Want to be in the loop?
subscribe to
our notification
Business News
PM, DPM RECEIVE EXECUTIVES OF FOREIGN BANKS
[05-10-2016] PM Nguyen Xuan Phuc highly appreciated the assistance of the World Bank (WB) for Viet Nam over the recent years, suggesting the lender continue its support for Viet Nam in its socio-economic development, poverty reduction, health care and adaption to climate change.
The PM made that statement at his reception for the WB's newly-appointed Country Director in Viet Nam Ousmane Dione on October 4.
He expected that Mr. Ousmane Dione will inherit and uphold achievements of former WB Country Director in Viet Nam Victoria Kwakwa to promote the relations between Viet Nam and the lender.
He hailed the cooperation between the two sides in establishing Viet Nam Report 2035.
Mr. Ousmane Dione highlighted achievements of the Vietnamese Government and people during their national development process.
He affirmed to do his utmost to strengthen the two sides’ relations, consenting with the Vietnamese PM’s viewpoint that the relations between the WB and Viet Nam are not only in term of finance but also the sharing of experience, knowledge and policy-making.
The same day, Deputy PM Vuong Dinh Hue received Thai Kasikornbank (KBank) President Teeranun Srihoong in Ha Noi.
The Deputy PM welcomed KBank’s opening representative offices in Ha Noi and Ho Chi Minh City since 2014, expressing his support for small and medium-sized enterprises-clients of the KBank in Viet Nam, hoping the bank helps this bloc penetrate other markets in the world in all areas.
The Vietnamese Government is heading to develop one million enterprises by 2020, he said, asking the KBank to enhance investment and development of suitable and high-quality financial services for businesses.
He proposed the KBank join the process of addressing and purchasing weak banks in Viet Nam and take part in Viet Nam’s stock market.
Mr. Teeranun Srihoong asserted that the bank will boost up activities to support small and medium-sized enterprises in Viet Nam and make plans for joining Viet Nam’s stock market in the future.
KBank is a leading banking group in Thailand. Established in 1945, the bank offers consumer banking such as credit card services, and mortgage lending, wealth management, corporate banking services including cash management, international trade financing, lending, deposit-taking and supply chain financing.
Related News
REAL TEST - NOT JUST WORDS
A truly fireproof bag must prove itself through action. SentrySafe FBWLZ0 was put to the test under flames reaching 1,300-2,000°C. Constructed with 4 layers of high-quality materials — not just for marketing, but for real protection. When risks happen, what you need is reliable protection. SentrySafe FBWLZ0 – safeguarding what matters most, even in extreme conditions.
EXCLUSIVE HKBAV MEMBER OFFER DISCOUNT: 15% OFF
Eligibility: HKBAV membersPromotion: Special offer for the 2026 Mid-Autumn FestivalHow to enjoy the discount: Please mention that you are an HKBAV member when placing your order.
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
























