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Vietnam Agrees to Allow Expedited Entry for Biz People from S. Korea

Vietnam Agrees to Allow Expedited Entry for Biz People from S. Korea

SEOUL, Dec. 4 (Korea Bizwire) — Vietnam will allow coronavirus quarantine exemptions to business travelers and their families from South Korea from the beginning of next year as part of efforts to shore up economic exchanges despite the pandemic, the foreign ministry said Friday. The two countries reached the agreement when Seoul’s Second Vice Foreign [...]

HDBank Wins Award for Outstanding International Payment Service for 3rd Consecutive Year

HDBank Wins Award for Outstanding International Payment Service for 3rd Consecutive Year

HO CHI MINH CITY, VIETNAM, Nov. 30 (Korea Bizwire) – For its almost 100 per cent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB)has received the MT202 and MT103 STP awards for international payment servicesfrom J.P. Morgan Chase Bank. This is the third year in [...]

HDBank Remains on High Growth Path in Q3, Aids Business Community amid Pandemic

HDBank Remains on High Growth Path in Q3, Aids Business Community amid Pandemic

HO CHI MINH CITY, VIETNAM, Nov. 3 (Korea Bizwire) – The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits (separately) of VND3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase of 31.9 per cent and equivalent to 107 per cent of the target. The [...]

HDBank Issues Convertible Bonds to Strategic Partner Germany’s DEG

HDBank Issues Convertible Bonds to Strategic Partner Germany’s DEG

HO CHI MINH CITY, VIETNAM, Sept. 29 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (“DEG”). DEG will invest in convertible [...]