Vietnam’s Agribank has received the 2015 Operational Excellence Award from Wells Fargo, the third-largest wholesale bank in the US, for improving its payment services.
Agribank is among the biggest bank in Vietnam in terms of fund resources, assets, staff, operating network and customer base. (Photo:viettimes.vn)
Hanoi (VNA) – Vietnam’s Agribank has received the 2015 Operational Excellence Award from Wells Fargo, the third-largest wholesale bank in the US, for improving its payment services.
Speaking at an award ceremony held in Hanoi recently, David Walker Smith, Regional Head Southeast Asia-Global Financial Institution, lauded cooperation between the two banks in recent times.
Since 2012, Agribank has received several awards in international payment quality from the US bank, which is also the world’s 14 th largest bank, including best international payment quality award in 2014, 2015.
The bank has received awards from Standard Chartered Bank and Bank of New York Mellon in 2015.
Agribank is among the biggest bank in Viet Nam in terms of fund resources, assets, staff, operating network and customer base.
As of 31 December 2015, Agribank's assets totalled 833 trillion VND (37.5 billion USD) and its total outstanding loans were worth nearly 615 trillion VND (27.7 billion USD).
🌠 The bank has a staff of 40,000 people across 2,300 branches and transaction offices and 1,000 correspondent banks in 100 countries and territories.-VNA
The Vietnam Bank for Agriculture and Rural Development (Agribank) has become Vietnam’s first bank joining Eurogiro, which provides global remittance services.
The Agribank was named in the Top 10 of VNR500 in 2015 for the fifth consecutive year, making the unit the only commercial bank in the position, Vietnam Report Stock Company has announced recently.
The Vietnam Bank for Agriculture and Rural Development (Agribank) was given the Best International Payment 2015 award by the UK’s Standard Chartered Bank (SCB).
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Agribank is among the biggest bank in Vietnam in terms of fund resources, assets, staff, operating network and customer base. (Photo:viettimes.vn)
