The announcement was made on June 2nd. The account closures scheduled to begin on September 1st. It doesn't look like a seizure. Accounts are given about 60 days to address the problem. "According to Mr. Tuan, unverified accounts may be inactive accounts, abandoned accounts, or accounts with signs of fraud that have been opened widely in the past and are no longer able to be legalized. "

"the whole country had 200 million bank accounts, but after the State Bank required biometric authentication, the number of "live" accounts remaining was 113 million personal account" The whole country has around around 101.6 million people.

Personally I don't like the idea of a cashless society, but I don't see the Vietnam government doing anything illegal here.

My country is giving 10 years and I consider it theft.

60 days, if true, is plain day robbery. I wonder if it is just a freeze after 60 days but you can still recover the balance?