Updated  
December, 24 2013 09:00:00

BIDV opens new branch in Phnom Penh

A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday.— Photo vov

PHNOM PENH (VNS)— A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday.

This marks a move by the Bank for Investment and Development of Cambodia (BIDC) to increase its strategy of penetrating and building up a firm position in Cambodia's finance and banking system.

The new branch is also expected to meet local demand and boost the development of trade and investment ties between Viet Nam and Cambodia. In 2013, the Cambodia economy has been forecast to maintain its growth of over 7 per cent. As of September, Viet Nam had 126 projects, valued at $3 billion, in Cambodia. Two-way trade is expected to hit $3.5 billion this year. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Light it up with fire on Hue's Truong Tien Bridge Light it up with fire on Hue's Truong Tien Bridge

The 150-year-old Truong Tien Bridge, which spans over the renowned Huong (Perfume) River in Hue City, was lit up by fire in an installation by French artist Carabosse on Friday evening.

Hospital provides free asthma treatment Hospital provides free asthma treatment

The Bach Mai General Hospital will provide free check-up consultations and treatment to newly asthmatic patients on April 26, to mark Global Asthma Day (May 1).

Failure to address water pollution has consequences 1    Failure to address water pollution has consequences

Viet Nam needs to have a comprehensive, unified set of rules to control water pollution in the country, because the problem has assumed very serious proportions, experts and officials said at workshop yesterday.

Tokyo police release VNA flight attendant Tokyo police release VNA flight attendant

Vietnam Airlines announced on Wednesday that the Japanese authorities had released its 25-year-old flight attendant who had been arrested on suspicion of smuggling stolen goods.

Paean to people with disabilities Paean to people with disabilities

A photo exhibition in Dong Nai Province underscores the will and perseverance of 25 disabled people who overcame their situation to lead normal lives.