VietinBank is liquidating used ATMs at prices from about 700,000 dong to a few million dong each, with buyers responsible for dismantling and transport. The Hà Giang branch announced on October 14 the sale of one ATM put into use in 2018, which cost 748 million dong; it is broken, no longer meets work requirements, and is fully depreciated with zero book value, with a starting price of 2.2 million dong. Last month, the Bến Tre and Ho Chi Minh City branches liquidated 10 older ATMs in total: Bến Tre offered a lot of six machines from 2007 to 2009 with low configurations and no EMV compliance at a starting price of 4.2 million dong, while HCMC sold four broken machines at 1.5 million dong each. According to the State Bank, people increasingly use cashless payments instead of cash withdrawals; as of late March, the number of ATMs was down 3% year on year and ATM withdrawal transactions fell 9%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ngân hàng rao bán máy ATM cũ giá từ vài trăm nghìn đồng
Read the original on VnExpress ↗
Related news
- Bank Liquidates ATMs from Just VND 700,000 Each
VietinBank's Ha Giang branch is liquidating one ATM, put into use on June 26, 2018, which is broken and has zero residual value, with a starting price of VND 2.2 million including VAT; the buyer pays dismantling and transport costs. Earlier, VietinBank's Ben Tre branch offered a lot of six NCR 77 machines that are fully depreciated, not EMV-compliant and in storage, with a starting price of VND 4.2 million for the lot, or about VND 700,000 per machine, via a one-time sealed-bid tender. VietinBank's HCMC Branch 6 also tendered four old, faulty ATMs at a starting price of VND 1.5 million each.
- What Does the Race to Raise Capital Above 100,000 Billion VND Mean for Banks?
Several Vietnamese banks are raising charter capital above 100,000 billion VND, which could strengthen financial capacity, credit expansion and technology investment. On October 13, the State Bank of Vietnam approved Techcombank's increase of up to 35,731 billion VND; if completed, its charter capital could reach about 106,593 billion VND, the highest in the system and ahead of MB and VPBank. MB has raised its capital to 100,687 billion VND and VPBank to 100,000 billion VND, and VPBank also plans to privately place over 624 million shares with a foreign investor, which would lift its capital to about 106,244 billion VND. State-owned banks VietinBank, Vietcombank and BIDV also aim to boost capital. Experts say larger capital only matters if it is used effectively, alongside strict control of asset quality and risk.
- Several bags holding more than VND 3.3 billion in cash found on top of an ATM
On August 3, a 37-year-old barber and a 42-year-old woman found a bag holding USD 128,514 in cash, more than VND 3.3 billion, sitting openly on top of a Bank of America ATM in Lewisville, Texas. A smaller bag beside it contained 19 checks. The barber reported the find to 911 after a Chick-fil-A branch confirmed the money was not theirs. Police counted the cash by hand twice and then with a machine, confirming none was missing before returning it to the bank. The cash belonged to Bank of America and was managed by Brinks, whose technician had left the bag on top of the machine after a maintenance visit, and police said the case involved no criminal activity. Detective Gina Miller praised the barber's honesty.
- 19-Year-Old Skips College, Sells Hundreds of Orders a Day and Earns VND 21 Billion From One Product
Mike Satterlee, who had just graduated from high school in the US, was selling hundreds of orders a day for CruiseCup's two-can insulated holder after an Instagram post in August 2025. He had 60 3D printers at his facility in New York and estimated it would take about 6 weeks to fill all orders. According to financial documents reviewed by CNBC Make It, CruiseCup generated about $808,000 in gross revenue in 2025 (over VND 21 billion) through its website and TikTok Shop. Before this, he ran Solefully, which he estimated brought in about $250,000 in 2024, and chose not to attend university to focus on the business. CruiseCup now operates 160 3D printers, and he keeps only about $500-1,500 a month because most profit is reinvested.
- Unprecedented in the world: Russia uses a 144 m long, engineless barge to tow a 21,000-tonne nuclear power plant thousands of km to a destination, preparing to achieve another miracle
Russia is operating the Akademik Lomonosov floating nuclear plant, mounted on an engineless barge 144 m long and weighing about 21,000 tonnes, at Pevek in Chukotka since 2020. The 70 MW unit has generated over 1.2 billion kWh, raised its share of the local grid above 60% and avoided more than 400,000 tonnes of greenhouse gas emissions, according to Rosatom. Four further floating plants, each with two RITM-200S reactors expected to reach 106 MW, are under construction to power the Baimskaya copper deposit in the Arctic, with three units operating and one kept as backup. The plants are expected to reach the Arctic before 2031.
- Foreign Investors Sell Hundreds of Billions of Dong in One Bank Stock as VN-Index Gains
Foreign investors were net sellers of about VND 559 billion worth of shares across the market in the final session of the week, including net sales of VND 534 billion on HoSE. VN-Index rose 7.56 points to 1,705 points, with HoSE liquidity near VND 11,000 billion. On HoSE, MBB drew the largest foreign net buying at over VND 100 billion, while VIC led net selling at VND 153 billion. Foreign investors were net sellers of VND 17 billion on HNX and VND 8 billion on UPCOM.
Related markets
Latest news
- Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out
Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.
- Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers
At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.
- UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.
- What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?
X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.