India bank to launch new branch in Vietnam
Managing director of Indian Overseas Bank (IOB) Nupur Mitra has met with the State Bank of Vietnam Governor to urge the upgrade of its current representative office to a new branch in Ho Chi Minh City .
The new branch would support bilateral trade between the two countries, which reached $1.55 billion in the first five months of this year, an increase of 30 per cent compared to same period last year, said Mitra.
Bilateral trade between Vietnam and India is expected to reach $4 billion by the end of this year.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Top 10 reputable pharmaceutical, medical supply companies in 2024 announced (November 26, 2024 | 09:32)
- PM Pham Minh Chinh meets Ericsson CEO (November 26, 2024 | 08:48)
- How Masan employs dealmaking to build its consumer-retail platform (November 25, 2024 | 16:00)
- Kim Oanh Group: reaching out internationally (November 25, 2024 | 15:35)
- Takeda’s partnerships to deliver innovative medicine and vaccines (November 25, 2024 | 14:00)
- New SABECO R&D brewery to foster employee creativity (November 25, 2024 | 13:00)
- Operators embark on 5G services (November 25, 2024 | 12:00)
- Automating ports with 5G (November 25, 2024 | 10:41)
- Transforming accountancy with sustainability and ESG leadership (November 23, 2024 | 09:00)
- Vietnamese agricultural goods make Chinese e-commerce debut (November 22, 2024 | 20:04)
Mobile Version