AGRICULTURAL BANK OF CHINA(SH:601288) Zhong Guo Jin Rong Xin Xi Wang·2025-06-10 03:28Group 1 - The successful transaction of a batch of goods from a company in Dongxing City to Vietnam marks the first cross-border trade settlement under the new policy by Vietnam, indicating a significant development in cross-border trade finance [1] - The new policy, effective from February 1, 2025, expands the range of banks eligible for cross-border trade settlement from border areas to all border provinces in Vietnam, enhancing trade facilitation [1] - Agricultural Bank of China (ABC) Guangxi Branch quickly established a professional service team to adapt to the new policy and initiated cooperation with eight Vietnamese banks in the expanded regions [1][2] Group 2 - The collaboration between ABC Guangxi Branch and Saigon Hanoi Bank in Quang Ninh Province significantly improved settlement efficiency for a Dongxing-based import-export company, reducing costs and time for the client [2] - ABC Guangxi Branch has been a pioneer in providing comprehensive financial services for cross-border trade, having established nearly 20 accounts in RMB and VND with Vietnamese banks and facilitating over 200 billion RMB in trade settlements [2]