13-09-2024 11:48
Mitsui & Co., one of Japan's largest general trading companies, is keen on expanding its investment in Vietnam's agricultural industry.
16-08-2024 09:44
Tasco has finalised an agreement with Mitsui & Co., Ltd. (Mitsui) that designates Mitsui as a strategic shareholder in Tasco Auto, a subsidiary.
09-07-2024 11:04
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.