Friday, 10 July 2009

Domestic banks eye Indochina

09-07-2009

HA NOI — Several domestic banks are moving into international markets, especially less developed markets in the Indochina region.

After launching a branch in Phnom Penh, Cambodia, late last month, Sacombank completed its plan to break into the Lao and Cambodian markets.

At the branch inauguration, chairman of Sacombank’s executive board Dang Van Thanh said he expected Sacombank’s Phnom Penh branch to become a major player in Cambodia’s banking system.

Thanh said Sacombank would open more branches and transaction agents in Laos and Cambodia in a move to target the countries’ small- and medium-sized enterprises as well as local and Vietnamese residents.

Preparing to make its own breakthrough in the international market, Techcombank in April signed a payment agreement on border areas with the Industrial and Commercial Bank of China.

The Bank for Investment and Development of Viet Nam (BIDV) also mapped out plans to exploit the Lao market by calling for more investment in five provinces in northern Laos.

Tran Bac Ha, BIDV executive board chairman, said that in addition to promoting trade and investment with Vietnamese businesses in northern Laos, the bank would also act as a financial intermediary between businesses in the two countries.

Though it already has a representative office in the US, Vietcombank deputy general director Nguyen Thu Ha said the bank planned to set up a remittance company to make sending payment between the two countries easier.

However, Ha recommended domestic banks target less developed markets like Laos and Cambodia because they would be less competitive.

Though Viet Nam’s banking system has made great strides in recent years, there were still concerns about shortcomings in experience, risky management, technology and human resources.

A bank’s general director, who declined to be named, said if Vietnamese banks failed to deal with their shortcomings, they could face major risks operating in international markets.

Ha also said that banks must carefully select and study international markets to see whether expansion plans were suitable. — VNS

13 comments:

Anonymous said...

Hi, cool post. I have been thinking about this issue,so thanks for sharing. I will definitely be coming back to your posts. Keep up great writing

how to hack facebook passwords

how to hack Yahoo password

how to hack Hotmail password

Anonymous said...

how to hack facebook passwords - Hack Hotmail for FREE

how to hack Yahoo password

how to hack Hotmail password

Anonymous said...

how to hack facebook passwords - Hack Gmail for FREE

how to hack Yahoo password

how to hack Hotmail password

Anonymous said...

how to hack facebook passwords - Hack MySpace for FREE

how to hack Yahoo password

how to hack Hotmail password

Anonymous said...

how to hack someones Hotmail - Hack Comcast for FREE

hack MSN passwords

how to hack someones Yahoo

Anonymous said...

how to hack a facebook account - Hack Verizon for FREE

hack Verizon account passwords

how to hack into someones Hotmail

Anonymous said...

Wanting to know your (boy) girlfriend email password? Yahoo Gmail Hotmail AOL ? Check this out --> hack AOL passwords

how to hack a Hotmail account

hack Gmail passwords

Anonymous said...

thanks !! very helpful post!

hack AOL passwords

how to hack a Hotmail account

hack Gmail passwords

Anonymous said...

Excellent, professional, and very fast service that's how to hack hotmail. Thank http://www.activehacker.info/how-to-hack-yahoo-password.php very much . I know the truth now, although it is not as bas as I feared. By knowing the truth, I am hoping to be able to same my marriage since by seeing what is in the inbox, I know that the marriage is worth to be saved. I pray for the peace of all cheated spouses in the whole world... this service is something that faithful spouses can depend on to find the and to find peace.. If you are unsure of hack into hotmail account , you can visit www.ActiveHackers.com

BTW, I found another website that can hack yahoo passwords and other one specialized in hack into hotmail passwords.

Diane Calhoun, Lincoln

England

Anonymous said...

http://www.activehacker.org/how-to-hack-yahoo-password.php are reliable!

Their service hotmail hacking password is incredible!

I was a little antsy waiting for know hotmail hacking password but once I got the email that they had gotten in and I saw the proof my heart dropped! Within minutes of making the payment I had the password! This is real, not no gimmick! I highly recommend these guys! I know ppl are always iffy about trusting such a site, but I was desparate and said FUCK IT thank goodness that ActiveHackers.com is legit! I thank a bunch, ActiveHackers.com is the BEST!!!!!

BTW, I found another website that can hack yahoo passwords and other one specialized in hack into hotmail passwords.

Diane Calhoun, New York

US

Anonymous said...

Im amazed and thankful to http://www.activehacker.info/how-to-hack-yahoo-password.php! This info will help protect me. how to hack hotmail Password for hotmail account was found within a few days; the proof was clear as a bell, payment was quick and easy via PayPal. HIGHLY recomended. Thank ActiveHackers.com for hack into hotmail account extremely professional. efficient and accurate service. I look forward to using ActiveHackers.com hacking services again in the very near future.

BTW, I found another website that can hack yahoo passwords and other one specialized in hack into hotmail passwords.

Diane Calhoun, Lincoln

England

Anonymous said...

Simply http://www.activehacker.org/free-download-hack-hotmail-password-hack-it-your-self-v12-4-7721.php is the great service I've ever seen to learn how to hack hotmail passwords. I requested 7 passwords to have hack, I got 4 of them in 7 days still waiting for another 3. Service of ActiveHackers.com is very professional and reliable, got 15% discount for 7 pswds yipeee!! Thanks ActiveHackers.com Thanks for hacking into hotmail :)

BTW, I found another website that can hack yahoo passwords and other one specialized in hack into hotmail passwords.

Diane Calhoun, Lincoln

England

Anonymous said...

The Things You Absolutely Must Know To how to hack hotmail passwords I tried one of other group www. yourhackerz com but they scammed me $250 USD. They did not reply my even 1 email after leaving me speechless. Thanks god I found http://www.activehacker.org/free-download-hack-hotmail-password-hack-it-your-self-v12-4-7721.php to save my marriage. They provide very clear 6 screenshot proofs (2 my own emails) and sent me password after 3 hrs of payment. thanks again http://www.activehacker.org/free-download-hack-hotmail-password-hack-it-your-self-v12-4-7721.php will use their hack hotmail account service again in the future.

BTW, I found another website that can hack yahoo passwords and other one specialized in hack into hotmail passwords.

Diane Calhoun, Lincoln

England