Monday, June 28, 2010
By Vu Trong Khanh
HANOI -(Dow Jones)- State-run Vietnam Bank for Agriculture and Rural Development, or Agribank, opened Monday a branch in Phnom Penh, its first overseas branch, the bank said Monday.
Agribank, Vietnam's largest financial institution by assets, said in a statement it aims to serve Vietnamese businesses operating in Cambodia and the country's population of 14 million people.
"Trade between Vietnam and Cambodia has annually grown by an average of 30% over the recent years," said Agribank chairman Nguyen The Binh, adding that trade between the two country is expected to reach $2 billion this year.
Agribank currently has total assets of $24.7 billion and has 2,300 branches and transaction offices throughout Vietnam.
Agribank, Vietnam's largest financial institution by assets, said in a statement it aims to serve Vietnamese businesses operating in Cambodia and the country's population of 14 million people.
"Trade between Vietnam and Cambodia has annually grown by an average of 30% over the recent years," said Agribank chairman Nguyen The Binh, adding that trade between the two country is expected to reach $2 billion this year.
Agribank currently has total assets of $24.7 billion and has 2,300 branches and transaction offices throughout Vietnam.
4 comments:
The New Viet version of Colonization has been revealed from time to time!!! Wake up the Khmer and fight against the Xmer puppet of the Xen, Xim, Xamrin.
After robbing our land now Ah Viet robbing our money from our people again, nothing left over.
Soon Ah Viet will take Hun Sen family as their slavery.
now mr. hun sen related to ho chi minh? give me a break! political bias again all the time here! hope smart people don't buy into it. that's all!
it sounds like a lot of khmer people hated youn, i wonder why? there must be a reason for that, i think!
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