The Bank for Investment and Development of Vietnam (BIDV) is working to open a commercial bank in Myanmar.
According to BIDV Chairman Tran Bac Ha, BIDV has rent 3,000 sq.m in the Hoang Anh Gia Lai Myanmar Centre project in Yangon to establish the affiliate’s headquarters and transaction place and is ready to invest in a modern information technology system and personnel preparation.
The bank has also proposed cooperation with Myanmar’s Small and Medium Industrial Development Bank (SMIDB) in improving banking services and information technology capacity for the latter.
In April 2010, BIDV established its representative office in Myanmar.-VNA
According to BIDV Chairman Tran Bac Ha, BIDV has rent 3,000 sq.m in the Hoang Anh Gia Lai Myanmar Centre project in Yangon to establish the affiliate’s headquarters and transaction place and is ready to invest in a modern information technology system and personnel preparation.
The bank has also proposed cooperation with Myanmar’s Small and Medium Industrial Development Bank (SMIDB) in improving banking services and information technology capacity for the latter.
In April 2010, BIDV established its representative office in Myanmar.-VNA
