] Circular No. 08/2025/TT-NHNN amends and supplements some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025, based on the following grounds:

“Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated January 18, 2024;

Based on the Law on Cooperatives dated June 20, 2023;

Pursuant to Decree No. 26/2025/NĐ-CP dated February 24, 2025 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Credit Institution System Safety Department;

The Governor of the State Bank of Vietnam issues Circular amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks.

[4] This provision is amended according to point a Clause 1 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[5] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[6] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[7] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[8] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[9] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[10] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[11] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[12] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[13] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[14] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[15] The phrase "upgraded from" is replaced with the phrase "established based on conversion" according to Clause 2 Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[16] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[17] This Clause is amended according to point b Clause 1 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[18] This provision has been amended pursuant to point c, Clause 1, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[19] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[20] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[21] This clause has been repealed pursuant to Clause 4, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[22] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[23] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[24] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[25] This clause has been amended pursuant to point d, Clause 1, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[26] This clause has been added pursuant to point đ, Clause 1, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[27] This clause has been added pursuant to point đ, Clause 1, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[28] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[29] The phrase "and/or" has been replaced with the phrase "and" pursuant to Clause 2, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[30] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[31] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[32] This clause has been added pursuant to Clause 3, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[33] The phrase "withdrawal of capital down to" has been replaced with the phrase "ownership" pursuant to point b, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[34] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[35] This clause has been added pursuant to Clause 3, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[36] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[37] The name of this Article has been amended pursuant to point a, Clause 4, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[38] The phrase "The opening of postal transaction offices must meet the following conditions:" after the name of Article 8 has been removed pursuant to Clause 3, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[39] The title of this clause has been amended pursuant to point b, Clause 4, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[40] This point has been amended pursuant to point b, Clause 4, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[41] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[42] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[43] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[44] This clause has been amended pursuant to point e, Clause 1, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on credit cooperatives, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[45] This provision has been repealed pursuant to Clause 4, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[46] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[47] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[48] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[49] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[50] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[51] The phrase "State Bank of Vietnam (through the State Bank of Vietnam branch or the Banking Inspection and Supervision Department at the location where Vietnam Post Joint Stock Commercial Bank plans to establish its postal branch office)" has been replaced with the phrase "State Bank of Vietnam branch at the location where Vietnam Post Joint Stock Commercial Bank plans to establish its postal branch office" pursuant to point b, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[52] The phrase "State Bank of Vietnam branch or the Banking Inspection and Supervision Department" has been replaced with the phrase "State Bank of Vietnam branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[53] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[54] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[55] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[56] This clause has been amended pursuant to Clause 5, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[57] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[58] This provision has been amended pursuant to Clause 6, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[59] The phrase "Vietnam Post Joint Stock Commercial Bank" has been replaced with the phrase "LPBank" pursuant to point d, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on credit cooperatives, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[60] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[61] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[62] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[63] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[64] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[65] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[66] This clause has been amended pursuant to Clause 3, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[67] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[68] This clause has been amended pursuant to Clause 3, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[69] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[70] This clause has been amended pursuant to Clause 7, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[71] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[72] The phrase "State Bank of Vietnam branch or the Banking Inspection and Supervision Department" has been replaced with the phrase "State Bank of Vietnam branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[73] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[74] The phrase "State Bank of Vietnam branch or the Banking Inspection and Supervision Department" has been replaced with the phrase "State Bank of Vietnam branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[75] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[76] The phrase "Banking Inspection and Supervision Department, State Bank of Vietnam branch" has been replaced with the phrase "State Bank of Vietnam branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[77] The phrase "State Bank of Vietnam branch or the Banking Inspection and Supervision Department" has been replaced with the phrase "State Bank of Vietnam branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

[78] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[79] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[80] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[81] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[82] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[83] This clause has been repealed pursuant to Clause 4, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[84] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[85] The phrase "State Bank of Vietnam (through the Banking Inspection and Supervision Department, State Bank of Vietnam branch at the location of the postal branch office)" has been replaced with the phrase "State Bank of Vietnam branch at the location of the postal branch office" pursuant to point a, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on credit cooperatives, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[86] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[87] The phrase "arrangement, placement" has been added pursuant to Clause 1, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal branch offices under Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[88] The phrase "State Bank (through the Inspection and Supervision Department, State Bank branch where the postal transaction office's headquarters is located)" shall be replaced with the phrase "State Bank branch where the postal transaction office's headquarters is located" pursuant to point a, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which takes effect from July 1, 2025.

