Business

Vietinbank signs 100-million-USD syndicated loan agreement

The Vietnam Joint Stock Commercial Bank of Industry and Trade (Vietinbank) has signed a syndicated loan agreement worth 100 million USD with eight foreign financial institutions.
Vietinbank signs 100-million-USD syndicated loan agreement ảnh 1At an office of Vietinbank. (Photo infomoney.vn)

Hanoi (VNA) – The Vietnam JointStock Commercial Bank of Industry and Trade (Vietinbank) has signed asyndicated loan agreement worth 100 million USD with eight foreign financialinstitutions.

The institutions are Deutsche Bank AG –Singapore branch, Commerzbank AG – Luxembourg branch, Erste Group Bank AG,E.SUN Commercial Bank Ltd., CTBC Bank Co.Ltd Singapore, First Commercial Bank –Overseas branch, State Bank of India-Singapore, and Taishin International Bank.

The signing of the agreement has not onlyasserted the prestige of Vietinbank on the international financial market butalso reflected the confidence of investors as well as international financialinstitutions, said Tran Minh Binh, Vietinbank Deputy General Director.

He spoke highly of the cooperation witheight banks under the arrangement of the Deutsche Bank AG – Singapore branch,adding that the agreement will open up more opportunities for collaboration betweenVietinbank and these partners.

With this 100 million USD, Vietinbankpledges to better serve capital demand of major Vietnamese enterprises, headded.-VNA
VNA
#Vietinbank #Vietnam Joint Stock Commercial Bank of Industry and Trade #State Bank #Commercial Bank #Vietnamese enterprises #international financial institutions #financial institutions. Vietnamplus #Vietnam Government #Vietnam News #Vietnam News Agency
Follow VietnamPlus

Related News

Local stocks rise on bargain hunting

Local stocks rise on bargain hunting

Vietnamese shares rebounded in both local markets on June 28, boosted by investors’ bottom-picking on expectations the market will soon return to an upward trend.

See more

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months of 2026, earning more than 6 billion USD. (Photo: VNA)

Vietnamese coffee exports poised for strong finish toward year-end

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months, earning more than 6 billion USD. Export volume rose by over 10% year on year, while export value fell by 11.2% due to lower export prices.

Ciputra is one of the landmark projects representing the presence of Indonesian investment in Vietnam since the first wave of FDI. (Photo: bietthu-ciputra.vn)

Foreign capital seeks stronger foothold in Vietnam through M&A

Foreign investors carried out 1,815 capital contribution and share purchase transactions in Vietnam in the first seven months of 2026, with total capital exceeding 6.5 billion USD. While the number of transactions fell 8.4% year-on-year, their value rose 61.6%.

At the Vietnam- Myanmar Business Forum in Hanoi on September 6 (Photo: VNA)

Myanmar President pledges to facilitate Vietnamese investment

Myanmar calls for Vietnam's cooperation in digital infrastructure development, cybersecurity, digital transformation, public services, information technology, and digital payment systems, as well as in fostering an innovation-driven business environment.

Using AI to search and process legal information (Photo: VNA)

Legal profession reshaped in age of artificial intelligence

In Ho Chi Minh City, digital transformation in the legal profession is not simply about introducing more technology into professional practice. It must also create ways of working that ensure technology serves people, while lawyers retain control and responsibility for the quality of legal services. This is particularly important in a metropolis with a large-scale economy and diverse legal needs.

Activities in Chan May Bay, part of the Chan May–Lang Co Economic Zone in Hue city. (Photo: VNA)

Hue steps up investment drive in Chan May–Lang Co Economic Zone

Covering more than 27,000ha, the Chan May–Lang Co Economic Zone is emerging as a key economic, urban, industrial and eco-tourism centre in southeastern Hue, with functional areas dedicated to seaports, industry, non-tariff activities, urban development and tourism.

The Ministry of National Defence's inter-agency inspection team visits La Gi Fish Port in Phuoc Hoi ward, Lam Dong province. (Photo: VNA)

Lam Dong's IUU fishing prevention efforts inspected

According to the Lam Dong provincial IUU Fishing Prevention Steering Committee, all 8,177 fishing vessels measuring at least 6 metres in length have been registered and updated in the national fisheries database VNFishbase.

A member of Minh Quang Cooperative in Hung Yen province works on a farm. (Photo: VNA)

Vietnam aims to link half of farm cooperatives with enterprises by 2030

The Ministry of Agriculture and Environment will promote links between cooperatives, enterprises, science and technology organisations and other economic entities along with carrying out programmes to develop concentrated agricultural, forestry and fisheries raw material areas and enhance value chain production.

The night-time economy is increasingly seen as an important avenue for Vietnam’s tourism sector to extend visitors’ stays (Photo: VNA)

Revitalising growth momentum for night-time economy

The night-time economy has moved beyond being merely an add-on service to become a new growth driver for tourism. Night-time activities can “awaken” familiar heritage spaces and breathe new life into them. Art, light and music experiences after dark can create distinctive attractions while meeting the desire of middle- and high-end visitors to explore cultural depth.

A livestream session promotes green-skinned pomelos grown in Cho Lach commune, Vinh Long province. (Photo: VNA)

E-commerce reshapes rules of game

Once fixed fees, payment fees, infrastructure charges and service packages are included, sellers may have to spend around 24.5-27.6% of their revenue on platforms. The figure shows that the era of easy selling and low costs in e-commerce has officially come to an end.