VOV.VN - The Advisory Council for Administrative Procedure Reform of the Prime Minister and the Republic of Korea (RoK) Embassy held a dialogue on July 17 alongside the Korean business community based in Vietnam for the purpose of finding solutions to solve difficulties facing them in the context of the COVID-19 pandemic.
Ambassador of the Republic of Korea to Vietnam Park Noh Wan and the country’s Shinhan Bank on March 31 presented US$213,000 to Vietnam’s fight against the COVID-19 pandemic.
Foreign banks have decided to boost consumer finance loans as the business segment is forecast to maintain double digit growth this year.
Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.
The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.
Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
Investment in Vietnam from the Republic of Korea (RoK) is expected to rise further, increasing demand for labour, according to the Korea Trade-Investment Promotion Agency (Kotra).
An event was held in Ho Chi Minh City on June 3 to help start-ups from the Republic of Korea (RoK) to seek investment opportunities in Vietnam.
Success of foreign banks in Vietnam has been fueling the volume of capital poured into the sector, while these banks are changing their operations to grow.
The Vietnamese Olympic Football Team's ambitious dream of winning the Gold Medal was almost within reach, only to be bested by Korea at the ASIAD 2018 semi-finals, denying them the chance to enter the Asiad finals for the first time ever.
The number of 100% foreign owned banks in Vietnam has increased by twofold in the last two years to nine.
Shinhan Bank Vietnam Ltd has picked coach Park Hang Seo and captain Luong Xuan Truong of Vietnam’s U23 football team as its Brand Ambassadors this year.
An exchange programme promoting Vietnamese startups entitled “Runway to the World” was officially launched in Ho Chi Minh City on January 11.
Two foreign bank names are in the list of top 10 taxpayers – HSBC and Shinhan Bank Vietnam. And both have strong retail banking divisions.
Reaching 100 customer service centers has a become a milestone helping Hanwha Life to further expand its distribution system, provide better customer service, and increase its presence in the local life insurance market.
AIA Vietnam and Shinhan Bank continue their teamwork on digital services, aiming to bring a new series of innovations to consumers.
VOV.VN - Vietnamese tourists, already owning a Visa Platinum credit card issued by Shinhan Bank of the ROK, will be exempt from providing specified documentary evidence of financial capacity, said Jung Chang Soo, CEO of the Korea Tourism Organization during his recent working visit to Vietnam.
Many foreign banks have recently set up wholly-owned operations or opened new branches in Vietnam.
VOV.VN - The Myanmar Government has allowed the Bank for Investment and Development of Vietnam (BIDV) to open its branch in Myanmar.
(VOV) - Vietnam banks have been in a restructuring mode lately as part of their attempt to get the banking system in shape for the Association of Southeast Asian Nations (ASEAN) economic integration at the end of the year, say leading industry analysts.