VIB sheds light on FDI picture

June 18, 2012 | 14:11

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Vietnam International Bank is working to give foreign investors the inside word on Vietnam’s macroeconomic and foreign currency exchange situation.

The further this goal a seminar was held at Amata Industrial Park in southern Dong Nai province, one of the most attractive places for foreign direct investment (FDI) in the country, attracting many FDI enterprises and economics experts.

The experts included Fulbright Economics Teaching Programme economics professor Vu Thanh Tu Anh and Ducati Vietnam chairman Bradley Charles Lalonde.

“After working with FDI customers for many years, we’ve found that FDI enterprises are very interested in the economic situation and currency market policies in Vietnam. However, due to the limitations on language and distance, it is not easy for them to obtain updated information and policies. Therefore, VIB has decided to hold a seminar dedicated to this group of customers,” said Vu Thuy Quynh, head of FDI Banking at VIB.

“Especially, through this seminar, VIB is implementing a number of solutions to help enterprises achieve highest operational efficiency,” she added.

VIB was founded on September 18, 1996 and by February 2012 after 15 years of operation, VIB has become one of the leading commercial joint stock banks in Vietnam, with total assets of more than VND100,000 billion ($5 billion).