VietinBank - A pioneering bank connecting leading Japanese corporations
VietinBank - A pioneering bank connecting leading Japanese corporations
According to the statistics of the Ministry of Planning and Investment, up to July 2023, Japan has 5,143 valid projects with a total registered investment capital of nearly 70.96 billion USD, ranking 3rd out of 143 countries/territories investing in Vietnam. In addition, according to the Japan External Trade Organization (Jetro), as of the end of July 2023, there are nearly 2,000 businesses that are members of the Japan Business Association in Vietnam, the highest number in all Southeast Asian countries.
In order to meet the increasing demand of Japanese enterprises in Vietnam as well as Japanese enterprises with investment needs in Vietnam, with the position of two leading banks, representing the two countries of Vietnam and Japan, VietinBank and MUFG have demonstrated the strength of their strategic cooperation alliance in serving leading Japanese corporations investing and expanding their business operations in Vietnam. VietinBank provides a one-stop solution service with a comprehensive financial solution package for the customer ecosystem throughout the entire value chain from parent companies to end users.
Implementing the strategy of upgrading relations with multi-sector trading corporations (trading houses), in addition to strengthening relations with senior leaders of legal entities in Vietnam, VietinBank has organized meetings with leaders of the group's headquarters in Japan. The working trip was organized at a very special time, marking the 50th anniversary of the establishment of diplomatic relations between Vietnam and Japan, the 35th anniversary of the establishment of VietinBank, and 10 years of cooperation between VietinBank and its strategic partner MUFG.
Within the framework of the business trip, Mr. Tran Minh Binh - Chairman of the Board of Directors of VietinBank and representative of MUFG had working sessions with 3 groups: Mitsubishi Corporation, Sumitomo Corporation, and Marubeni Corporation. All three groups have extensive cooperative relationships with MUFG and VietinBank.
VietinBank Delegation Takes Souvenir Photo With The Leadership Of Sumitomo Corporation Group
VietinBank is currently having relationships with most of the 3 corporations' legal entities in Vietnam, in such fields as: Manufacturing, retail, real estate development, infrastructure, energy. Thereby, VietinBank demonstrates the role and responsibility of a leading bank in Vietnam, contributing to the development of the nation's infrastructure by accompanying large-scale infrastructure and energy projects such as: Nghi Son Thermal Power Plant (Thanh Hoa), Van Phong Thermal Power Plant (Khanh Hoa), Vuong Ang Thermal Power Plant (Ha Tinh), urban development projects, smart cities, and other potential projects.
Working Delegation Takes Souvenir Photo With Mitsubishi Corporation Group And Representatives Of The Urban Development - Real Estate Group
At the working sessions, the leaders of both sides acknowledged and highly appreciated the results of cooperation in the past, and discussed opportunities for expanding cooperation in the future. VietinBank pledged and expressed its willingness to cooperate and serve the needs of the group's legal entities. Chairman of the Board of Directors Tran Minh Binh emphasized: "VietinBank wants to become a companion to Japanese corporations based on comprehensive, in-depth and multi-sectoral cooperation. In addition to financial solutions, VietinBank will support and provide value-added services to customers, such as connecting sustainable development relationships and providing market and industry information to support the business activities of corporations in Vietnam".
Working Delegation Takes Souvenir Photo With The Leadership Of Mitsubishi Corporation Group And Members Of The International Energy Group
The successful working visit opens up opportunities for comprehensive development between VietinBank and Japan's leading corporations. This cooperation will help VietinBank continue to effectively implement its business plan, reach out to Japanese FDI customers from the pre-investment stage, and at the same time enhance the reputation of the VietinBank brand to multinational corporations, creating a solid foundation for VietinBank and MUFG to affirm their strong alliance position, representing the cooperative business and investment relationship between Vietnam and Japan.
VietinBank Delegation Takes Souvenir Photo With The Leadership Of Marubeni Corporation Group
According to the statistics of the Ministry of Planning and Investment, up to July 2023, Japan has 5,143 valid projects with a total registered investment capital of nearly 70.96 billion USD, ranking 3rd out of 143 countries/territories investing in Vietnam. In addition, according to the Japan External Trade Organization (Jetro), as of the end of July 2023, there are nearly 2,000 businesses that are members of the Japan Business Association in Vietnam, the highest number in all Southeast Asian countries.
In order to meet the increasing demand of Japanese enterprises in Vietnam as well as Japanese enterprises with investment needs in Vietnam, with the position of two leading banks, representing the two countries of Vietnam and Japan, VietinBank and MUFG have demonstrated the strength of their strategic cooperation alliance in serving leading Japanese corporations investing and expanding their business operations in Vietnam. VietinBank provides a one-stop solution service with a comprehensive financial solution package for the customer ecosystem throughout the entire value chain from parent companies to end users.
Implementing the strategy of upgrading relations with multi-sector trading corporations (trading houses), in addition to strengthening relations with senior leaders of legal entities in Vietnam, VietinBank has organized meetings with leaders of the group's headquarters in Japan. The working trip was organized at a very special time, marking the 50th anniversary of the establishment of diplomatic relations between Vietnam and Japan, the 35th anniversary of the establishment of VietinBank, and 10 years of cooperation between VietinBank and its strategic partner MUFG.
Within the framework of the business trip, Mr. Tran Minh Binh - Chairman of the Board of Directors of VietinBank and representative of MUFG had working sessions with 3 groups: Mitsubishi Corporation, Sumitomo Corporation, and Marubeni Corporation. All three groups have extensive cooperative relationships with MUFG and VietinBank.
VietinBank Delegation Takes Souvenir Photo With The Leadership Of Sumitomo Corporation Group
VietinBank is currently having relationships with most of the 3 corporations' legal entities in Vietnam, in such fields as: Manufacturing, retail, real estate development, infrastructure, energy. Thereby, VietinBank demonstrates the role and responsibility of a leading bank in Vietnam, contributing to the development of the nation's infrastructure by accompanying large-scale infrastructure and energy projects such as: Nghi Son Thermal Power Plant (Thanh Hoa), Van Phong Thermal Power Plant (Khanh Hoa), Vuong Ang Thermal Power Plant (Ha Tinh), urban development projects, smart cities, and other potential projects.
Working Delegation Takes Souvenir Photo With Mitsubishi Corporation Group And Representatives Of The Urban Development - Real Estate Group
At the working sessions, the leaders of both sides acknowledged and highly appreciated the results of cooperation in the past, and discussed opportunities for expanding cooperation in the future. VietinBank pledged and expressed its willingness to cooperate and serve the needs of the group's legal entities. Chairman of the Board of Directors Tran Minh Binh emphasized: "VietinBank wants to become a companion to Japanese corporations based on comprehensive, in-depth and multi-sectoral cooperation. In addition to financial solutions, VietinBank will support and provide value-added services to customers, such as connecting sustainable development relationships and providing market and industry information to support the business activities of corporations in Vietnam".
Working Delegation Takes Souvenir Photo With The Leadership Of Mitsubishi Corporation Group And Members Of The International Energy Group
The successful working visit opens up opportunities for comprehensive development between VietinBank and Japan's leading corporations. This cooperation will help VietinBank continue to effectively implement its business plan, reach out to Japanese FDI customers from the pre-investment stage, and at the same time enhance the reputation of the VietinBank brand to multinational corporations, creating a solid foundation for VietinBank and MUFG to affirm their strong alliance position, representing the cooperative business and investment relationship between Vietnam and Japan.
VietinBank Delegation Takes Souvenir Photo With The Leadership Of Marubeni Corporation Group