PM calls on SMBC to expand investment in Vietnam Politics

PM calls on SMBC to expand investment in Vietnam

Prime Minister Nguyen Xuan Phuc suggested Sumitomo Mitsui Banking Corporation (SMBC) further expand its investment in Vietnam during a reception in Hanoi on November 22 for President of Sumitomo Mitsui Financial Group (SMFG) and SMBC President Koichi Miyata.
Japanese banks expand investments in Vietnam Business

Japanese banks expand investments in Vietnam

Some Japanese banks already operating in Vietnam have revealed their plans to expand investments, while others hope to make inroads into the market, according to Dau Tu (Investment) newspaper.
Vietnam seeks stronger ICT links with Japan Sci-Tech

Vietnam seeks stronger ICT links with Japan

Vietnam is willing to coordinate with Japan in ensuring information security, Minister of Information and Communications Truong Minh Tuan told Japanese Minister of Internal Affairs and Communications Sanae Takaichi.
Business

Japanese bank helps facilitate investment in Vietnam

Japan’s Sumitomo Mitsui Banking Corp. (MSBC) is set to help more of its client companies set up business operations in Vietnam, as they are eyeing Vietnam as a destination beyond China to park their next investment.
World

Indonesia to start world’s biggest geothermal power plant

Indonesia will start the construction of a 1.6 billion USD geothermal power plant - set to be the biggest in the world - next year after decades of delay, according to the newly-appointed Indonesian Coordinating Economic Minister Chairul Tanjung.
Business

International finance groups eye Vietnam aviation market

The aviation boom in Asia has caught the attention of international finance groups, who are willing to provide loans to fund aircraft purchase deals, the English language news website VietNamNet Bridge reported, adding that Vietnam has received great considerations from such lenders.
Ha Tinh province woos Japanese investors Business

Ha Tinh province woos Japanese investors

The Ha Tinh Minerals & Trading Company (Mitraco) and Japan’s IME Inc. reached a deal on Zircon and quartz powder products following Ha Tinh province’s conference to woo Japanese investors in Tokyo, Japan on September 25.
Business

Banks look to foreign funds

Many Vietnamese banks are seeking support from foreign partners, including Japanese investors, in a bid to boost their capital.
Business

Vietnam’s Eximbank and SMBC boost cooperation

The Import-Export Commercial Joint Stock Bank (Eximbank) of Vietnam and the Sumitomo Mitsui Banking Corporations (SMBC) marked the 5th anniversary of their strategic alliance in Ho Chi Minh City on February 22.
Business

VietinBank secures foreign banks’ loan

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has secured a loan worth 120 million EUR (155 million USD) from Sumitomo Mitsui Banking Corporation (SMBC) and German Development Bank (KFW) to realise its faster growth in 2013.
Business

Japan helps build power plant in Ha Giang

The Nippon Export and Investment Insurance (NEXI) of Japan will provide 50 million US as Overseas United Loan Insurance (OULI) to Vietnam to build the Bac River hydro-power plant in the northern Ha Giang province.
Society

Japanese bank provides scholarships to Vietnam

The Sumitomo Mitsui Banking Corporations Global Foundation (SMBC) will provide 13,500 USD in scholarships for Vietnamese students, according to the Vietnam International Institute for Education (IIE).