Agribank enhances cooperation with Japan’s Yanmar Group
Deputy General Director of the Vietnam Bank for Agriculture and Rural Development (Agribank) Pham Toan Vuong has had a working session with representatives from Yanmar, a Japanese agricultural machinery manufacturer.
A transaction office of Agribank (Photo: Agribank)
Hanoi (VNA) – Deputy General Director of the Vietnam Bank forAgriculture and Rural Development (Agribank) Pham Toan Vuong has had a working sessionwith representatives from Yanmar, a Japanese agricultural machinery manufacturer.
At the September 11 working session, the two sides reviewed their past cooperationand discussed potential for future collaboration.
In October 2017, Yanmar Vietnam and Agribank signed an agreement on cooperationin implementing solutions, support policy packages and strategic cooperation programmesthrough Yanmar’s official agents and the network of branches and transactionoffices of Agribank nationwide.
After nearly one year, Agribank has created conditions for its customers to getloans to purchase machinery and equipment distributed by Yanmar Vietnam in linewith the bank’s current regulation and Vietnamese law.
By August 31, 2018, the Agribank system had provided loans worth over 200billion VND (8.58 million USD) in total for 430 customers.
Yanmar Vietnam has also realized its commitment when partnering with the Agricultural Bank Insurance Company (ABIC) to present machinery insurance to all Agribank customers who borrow money to buy agricultural machines.
Aribank and Yanmar Vietnam have regularly coordinated in carrying out projectsfor more than 1,000 credit staff and clients.
In the coming time, the two sides will deploy a nationwide mortgage programme,focusing on the Mekong and Red River Deltas, as well as organise customer seminarsand machine performances. Over 100 of such events are expected to be held between nowand March 2019.
Speaking at the working session, Vuong said Agribank will support Yanmar inpromoting its products through the bank’s lending team.
He expressed his belief that Agribank will continue to be an important bridge forVietnamese farmers to access modern technology and high quality machines fromforeign countries, especially Japan.-VNA
The Government of Vietnam is committed to implementing initiatives of the Greater Mekong Sub-region (GMS), including those on high-tech organic agriculture, said Prime Minister Nguyen Xuan Phuc.
The Vietnam Bank for Agriculture and Rural Development (Agribank)’s branch in Quang Ngai has funded 5 billion VND (219,750 USD) for the central coastal province to upgrade the Ly Son kindergarten.
The Vietnam Bank for Agriculture and Rural Development (Agribank) has so far provided more than 5.1 trillion VND (219.3 million USD) in soft loans for hi-tech agricultural projects across Vietnam.
Farmers who purchase agricultural machines of Tata International Vietnam Company Limited will be supported by the Vietnam Bank for Agriculture and Rural Development (Agribank).
How to ensure financial sustainability and long-term financial services for the poor at the same time remains a headache for both policy makers and financial service suppliers.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
A transaction office of Agribank (Photo: Agribank) 
