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Vietnam opens first gold ATM

Vietnam opened first gold selling ATM on October 9 2010.

The Eastern Asia Commercial Bank (DongA Bank) opened the first gold-selling Automated Teller Machine in Vietnam at its branch in District 5, Ho Chi Minh City.

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Apart from normal ATM functions, it has a feature that allows users to make direct gold transactions.

Tran Phuong Binh, General Director of DongA Bank, said the machine aims to meet the increasing demands of customers.

The bank is scheduled to produce and install 50 more Gold ATMs over the country by the end of this year, he added.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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