Phnom Penh (VNA) – The Joint Stock Commercial Bank for Investment anꦓd Development of Vietnam (BIDV) has received four MasterCard awards for its services for 2014-2015.
The Vietnamese bank is the only in Indochina getting the awards, which were presented during the annual MasterCard’s Indochina Customer Development Forum held in Cambodia recently.
The recognition honours outstanding banks with unique and innovative card products, offering benefits to users and contributing to card development in the Indochina region.
BIDV was awarded for breakthrough in card payments as its customers are enabled to pay their bills through mobile points of sale at home or at any convenient locations.
The co-branded BIDV Vietravel MasterCard product, meanwhile, brought another reward to the bank, as the first in the region to utility card in tourism.
BIDV was recognised among top three leading banks in Indochina in terms of international debit card volume and card acceptance sales.
On November 17, 2015, BIDV was honoured with Outstanding E-banking and Community Bank awards, the second time in a row.-VNA
The Bank for Investment and Development of Vietnam (BIDV) on November 5 signed an agreement to secure a five-year loan worth 200 million USD from the China Development Bank (CDB).
The BIDV has recently put into operation its representative office in Taiwan (China), a step that will enable its access to the international monetary market.
The Bank for Investment and Development of Vietnam (BIDV) will fund the construction of an irrigation system in the northern Lao province of Luang Namtha.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
(Photo: BIDV)
