Vietnamese, Japanese banks sign MoU on providing financial services

A memorandum of understanding (MoU) was signed between the Housing Development Commercial Joint Stock Bank (HDBank) and Senshu Ikeda Bank from Japan.

According to the (MoU), the HDBank will prove advice and financial services to Senshu Ikeda Bank’s customers when they seek to enter Vietnam. Senshu Ikeda will offer similar services to HDBank’s customers seeking to set up business in Japan.

Two banks will also organise seminars on investment and other events for each other’s customers and exchange personnel.

In 2014, HDB and Japan’s Hyakugo Bank established a Japan desk to support Japanese companies in Vietnam.

This month, the Vietnamese lender together with Banrai Trading Company organised a business-matching seminar for the Vietnamese and Japanese food industries.

Source: VNA