General Director of the General Department of Vietnam Customs (GDVC) Nguyen Van Can and Director-General of the European Anti-Fraud Office (OLAF) Ville Itälä signed a customs administrative cooperation agreement between the Vietnamese Finance Ministry and OLAF in Brussels on December 14.
The Vietnamese Finance Ministry and the World Bank (WB) on January 15 signed an agreement worth 10.5 million USD in non-refundable aid for a technical support project on Ho Chi Minh City’s green transport development.
The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.
The United Kingdom is willing to provide technical assistance to help increase the efficiency of the Vietnamese economy, and intensify cooperation with the country in preventing money laundry, UK Chancellor of the Exchequer Philip Hammond said on July 3.
Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands.
Vietnam’s Finance Ministry and Daiwa Corporation of Japan co-hosted a conference in Tokyo on August 21 to promote financial investment in Vietnam with the attendance of more than 200 Japanese firms.
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