Home Finance

BIDV, Hiroshima Shinkin ink MoU

Dec 22nd at 16:17
22-12-2014 16:17:48+07:00

BIDV, Hiroshima Shinkin ink MoU

The Bank for Investment and Development of Vietnam has signed a Memorandum of Understanding with Japan's bank Hiroshima Shinkin to support Japanese businesses operating in Viet Nam.

The local bank will be the first partner in Viet Nam and is expected to provide banking products and services to small- and medium-d enterprises that are customers of the Japanese bank.

They will include payment accounts, credit, wage payments, consultancy on the trade and investment environment in Viet Nam, taxation, and recruitment. The foreign bank plans to organise a business mission to visit Viet Nam in the coming March to explore investment opportunities.

bizhub

MOST READ

NEWS SAME CATEGORY

Two foreign banks to open Viet Nam branches
FINANCE Dec 22nd at 16:16

Two foreign banks to open Viet Nam branches

State Bank of Viet Nam Governor Nguyen Van Binh has approved the opening of branches by two foreign banks in Viet Nam.

TPBank offers loan to Flexcom Vina
FINANCE Dec 22nd at 16:15

TPBank offers loan to Flexcom Vina

 The TienPhong Commercial Joint Stock Bank (TPBank) on December 18 signed a US$10-million credit contract with Flexcom Vina Company Ltd.

Foreign-currency price fluctuations help some businesses, hurt others
FINANCE Dec 20th at 14:58

Foreign-currency price fluctuations help some businesses, hurt others

The price fluctuations of the US dollar, euro, Japanese yen and Korean won have helped many businesses prosper and hurt others.

Vietinbank offers lower interest rates to new borrowers
FINANCE Dec 20th at 14:47

Vietinbank offers lower interest rates to new borrowers

Vietinbank is offering its new customers six-month term loans for an interest rate of five per cent per annum, vietnamplus.vn reports.

Low inflation leaves room for interest rate cuts
FINANCE Dec 20th at 14:44

Low inflation leaves room for interest rate cuts

nflation is expected to dip lower next year, which could give the central bank room to cutback loan interest rates, according to the Ministry of Planning and...

Short-term foreign lending extended
FINANCE Dec 20th at 14:42

Short-term foreign lending extended

The State Bank of Viet Nam (SBV) will extend short-term foreign currency lending to exporters and petrol importers by one year, in a move to support these...

Ha Noi collects import-export tax arrears
FINANCE Dec 20th at 14:39

Ha Noi collects import-export tax arrears

Hanoi Customs Department has collected VND442.47 billion (over US$21 million) in import-export tax arrears, gaining 81.11 per cent of its target at mid-December.

Survey charts overseas remittances
FINANCE Dec 19th at 15:08

Survey charts overseas remittances

Most overseas remittances to Viet Nam have been used for meeting daily expenses and for purchasing gold, according to the Central Institute for Economic Management...

SBV orders tighter measures for bad debt management
FINANCE Dec 19th at 15:06

SBV orders tighter measures for bad debt management

 The State Bank of Viet Nam (SBV) this week required its branches nationwide to adopt stricter, more comprehensive measures to accelerate progress in restructuring...

Will lending in foreign currencies be stopped sooner than expected?
FINANCE Dec 18th at 13:56

Will lending in foreign currencies be stopped sooner than expected?

Businesses are “reading between the lines” and assuming that they will not be able to borrow money in foreign currencies from early 2015.

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top