The Hanoitimes - ASEAN must actively respond to its members’ calls on the South China Sea issues. The Association of Southeast Asian Nations (ASEAN) has not played a significant role in diffusing the heated quarrel among disputants in the South China Sea (SCS), far below what is expected from this group when dealing with a major regional security concern. Illustrative photo But in reality, regional experts argue that ASEAN has interests, responsibilities, and the ability to actively engage in the issue and contribute to the settlement of the disputes, experts said at “The 5th Ocean Dialogue: ASEAN Cooperation in the South China Sea” held on June 18 in Hanoi. ASEAN’s involvement in the South China Sea disputes ASEAN didn’t involve in the SCS, which is called the East Sea in Vietnam, until the end of the Cold War as it was not an immediate security concern of its members. No interest in antagonizing Beijing, ASEAN … [Read more...] about What is ASEAN’s role in settling South China Sea disputes?
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A man walks past a signboard of MUFG Bank in Tokyo, Japan - Photo by Reuters Most recently, Nguyen was country head for global banking at rival Vietnam International Bank. Nguyen will report to Keiji Shiwa, deputy general manager of MUFG’s Hanoi branch, and to Sanjiv Vohra, head of global corporate banking and co-head of investment banking at MUFG for Asia and Oceania region. Theo Vnexpress … [Read more...] about MUFG Bank names head of global corporate banking for Vietnam
The Hanoitimes - Since 2007, The Asian Banker has been publishing the world`s annual ranking of the strongest banks. M&As in Vietnam’s banking industry to heat up in 2019 South Korea’s leading corporations tap into Vietnam’s finance - banking sector Brokerage revises up earnings forecasts for Vietnam banking sector Industry 4.0 has positive impacts on Vietnam's banking sector Vietnam lays out development strategy of banking sector until 2025 Fourteen Vietnamese banks have been recently named in The Asian Bankers’ list of 500 Asia Pacific’s strongest banks in 2018. Illustrative photo. State-run Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) claimed the highest ranking among Vietnamese banks, taking the 29th place, up 19 places against 2017. Private Vietnam Technological and Commercial Joint Stock Bank (Techcombank) took the second spot among 14 banks at 76th, up 25 places, while expanding … [Read more...] about Fourteen Vietnamese banks named among Asia Pacific’s 500 strongest banks
The latest ‘tiger’ economy in Asia is Vietnam as the country emerges as one of the world’s fastest growing economies, said the Qatar National Bank (QNB) in its weekly ‘economic commentary’ published on thepeninsulaqatar.com. The Qatar National Bank has named Vietnam as Asia’s newest ‘tiger’ economy. (Photo: NDO) A range of indicators recorded in the first six months of 2018 demonstrated the booming Vietnamese economy. Its gross domestic product (GDP) grew 7.1% year on year, the fastest since 2011. The output of Vietnam’s manufacturing sector increased 13.1% on year. According to QNB analysts, the manufacturing boom fueled exports to annually surge 20% in the period compared to the 17% increase posted for the entire 2017. The bank attributed manufacturing and export success to Vietnam’s ability to attract a large volume of foreign direct investment (FDI) into sectors like garment, footwear and electronics. FDI … [Read more...] about Qatar National Bank names Vietnam as Asia’s newest ‘tiger’ economy
U23 football coach Park Hang Seo (right) and team captain Lương Xuân Trường. — VNS PhotoViet Nam News HCM CITY — South Korea’s Shinhan Bank has named the Vietnamese U23 football coach Park Hang Seo and team captain Lương Xuân Trường as its Brand Ambassadors for 2018. After the Vietnamese team’s excellent performance at the recent Asian Football Confederation (AFC) U23 Champions Final, Park and Trường have become icons among football fans. “We choose them as ambassadors because they are highly respected by Vietnamese football lovers for their fighting spirit and strong commitment, which inspired and created a solid foundation for the team’s historic achievement,” Shin Dong Min, CEO of Shinhan Bank in Việt Nam, said. In April, Shinhan Bank has already opened four new branches and transaction offices in HCM City and Hà Nội, taking the total number in the country … [Read more...] about Shinhan Bank names U23 football coach, captain brand ambassadors