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.
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 has urged Thai firms to grasp opportunities arising from merger & acquisition activities and the equitisation of State-owned enterprises (SMEs).
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.
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