BIDV and KBIZ-VN promote co-operation

Sep 18th at 14:13
18-09-2020 14:13:20+07:00

BIDV and KBIZ-VN promote co-operation

The Bank for Development and Investment of Viet Nam (BIDV) and the KBIZ Viet Nam Federation of Korea SMES (KBIZ-VN) signed a comprehensive co-operation agreement on Thursday in Ha Noi.

 

Under the agreement, BIDV will provide favourable conditions for KBIZ-VN to participate in conferences and events held by the bank, thus attracting South Korean businesses to invest in Viet Nam. BIDV will also work with KBIZ-VN in advertising banking products and services as well as developing new ones suitable for South Korean firms.

In addition, the bank will provide legal consultancy service, merger and acquisition advice and connecting industrial parks and processing zones in Viet Nam for KBIZ-VN’s members and partners.

KBIZ-VN will facilitate BIDV in meeting with South Korean enterprises as well as providing information of its investors in Viet Nam.

KBIZ-VN has nearly 3.55 million member companies worldwide. Of which, KBIZ-VN is connected more than 2,000 members out of some 8,000 South Korean firms operating in Viet Nam. 

bizhub



NEWS SAME CATEGORY

Commercial banks expect SBV support to disburse capital, says expert

The State Bank of Viet Nam (SBV) should develop policies for commercial banks, helping them disburse capital mobilised from organisations and people, said economic...

Keeping NPLs ratio below 3 per cent a challenge: experts

The COVID-19 pandemic is weighing on the banking system’s non-performing loans (NPLs), requiring significant effort to keep NPLs ratio below three per cent by the...

Chubb Life Vietnam honoured with two new coveted awards

Chubb Life Insurance Vietnam Co., Ltd. has secured two more reputed awards, the Top 10 Most Reputable Insurance Companies 2020 and the Top 500 Fastest Growing...

Steering committee set up to promote financial inclusion

Prime Minister Nguyen Xuan Phuc has signed a decision to set up a national steering committee to promote financial inclusion in Viet Nam.

HDBank receives Global Business Outlook Award 2020

Recently, HDBank has become one of the representatives from Asia to receive the Global Business Outlook Award 2020 conferred by Global Business Outlook Magazine in...

HDBank wins 2 Global Business Outlook awards

HDBank has become one of the Asian winners of the 2020 Global Business Outlook awards given by Global Business Outlook magazine in the categories of “Best...

Bank service revenue to grow next year

Despite a slowdown this year, bancassurance and payment fees are expected to rise and help banks’ service revenue increase in 2021.

Continuing to lure in international funds

Vietnam has recently witnessed a new wave of foreign funds and brokerages, especially from Taiwan and South Korea, to beef up their presence in Vietnam’s financial...

Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance

Citi Asia-Pacific’s leadership and excellence in digital banking has been recognised in the first round of Global Finance’s 2020 World’s Best Digital Banks Awards.

SBV tells banking industry to develop an inclusive finance system

The State Bank of Viet Nam (SBV) urged the banking industry to build an inclusive finance system that serves all members of society in Viet Nam in Ha Noi on...

Bank stocks

Insurance stocks


MOST READ


Back To Top