The Export-Import Bank of Korea said on Sunday that it has agreed to open a US$2 billion credit line to Viet Nam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more South Korean companies venture into the fast-growing economy.
The National Bank of Cambodia (NBC) is set to hold the 6th Annual Macroeconomic Conference at the end of this year, which will focus on the Kingdom’s agriculture sector challenges.
FE Credit, Vietnam’s largest consumer finance company in terms of market share, was conferred the Top 10 Asia’s Most Trusted Brands Award at the Asia International Economic Forum 2019 held late last month in Singapore.
The passing of the amended Law on Tax Management by the National Assembly is expected to improve the taxation on e-commerce activities.
The Vietnam Asset Management Company has announced plans to set up a bad debt trading floor in the next two years.
Although nearly 94% of the shareholders of Vietnam Export Import Bank (Eximbank) attended its annual general meeting on June 21, the bank canceled the meeting halfway through the gathering, and once again postponed it due to a dispute among shareholders.
Shinhan Vietnam Finance Company receives its all business licenses, marking a milestone to officially introduce its brand to Vietnamese customers.
Supply chain finance is gaining prominence as the global trade instability brings attention to Vietnam and domestic companies seek opportunities to partner with multinational buyers.
Despite a draft roadmap to apply International Financial Reporting Standards 9 (IFRS 9) compulsorily in Viet Nam from 2025, domestic banks should start preparations now as the complex norms have proved a major challenge for global financial institutions, experts have said.
Shinhan Finance has received its establishment licence and enterprise registration certificate, paving the way for the consumer finance leader to launch a new brand and unceasingly promote transparent and diversified financial solutions built through its customer-oriented strategy.