Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in Ho Chi Minh City in the near future with support from the State Bank of Vietnam.
Hanoi (VNA) – Daegไu Bank of the Republic of Korea (RoK) is preparing to open a branch in Ho Chi Minh City in the near futu🉐re with support from the State Bank of Vietnam.
At a meeting with CEO & Chairman of the bank Park In-Gyu in the RoK on September 13, Secretary of HCM City’s Party Committee Dinh La Thang said his city welcomes Daegu’s plan.
The presence of the bank in the southern metropolis is welcome as a large number of Korean businesses invest in HCM City, he added.
The official said he hopes the branch will come into operation soon to promote the bilateral economic ties.
Daegu’s representative office was set up in HCM City in December 2014.
Cooperation between HCM City and Daegu city since May 2015 has opened up new opportunities for the two sides to implement cooperation projects.-VNA
Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Huu Tin and Consul General of the Republic of Korea (RoK) Park Noh Wan had a working session on June 18 to discuss measures to boost cooperation between the city and RoK localities.
Enterprises from Vietnam and the Republic of Korea are expected to expand cooperation and trade exchange opportunities in the manufacturing, food, cosmetics and consumer goods distribution sectors.
The Korean Trade and Investment Promotion Agency (Kotra) in Hanoi will organise a meeting between local firms and 10 companies from the Republic of Korea (RoK) on September 8.
Secretary of the Ho Chi Minh City People’s Committee Dinh La Thang is visiting the Republic of Korea (RoK) to seek a boost to cooperation in various fields.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
An overview of Ho Chi Minh City (Photo: VNA)