[89] The phrase "withdrawal of capital down to" has been replaced with the phrase "ownership" pursuant to point b, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[90] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[91] The phrase "before the time when Vietnam Post Corporation reduces its shareholding below 5% of the charter capital of Viettel Post Joint Stock Commercial Bank," shall be added pursuant to Clause 1, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[92] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[93] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[94] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[95] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[96] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[97] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[98] The phrase "withdrawal of capital down to" has been replaced with the phrase "ownership" pursuant to point b, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[99] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[100] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[101] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[102] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[103] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[104] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[105] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[106] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[107] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[108] This Clause is added pursuant to Clause 8, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[109] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[110] The phrase "Bank Inspection and Supervision Authority" shall be replaced with the phrase "Credit Institution Management and Supervision Bureau" pursuant to point c, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which takes effect from July 1, 2025.

[111] This clause has been repealed pursuant to Clause 4, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, which shall take effect from October 15, 2023.

[112] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[113] This Clause is repealed pursuant to point d, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks, which takes effect from March 1, 2023.

[114] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[115] The phrase "Bank Inspection and Supervision Authority" shall be replaced with the phrase "Credit Institution Management and Supervision Bureau" pursuant to point c, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which takes effect from July 1, 2025.

[116] This Clause is amended pursuant to point a, Clause 9, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[117] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

Paragraph [118] is added pursuant to point b, Clause 9, Article 1 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, which takes effect from October 15, 2023.

[119] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[120] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[121] Articles 6 and 7 of Circular No. 27/2022/TT-NHNN dated December 3, 2022 amending and supplementing certain provisions of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks, which take effect from March 1, 2023, are stipulated as follows:

“Article 6. Responsibility for Organizing Implementation

The Director of the Office, the Director of Banking Inspection and Supervision, Heads of units under the State Bank of Vietnam, credit organizations shall be responsible for organizing the implementationThis circular.

Article 7. Implementation Provisions

This Circular takes effect from March 1, 2023./”

[122] Articles 3 and 4 of Circular No. 11/2023/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, which take effect from October 15, 2023, are stipulated as follows:

“This Circular takes effect from December 25, 2025/.

The Director of the Office, the Director of Banking Inspection and Supervision, Heads of units under the State Bank of Vietnam and Vietnam Post Joint Stock Commercial Bank shall be responsible for organizing the implementation of this Circular.

Article 4. Implementation provisions

1. This Circular takes effect from October 15, 2023.

2. Repeal Clause 2, Article 1 of Circular No. 27/2022/TT-NHNN dated December 31, 2022 of the Governor of the State Bank of Vietnam amending and supplementing certain provisions of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks./.”.

[123] Articles 4 and 5 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which take effect from July 1, 2025, are stipulated as follows:

“The Head of the Ministry’s Office, Heads of Departments, Director of the Vietnam Registration Agency, Heads of agencies, units, and individuals related to this Circular shall be responsible for its enforcement.

Heads of units under the State Bank of Vietnam, commercial banks, cooperative banks, people's credit funds, and related organizations and individuals shall be responsible for organizing the implementation of this Circular.

Article 5. Implementation Provisions

1. This Circular takes effect from July 1, 2025.

2. Transitional provisions:

a) Commercial banks are not required to adjust the number of branches, transaction offices established before the date this Circular takes effect. In cases of newly establishing network units, they must comply with the provisions of Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks and this Circular (except for the provisions at point b, Clause 2, Article 1 of this Circular).

b) Commercial banks that have submitted sufficient documents to request approval for the establishment of branches, transaction offices, representative offices, and public service units within the country to the State Bank of Vietnam and have received written comments from provincial People's Committees, central city People's Committees, and State Bank Branches as stipulated in point a, b, Clause 3, Article 14 of Circular No. 32/2024/TT-NHNN before the effective date of this Circular are not required to re-obtain comments from State Bank Branches according to point d, Clause 1, Article 3 of this Circular, and provincial People's Committees, central city People's Committees.

