National Australia Bank opens first VN rep office

Oct 3rd at 14:28
03-10-2014 14:28:37+07:00

National Australia Bank opens first VN rep office

 National Australia Bank announced on Wednesday that it would open a new representative office in Viet Nam as part of its ongoing investment in Asia.

The flow of trade, people and capital between Asia, Australia and New Zealand had grown exponentially over recent years at around 15 per cent per year and was not showing signs of abating, according to the bank. This represented huge opportunities for Australian and New Zealand businesses.

"As Australia's leading business bank we are committed to helping our customers respond to the opportunities on offer in Asia and supporting them as they expand into new markets," said Asia Chief Executive Officer Daryl Johnson.

Johnson added that the Ha Noi representative office was an important part of the bank's strategic approach to support business customers in the Asian region.

bizhub



NEWS SAME CATEGORY

Da Nang to issue VND1,100 billion bonds

Da Nang municipal authorities plan to raise VND1,100 billion (US$52.3 million) by issuing bonds this year for key infrastructure projects in the city.

Ha Noi opens hotline for tax advice

The Ha Noi Department of Tax has set up a hotline number, 04-38512436, at its office to give advice to citizens and enterprises about tax policies and procedures.

Vietnam businesses use 'bogus shutdown' to evade taxes

All the three businesses set up by Ho Thi Ly shut down when they still collectively owed VND1.6 billion (US$75,308) in taxes, but the Dak Lak Province tax...

Licenses of two foreign banks revoked

The central bank has withdrawn the licenses of two foreign banks, Laos-Vietnam Joint Venture Bank and Credit Agricole Bank, according to a State Bank of Vietnam’s...

HDBank sets up Japan desk

 The Housing Development Commercial Joint Stock Bank (HDBank) and the Japan-based Hyakugo Bank Ltd established a Japan desk at the former yesterday (29th) to...

State bank still plans 12-14% credit growth

The State Bank of Viet Nam's Governor, Nguyen Van Binh, yesterday told the Standing Committee of the National Assembly that banks this year would achieve 12-14 per...

Remittances could total $5b in City

Remittances by overseas Vietnamese through banks and other official channels to HCM City could reach US$5 billion this year, an increase of $1 billion from last...

Remittances to HCM City reach $3.12 billion

Remittances to this city reached US$3.12 billion in the first nine months of this year.

Ministries disagree on budget for development projects

The Ministry of Finance (MOF) is trying to keep expenditures for investment projects at the lowest possible level next year, but the Ministry of Planning and...

Ministry publicizes wages of leaders of state-owned corporations

For the first time, the Ministry of Trade and Industry made public the salary of 120 high-ranking officials at 11 state-owned corporations in 2013.

Bank stocks

Insurance stocks


MOST READ


Back To Top