Thai KBank becomes the second largest chartered foreign bank in Vietnam
With a charter capital of over US$285 million, KBank is the second largest foreign bank branch in Vietnam by charter capital.
With a charter capital of over US$285 million, KBank is the second largest foreign bank branch in Vietnam by charter capital.
Kasikornbank subsidiary KVision had earmarked US$245 million to invest in Thai and foreign startups, particularly those in Vietnam.
The Japanese bank plans to expand preferential loans to Vietnam, especially in infrastructure development, and commits to a long-term business in the country.
The establishment of an international financial center will give the Vietnamese economy a major boost.
20 May, 09:04 PMVietnam was among a group of six economies out of over 100 countries selected by the US for trade negotiations.
20 May, 01:55 PMLocal economists believe that the surge in modern retail locations will stimulate domestic consumption and enhance market access for Vietnamese products.
20 May, 08:21 AMDigital transformation will be adopted by agencies to minimize processing times for administrative procedures related to land use, planning, investment, construction, taxation, customs, and more.
19 May, 01:31 PMThe government will continue to facilitate, rather than control, the development of the private sector.
19 May, 11:22 AMThe private sector, including business households, currently contributes around 51% of GDP and over 30% of the state budget.
17 May, 02:11 PMStable policy implementation and supporting mechanisms are important for businesses to resolve commercial disputes and international integration.
17 May, 07:53 AMThis move is expected to help Vietnam achieve its national target of having two million businesses by 2030.
16 May, 06:00 PM