Topic: vietinbank

Honor expected to bring in a huge volume of foreign investment and create thousands of new jobs in a pivotal emerging economic zone of Vietnam.

State-owned commercial banks such as Vietcombank, VietinBank, and Agribank increased deposit interest rates by 0.8 to 1.3 per cent on September 27. This will likely push up all deposit rates.

VietinBank and the Mitsubishi UFJ Financial Group (MUFG) co-organized the Business Matching Conference 2022 from July 13 to 15, involving the participation of nearly 100 domestic and foreign enterprises. The Conference opened up opportunities for trade links between Vietnamese businesses and leading regional enterprises, helping businesses expand their partner networks, diversify distribution channels, and develop new markets.

Asiamoney magazine has named VietinBank as Best Trade Finance Service Provider in Vietnam. In 2021, the bank’s Trade Finance sales rose 34.2 per cent compared to 2020. In the first five months of this year, it continued to set records, with growth in Trade Finance sales of 41.3 per cent year-on-year.