Viet Nam News reporter Thu Ngan talks with exclusives from companies to share their view about the development, the trend and the security of cashless payment in Viet Nam in the coming time.
The Orient Commercial Bank (OCB) on Thursday announced that it would become one of the first banks in Việt Nam to apply software defined networking (SDN), a new technology standard expected to be widely used in the near future.
The World Bank''s International Finance Corporation (IFC) and Orient Commercial Bank (OCB) on Wednesday signed a cooperation agreement on a US$100 million credit package and a consultancy programme to promote supply chain financing.
Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach VND1,000 trillion (US$4.38 billion) by 2020 and grow at 29 per cent annually.
BNP Paribas has offloaded its entire stake of over 74.7 million shares, or 18.68 per cent of capital, in Orient Commercial Bank (OCB), ending the 10-year alliance between the two banks.
The Viet Nam Opportunity Fund (VOF), managed by VinaCapital Group, invested US$11 million into the Orient Commercial Bank (OCB), owning nearly 5 per cent stake in the bank.
The Orient Commercial Bank signed an agreement on Thursday with the Tan
Cang-Long Binh Inland Container Depot (ICD) to provide services to the
latter''s customers.