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With its relationships with more than 400 agents who are banking institutions and strategic co-operation with many leading Vietnamese and international partners, HDBank has extensive international payment operations and its international payment services quality is recognised also by other leading lenders such as Wells Fargo, Deutsche Bank, Citibank, and BHF – Bank. … [Read more...] about HDBank wins award for outstanding international payment service for 3rd consecutive year

HCM City (VNS/VNA) - For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank. This is the third year in a row HDBank has won the MT202 award, and the second year it has received the MT103 award. Both are given by J.P Morgan Chase Bank, the US’s largest lender in terms of assets and the world’s largest US dollar clearing agent. HDBank’s STP rates exceed the benchmarks set by global credit institutions. According to JP Morgan Chase and other large institutions and agents providing clearing services in the greenback and euro, the STP rate for international electronic payment is currently 89–90 percent on average. With an exceptional STP rate of 99.94 percent for MT 202 and 99.68 percent for MT103, HDBank was one of the few Vietnamese banks to win the top prize. This underlines … [Read more...] about HDBank wins award for outstanding international payment service

The 3D design portable Mini Pouch is 12cm (H) x 8.5cm (W) (sizes slightly vary depending on design). It includes a zipper on the back so you can conveniently store all kinds of little essentials such as keys, credit cards, earphones, coins and small accessories, and more inside on days out. You can even turn the pouch into a handy hygiene kit by putting hand sanitiser or wet wipes inside when going out or exercising, so the gang of Sanrio characters can help you stay safe and healthy as we all fight the pandemic together. The lightweight pouch is designed with a convenient strap that detaches with a handy snap button. So, wear it round your wrist or, attach it to your handbag, or just pop inside your bag as is. It's totally up to you! … [Read more...] about 7-Eleven teams up with 8 popular Sanrio characters to launch a Mini Pouch Collectible Programme “Little Baubles of Joy”

HCM CITY — Sacombank is proud to be one of the first banks in Việt Nam to co-operate with international payment companies Visa and MasterCard to upgrade the 3D-Secure multi-level security system for card transactions from version 1.0 to version 2.0. … [Read more...] about Sacombank security technology for online payments upgraded to latest version

Vietnam’s foreign trade volume has increased in recent years as free-trade agreements are opening new market opportunities for local businesses. However, the lack of working capital and transaction banking services such as SCF partially hinders producers and suppliers, especially MSMEs, from accepting large orders or developing new relationships with their value chain actors. As a result, the share of receivables and inventory registered as movable collateral in Vietnam is just about 30 per cent, compared with 60 per cent in China and 80 per cent in mature markets globally.  … [Read more...] about Financial infrastructure support for post-pandemic economic recovery in Asia-Pacific