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Search Results: 54 results for keyword "Mitsui".
Block B gas field development project obtains $832 million in Japanese loans
7 ngày trước
The Japan Bank for International Cooperation (JBIC) and private lenders will provide loans totaling $832 million for the Block B gas field development project, contributing towards resource development by Japanese companies and the promotion of energy transition in Vietnam.
VPBank highlights SMBC deal at AGM
01-05-2024 15:50
Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
Japan's Mitsui announces gas field development plans
01-04-2024 09:57
Mitsui & Co., Ltd. (Mitsui), through its wholly owned subsidiary Mitsui Oil Exploration Co., Ltd. (MOECO), has made a final decision and concluded related contracts with its partners regarding an upstream gas field and a pipeline linking it to a gas-fired thermal power plant.
Japanese lender SMBC acquires 15 per cent stake in VPBank
23-10-2023 17:02
Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
Deputy PM receives leader of Japan's MOECO company
22-09-2023 15:00
Deputy Prime Minister Tran Hong Ha hosted a reception in Hanoi on September 21 for President and CEO of Mitsui Oil Exploration Co., Ltd. (MOECO) Hidenori Harada.
VPBank provides effective support for FIEs
17-05-2023 11:37
In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
Japanese financial behemoths extend SE Asia reach
05-04-2023 08:00
Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
VPBank announces SMBC as foreign strategic investor
27-03-2023 19:00
VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
SMBC divests from Eximbank after 15 years
17-01-2023 12:42
Sumitomo Mitsui Banking Corporation (SMBC) has divested from Vietnam Export Import Commercial Joint Stock Bank (Eximbank) after 15 years of strategic alliance.
SMBC spends over $9 million to scoop up SmartNet shares
15-11-2022 09:13
Sumitomo Mitsui Banking Corporation (SMBC) has inked a deal to form a capital alliance with Smart Net Trading Service JSC (SmartNet) with the purchase of shares valued at $9.36 million.
SMBC scoops up SmartNet shares for over $9 million
14-11-2022 14:59
Sumitomo Mitsui Banking Corporation has inked a deal to form a capital alliance with Smart Net Trading Service JSC with the purchase of shares valued at $9.36 million.
Long An province and Dong Tam Group work with Japan’s Mitsui E&S Machinery
07-09-2022 19:00
Leaders of Long An province and Dong Tam Group from September 4 to 10 had a working session with Japan's Mitsui E&S Machinery to promote bilateral investment between Vietnam and Japan.
SMBC terminates strategic alliance with Eximbank
21-03-2022 15:58
The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
Consumer finance in sights of megabanks
15-03-2022 09:00
The consumer finance industry in Vietnam continues to be buffeted by pandemic-induced turmoil, but certain overseas investors are seeking novel responses to capitalise on the country’s tremendous promise.
Lenders promise investment scale-up
17-02-2022 14:47
The dissolution of a 15-year collaboration between Eximbank and Japan’s Sumitomo Mitsui Banking Corporation, its largest foreign strategic shareholder, could pave the way for a fresh start after a number of financial and internal conflicts plagued the former.
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