Search

    NEWS
    RETAIL BANKING | Cesar Tordesillas, Vietnam
    Published: 01 Mar 11
    1528 views


    China’s Bank of Communications opens Ho Chi Minh branch

    China’s Bank of Communications expanded in Vietnam with its Ho Chi Minh City branch. It has a charter capital of US$30 million.

     

    The Ho Chi Minh City branch will provide payment services in Chinese Yuan to facilitate Vietnamese students in China as well as Chinese investors in Vietnam, according to Hu Huaibang, the Chair of the Board of Directors of the Bank of Communications..

    Chairman of the municipal People’s Committee Le Hoang Quan said he believed that the bank’s branch in HCM City would create favourable conditions for Chinese businesses to invest in Vietnam in general and in HCM City in particular.

    The event will also help bolster cooperation between the twin cities of Ho Chi Minh and Shanghai, he said.



    Sign up for our newsletter

     

    Do you know more about this story? Contact us anonymously through this link.

    Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

    To get a media kit and information on advertising or sponsoring click here.

    Tags: open, Ho Chi Minh, branch

    LATEST RETAIL BANKING JOBS »
    • No jobs posted on this category.
    PRINT ISSUE »

    Subscribe Now
    China moves from WMPs to AMPs

    117 views

    The yin and yang of Qianhai

    109 views

    Malaysian SMEs snub hedging products

    106 views

    MOST READ EXCLUSIVES

    13 most exclusive credit cards in Singapore

    13 most exclusive credit cards in Singapore

    Some of which you’ve probably not heard of.

    by KRISANA GALLEZO
    27 Aug 2014 | 121345 views
     

    11 craziest credit card purchases in Singapore

    11 craziest credit card purchases in Singapore

    Find out if each is worth the outlay.

    by KRISANA GALLEZO
    22 Sep 2014 | 43429 views

    Are Asian banks ready for organizational reshuffling to keep up with regulation shifts?

    Are Asian banks ready for organizational reshuffling to keep up with regulation shifts?

    Singapore banks are lauded for being very ready.

    by STAFF REPORTER
    16 Sep 2014 | 697 views
     

    How Asian banks are dealing with digital banking and social media capabilities

    How Asian banks are dealing with digital banking and social media capabilities

    Are all banks on the same level?.

    by STAFF REPORTER
    9 Sep 2014 | 696 views
    close Don't Show Again

    STAY INFORMED! Get our free weekly newsletter