BIDV applies e-trading system
The Bank for Investment and Development
of Vietnam (BIDV) is the first bank in the country to successfully
apply the Reuters Electronic Trading-Automated Dealing (RET-AD) of
Thomson Reuters, the bank announced on Jan. 7.
The Bank for Investment and Development
of Vietnam (BIDV) is the first bank in the country to successfully
apply the Reuters Electronic Trading-Automated Dealing (RET-AD) of
Thomson Reuters, the bank announced on Jan. 7.
BIDV Deputy General Director Hoang Huy Ha said that the application of RET-AD system will help the bank meet customers’ increasing demand for foreign exchange transactions.
The system will also help BIDV minimise mistakes during trading and shorten the time for a foreign exchange transaction and control risks, thus offering it more chances to provide better care for its customers and develop new services.
According to Thomson Reuters Southeast Asian regional Director Alfred Lee, BIDV is one of the fastest RET-AD developers in Asia .
The RET-AD system of Thomson Reuters has been applied by 120 banks and financial institutions in 48 countries worldwide, including UBS, HSBC, ANZ, Standard Chartered and May Bank./.
BIDV Deputy General Director Hoang Huy Ha said that the application of RET-AD system will help the bank meet customers’ increasing demand for foreign exchange transactions.
The system will also help BIDV minimise mistakes during trading and shorten the time for a foreign exchange transaction and control risks, thus offering it more chances to provide better care for its customers and develop new services.
According to Thomson Reuters Southeast Asian regional Director Alfred Lee, BIDV is one of the fastest RET-AD developers in Asia .
The RET-AD system of Thomson Reuters has been applied by 120 banks and financial institutions in 48 countries worldwide, including UBS, HSBC, ANZ, Standard Chartered and May Bank./.
You should also see
Semiconductor workforce development a breakthrough: PM
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
See more
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Business
Top 500 fastest growing enterprises 2024 announced
A ceremony to announce the list of the top 500 fastest growing enterprises in Vietnam (FAST500) and Top 5 and Top 10 real estate - construction - building materials companies in 2024 was held by the Vietnam Report JSC in collaboration with VietNamNet newspaper on April 25.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
