• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Another foreign bank licensed in VN

VGP - The Governor of the State Bank of Việt Nam on Monday permitted the Singaporean-based bank N.M Rothschild & Sons Limited to open its representative office in Hà Nội.

April 14, 2009 2:00 PM GMT+7

The representative office, permitted to operate for five years, will be tasked with conducting market research and promoting the bank’s investment projects in Việt Nam.  

It will also speed up and supervise the implementation of contracts and agreements that N.M Rothschild & Sons Limited has signed with Vietnamese credit organizations and businesses as well as projects it has sponsored. 

The license also requires N.M Rothschild & Sons Limited to finalize all necessary formalities and inaugurate its Hà Nội office within 12 months from April 13.  

According the Sate Bank of Việt Nam, 55 representative offices and 42 branches of foreign banks, 5 joint-ventures and 5 wholly foreign-owned banks are operating in Việt Nam.

 By Ngọc Vân