Monday, May 17, 2010

Another Viet bank allowed to operate freely in the colony

Investment bank opens branch in Cambodia

May 17, 2010

VNA

The Bank for Investment and Development of Vietnam (BIDV) has opened its first branch in Cambodia.

The Vietnamese-invested Bank for Investment and Development of Cambodia (BIDC) with a charter capital of US$70 million is the second largest bank of its kind in Cambodia.

In addition to BIDC, BIDV opens representative offices and invests in other projects in Cambodia, such as the Cambodia Investment and Development Joint Stock Company and the Vietnam-Cambodia Insurance Joint Stock Company.

5 comments:

Anonymous said...

These kind of bank could bankrupt any time. If Khmers are stupid enough to put their money in that bank, what is the problem ?

Anonymous said...

Yeah, Khmers are STUPID DUMB HEAD

Anonymous said...

Never trust these dog-eater society.

The US should finish their unfinished business.

Anonymous said...

This is the work of a dictatorship design to bleeding your own citizens to the death!While allowing an unwanted foreigner to manipulate and capitalize in our own nation!Viet are colonies every sector now-in side Cambodia,this will not be the last-that you will hear and see many more to come.

Anonymous said...

Just bringing in more competition, actually good for consumers in terms of service.

No need to hate everything Vietnam.
Some investment from them is good for Cambodia, assuming the companies pay taxes and fees as stipulated by the kingdom.