Ho Chi Minh City will create favourable conditions for Thai-based Kasikorn Bank (KB Bank) to open its branch in the city, the first of its kind in Vietnam, helping diversify local credit and banking activities, Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen has said.
Vietnamese Prime Minister Nguyen Xuan Phuc had a meeting with his Thai counterpart Prayuth Chan-o-cha on the sidelines of the eighth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit (ACMECS 8) in Bangkok, Thailand, on June 15.
Prime Minister Nguyen Xuan Phuc and his entourage arrived in Bangkok, Thailand, on June 15 afternoon for the 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit (ACMECS 8) and the 9th Cambodia-Laos-Myanmar-Vietnam Summit (CLMV 9).
Prime Minister Nguyen Xuan Phuc and a high-ranking delegation of Vietnam paid an official visit to Thailand from August 17-19 at the invitation of Prime Minister of Thailand Prayut Chan-ocha.
Prime Minister Nguyen Xuan Phuc has urged Thai firms to grasp opportunities arising from merger & acquisition activities and the equitisation of State-owned enterprises (SMEs).
The Ministry of Industry and Trade (MoIT) and the Thai Ministry of Commerce jointly organised a workshop to promote trade and investment cooperation between Vietnam and Thailand in Hanoi on May 23.
To aid Thai investors doing business abroad, Kasikorn Bank has become the first bank in Thailand to accommodate transactions in all the currencies of the ASEAN+3 grouping.
Deputy Prime Minister Vuong Dinh Hue suggested Thailand’s Kasikorn Bank (KBank) offer more quality financial services suitable for Vietnam as the country aims to have 1 million businesses by 2020.
The number of banks from ASEAN countries is expected to increase in Vietnam in the coming years as the domestic banking market opens following the carrying out of regional integration commitments.
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