ANZ sells retail business to Shinhan Bank Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

ANZ has entered into an agreement to sell its Vietnamese retail business to Shinhan Bank Vietnam in a shift to focus on institutional banking in the country, the Australian lender said Friday.

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ANZ Vietnam sells its retail arm to Shinhan Vietnam

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Báo Đầu Tư English 1 month(s) ago 1 related news

ANZ Vietnam will be offloading its retail banking arm to Shinhan Vietnam by the end of 2017, to focus primarily on its institutional banking in the country, ANZ Vietnam said in its latest press release.

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Vietnam lucrative for foreign banks

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Báo Dân Trí English 1 month(s) ago 1 related news

Last month, United Overseas Bank became the first Singaporean bank to receive an approval to open a wholly-owned subsidiary in Vietnam. The decision was announced by the State Bank of Vietnam (SBV) following Singaporean Prime Minister Lee Hsien Loong’s visit to Vietnam on March 21-24. The bank will be the ninth fully foreign-owned bank in Vietnam.

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Vietnam lucrative for foreign banks

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Báo Đầu Tư English 1 month(s) ago 1 related news

Last month, United Overseas Bank became the first Singaporean bank to receive an approval to open a wholly-owned subsidiary in Vietnam. The decision was announced by the State Bank of Vietnam (SBV) following Singaporean Prime Minister Lee Hsien Loong’s visit to Vietnam on March 21-24. The bank will be the ninth fully foreign-owned bank in Vietnam.

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Lenders licensed for foreign currency loans

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Báo Dân Trí English 6 month(s) ago

Foreign banks and credit institutions will be licensed to lend in foreign currencies to export enterprises, which will provide short-term capital to exporters and manufacturers.

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Online shopping craze gives rise to E-card use

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Báo Đầu Tư English 7 month(s) ago

Credit cards are gaining popularity in Vietnam thanks to the rise of online shopping.

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ROK loosens visa policy for Vietnamese tourists

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Báo Đầu Tư English 7 month(s) ago

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.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Đầu Tư English 9 month(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Thanh Niên English 9 month(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Vietnam approves S Korean bank Woori's unit

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Báo Thanh Niên English 10 month(s) ago

Vietnam approves S Korean bank Woori's unit

The central bank has approved South Korean bank Woori's proposal to establish a unit in Vietnam, which will be the sixth fully foreign-owned lender in the country.

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S.Korea's Woori Bank to form Vietnam unit by July

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Báo Thanh Niên English 12 month(s) ago

S.Korea's Woori Bank to form Vietnam unit by July

South Korea's Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender's plans to expand its network in the expanding market of Southeast Asia.

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First Vietnamese bank opens branch in Myanmar

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VietnamNet English 15 month(s) ago 2 related news

First Vietnamese bank opens branch in Myanmar

VietNamNet Bridge - The Bank for Investment and Development of Vietnam (BIDV), along with three other banks from Taiwan, South Korea and India, have been approved by the Government of Myanmar.

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Myanmar grants operating licenses to four more Asian banks

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Báo Thanh Niên English 15 month(s) ago

Myanmar grants operating licenses to four more Asian banks

Myanmar has granted operating licenses to four Asian banks, bringing to 13 the number of foreign banks allowed to conduct business in the previously isolated country.

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South Korea’s Shinhan Investment opens securities firm in Vietnam

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Báo Tuổi Trẻ English 16 month(s) ago

South Korea’s Shinhan Investment opens securities firm in Vietnam

Shinhan Investment Corp., a member of South Korea’s Shinhan Financial Group, inaugurated Wednesday a securities firm in Ho Chi Minh City, as part of its plan to secure new growth globally.

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Korean workers find Vietnam job market lucrative

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VOV News English 19 month(s) ago

Korean workers find Vietnam job market lucrative

(VOV) - The job market prospects in Vietnam for workers from the Republic of Korea (RoK) is nothing short of vibrant, said recruiters in downtown Ho Chi Minh City on December 4 at a Korea-Vietnam job fair.

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