Hanoi (VNA) – The Vietnam JointStock Commercial Bank for Industry and Trade (VietinBank) has agreed to providea number of financial services for corporate customers operating in Vietnam of severalJapanese banks.
The bank struck a trilateral cooperationagreement on December 15with the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) andtwo other Japanese partners - Yamanashi Chuo Bank, Ltd (YamanashiBank) and JoyoBank, Ltd (JoyoBank).
Under the document, VietinBank will providecustomers of JoyoBank and YamanashiBank with financial services includinginformation on market, economy, politics and investment in Vietnam.
The Vietnamese bank will offer consultationsabout authorised agencies’ requirements, advise and arrange requirementsrelated to financial matters such as standby letter of credit, letter ofguarantee, and mergers and acquisitions.
It is also expected to introduce potentialpartners for joint ventures and business as well as provide banking transactionservices such as cash management, e-banking, trade support, foreign exchange,fund products, and other capital markets./.
Credit ratings agency Moody’s has recently ranked the Vietnam Joint Stock Commercial Bank for Industry and Trade the first among nine rated Vietnamese banks in terms of financial strength.
Financial assistance and proper information are among practical measures needed to maximise profit for enterprises exporting to Japan, according to experts.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has signed a syndicated loan worth 200 million USD with 18 international banks in Chinese Taipei.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Customers at VietinBank (Photo: VNA)
