BIDV works with Japanese partners to assist investors
The Bank for Investment and Development of Vietnam (BIDV) has signed memoranda of understanding (MoU) with Japan ’s Minato Bank and the Bank of Yokohama with the aim of strengthening support for Japanese businesses investing in Vietnam.
The Bank for Investment and Development of Vietnam (BIDV) has signedmemoranda of understanding (MoU) with Japan ’s Minato Bank and the Bankof Yokohama with the aim of strengthening support for Japanesebusinesses investing in Vietnam.
As part of theMoUs, the Japanese banks will enable their customers to easily accessinformation on the investment climate and regulations in Vietnam .
The banks will also coordinate with BIDV to providediverse financial and banking services for Japanese customers, such asbank transfers, currency trading, loans, business networks, and supportfor mergers and acquisitions.
Earlier, BIDV set upJapan Desks in Hanoi and Ho Chi Minh City to enhance the provisionof services to customers, including support in the Japanese language.
So far, BIDV cooperates with 17 Japanese financialinstitutions, including SuMi Trust Bank, Bank of Yokohama, ChibaBank and Shinkin Central Bank.
Japan iscurrently the top FDI investor in Vietnam , with over 2,200 Japaneseenterprises investing in the country with a total capital of more than35 billion USD.-VNA
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