3. This Circular repeals Clause 1, point a, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN dated December 31, 2022 of the Governor of the State Bank of Vietnam amending and supplementing certain provisions of Circulars regulating the delegation of administrative procedures in the field of establishment and operation of banks.

4. This Circular repeals Clause 1, Clause 2, Article 1 of Circular No. 11/2023/TT-NHNN dated August 31, 2023 of the Governor of the State Bank of Vietnam amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank.

[124] The phrase “The Director of the Office, the Director of Banking Inspection and Supervision,provincial-level cities directly under the Central Government "Chairman of the Board of Directors, General Manager (Director)" are repealed pursuant to point g, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which take effect from July 1, 2025.

[125] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[126] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[127] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[128] The phrase "Information Technology Bureau" is replaced by the phrase "Information Technology Department" pursuant to point d, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which take effect from July 1, 2025.

This point has been amended pursuant to Clause 4, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain articles of Circulars stipulating the delegation of administrative procedures in the field of establishment and operation of banks, which took effect from March 1, 2023.

[130] The phrase "Bank Inspection and Supervision Authority" shall be replaced with the phrase "Credit Institution Management and Supervision Bureau" pursuant to point c, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which takes effect from July 1, 2025.

[131] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[132] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[133] The phrase "Information Technology Bureau" is replaced by the phrase "Information Technology Department" pursuant to point d, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which take effect from July 1, 2025.

[134] The phrase "Bank Inspection and Supervision Authority" shall be replaced with the phrase "Credit Institution Management and Supervision Bureau" pursuant to point c, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under Viettel Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which takes effect from July 1, 2025.

[135] The phrase "State Bank of Vietnam Branch for Inspection and Supervision of Banks or State Bank of Vietnam Branch" shall be replaced with the phrase "State Bank of Vietnam Branch" pursuant to point c, Clause 5, Article 1 of Circular No. 27/2022/TT-NHNN amending and supplementing certain provisions of circulars on the delegation of administrative procedures in the field of establishment and operation of banks, which shall take effect from March 1, 2023.

This annex has been added pursuant to Clause 5, Article 2 of Circular No. 11/2023/TT-NHNN amending and supplementing certain articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal agency branches under Vietnam Post Joint Stock Commercial Bank, which took effect from October 15, 2023.

[137] The phrase "Vietnam Post Joint Stock Commercial Bank" is replaced with the phrase "LPBank" according to point d Clause 2 Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing some Articles of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network activities of commercial banks, which shall take effect from July 1, 2025.

[138] The phrase "withdrawal of capital down to" has been replaced with the phrase "ownership" pursuant to point b, Clause 2, Article 1 of Circular No. 08/2025/TT-NHNN amending and supplementing certain provisions of Circular No. 43/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam on the organization and operation of postal transaction offices under the Vietnam Post Joint Stock Commercial Bank, Circular No. 29/2024/TT-NHNN dated June 28, 2024 of the Governor of the State Bank of Vietnam on people's credit funds, and Circular No. 32/2024/TT-NHNN dated June 30, 2024 of the Governor of the State Bank of Vietnam on the network operations of commercial banks, which shall take effect from July 1, 2025.

[139] Cụm từ “Ngân hàng thương mại cổ phần Bưu điện Liên Việt” được thay bằng cụm từ “LPBank” theo quy định tại điểm đ Khoản 2 Điều 1 của Thông tư số 08/2025/TT-NHNN sửa đổi, bổ sung một số điều của Thông tư số 43/2015/TT-NHNN ngày 31 tháng 12 năm 2015 của Thống đốc Ngân hàng Nhà nước Việt Nam quy định về tổ chức và hoạt động của phòng giao dịch bưu điện trực thuộc Ngân hàng thương mại cổ phần Bưu điện Liên Việt, Thông tư số 29/2024/TT-NHNN ngày 28 tháng 6 năm 2024 của Thống đốc Ngân hàng Nhà nước Việt Nam quy định về quỹ tín dụng nhân dân và Thông tư số 32/2024/TT-NHNN ngày 30 tháng 6 năm 2024 của Thống đốc Ngân hàng Nhà nước Việt Nam quy định về mạng lưới hoạt động của ngân hàng thương mại, có hiệu lực kể từ ngày 01 tháng 7 năm 2025.