Business

BIDV teams up with Japan’s top bank

The Bank of Investment and Development of Vietnam (BIDV) has signed a Memorandum of Understanding (MoU) on strategic partnership with Japan’s giant Sumitomo Mitsui Trust Bank (SuMi TRUST).
The Bank of Investment and Development of Vietnam (BIDV) has signed aMemorandum of Understanding (MoU) on strategic partnership with Japan’sgiant Sumitomo Mitsui Trust Bank (SuMi TRUST).

The MoU was inked during Prime Minister Nguyen Tan Dung’s official visit to Japan from December 12-15.

The pact aims to build a strategic cooperation mechanism between BIDVand SuMi TRUST, which are among the leading ones in Vietnam and Japan,in the fields of commercial banking, credit and property management, aswell as training and experience exchange.

On theoccasion, BIDV also signed other memoranda of understanding with theVietnam- Japan Business Association (VJBA) and the Vietnam EconomicResearch Institute (VERI) in Japan to boost trade-investment, tourismand research cooperation, contributing to lifting the comprehensivestrategic cooperation between the two countries to a new height.-VNA
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