As usual, the 9th China-ASEAN Expo was held in Nanning, Guangxi, China from the 21st to the 25th of September, 2012. The CAEXPO gathered approximately one hundred Vietnamese companies to join in to introduce Vietnamese products, brand name and Vietnam’s image as well to China-ASEAN free trade area and international market.
Since becoming an agent of Western Union (01 April 2010), MHB’s International Banking Department and Western Union Vietnam held two training course for the entire MHB teller in order to improve customer service quality and increase Western Union transaction volume.
The State Bank proposes to provide VND30 trillion (US$1.428 billion) for lending to low-income house renters and buyers, plus investors in social housing projects, at an interest rate of 6 per cent for three years
Existing gold traders are allowed to continue buying and selling gold bars until the end of November
The State Bank of Vietnam has said there will be a one-time issuance of licenses to gold traders that can meet its new requirements for bullion trading, giving other companies six months to quit the business.
Though the banking sector is facing a lot of difficulties, many foreign banks remain eager to “shake hands” with Vietnamese banks. Meanwhile, foreign banks in Vietnam say they can see bright prospects in the market.
Vietnamese Prime Minister Nguyen Tan Dung has told the central bank to take “strong” steps to stabilise the foreign exchange and gold markets, and requested the finance ministry to implement price controls on certain goods.