Corporate

A Sacombank transaction office in HCM City. — Photo courtesy of Sacombank Sacombank has set aside VND10 trillion (US$434.78 million) for preferential loans to corporate customers at interest rates starting at 4 per cent for a maximum tenor of six months to help exporters and businesses overcome the difficulties caused by the COVID-19 pandemic. The programme targets enterprises ranging in size from micro to large that use the bank’s services like e-banking, salary payment, guarantee, international payment, and others. The interest rate will be 4-6.7 per cent depending on the type of business, scale of operation, loan tenor, and the use of the bank’s services. The loans will be given until December 31 or the package is exhausted. In addition to useful financial solutions, Sacombank also offers promotions to increase benefits for corporate customers. From June 1 to August 31, all corporate customers can choose account numbers for free, have their annual fees for business … [Read more...] about Sacombank sets aside more than $434 million for preferential loans to corporate customers

Bennett Neo, SABECO General Director (left), Le Hoai Anh, VFF General Secretary and Le Dac Lam, chairman of.VTVCab Sport (right) shake hands at their cooperation and sponsorship signing ceremony in Ha Noi on May 18. — Photo courtesy of VFF The Saigon Beer-Alcohol-Beverage Corporation (SABECO) has agreed a deal to sponsor the Viet Nam national football teams for one year. The sponsorship was signed between SABECO, the Viet Nam Football Federation (VFF) and VTVcab Sport Development Joint Stock Company (VTVCab Sport) in Ha Noi on Friday. As part of its sponsorship, running from June 2021 to June 2022, SABECO will be the exclusive sponsor in the beer industry of the men’s and women’s national teams, and the U22, U23 and Olympic squads for both national and international competitions. “We are proud to support the national football teams in their journey towards greater success and share their goal of bringing glory to the country,” said Bennett Neo, SABECO General Director. Over … [Read more...] about SABECO to support national football teams for one year

Sacombank launches 24/7 interbank money transfer service using VietQR code. — Photo courtesy of the bank Sacombank and the Vietnam National Payment Corporation (Napas) have launched the Napas 24/7 Quick Money Transfer Service using VietQR code, referred to as QR IBFT (VietQR is a QR code format exclusively for QR IBFT service). Using it, customers who need to make a payment or transfer money to another bank account do not need to remember and fill in their account number yet easily transfer money with a few simple steps on the Sacombank Pay app: go to quick access, select the QR code, scan the beneficiary's VietQR code, fill in the amount and explanation (if any), and hit ‘verify’ to complete the transaction. Besides, retail stores can pre-print QR codes for various amounts to make the payment process quicker and more professional. To mark the launch of the new payment service, from now until July 31, individual customers with cards or accounts at Sacombank, as well as other … [Read more...] about Sacombank launches 24/7 interbank money transfer service using VietQR code

Börje Ekholm, president and CEO of Ericsson At the Ericsson Unboxed Office event held in early June, Börje Ekholm, president and CEO of Ericsson, said 5G is possibly the biggest platform for innovation. “With 5G, we will not only serve the consumer market like we did with 4G, we're actually entering the enterprise space. The performance of 5G allows enterprises to choose cellular as their primary choice of connectivity.” Mobile service providers are well-positioned to capture enterprise opportunities, he added, with potential for significant expansion in revenues compared to current business. More opportunities in enterprise space Asa Tamsons, head of Business Area Technologies and New Businesses at Ericsson, added by 2030, up to $700 billion of 5G-enabled business-to-business value can be addressed by communication service providers (CSPs). Asa Tamsons, head of Business Area Technologies and New Businesses at Ericsson According to findings from a recent … [Read more...] about 5G accelerates opportunities in enterprise space

Managing director of Nestlé Vietnam Binu Jacob presenting a donation to Hung Yen authorities Pham Truong Tam, director of Hung Yen Industrial Zones Management Authority, lauded Nestlé Vietnam’s donation, calling the company an exemplary investor in the northern province. He highlighted that the company has been constantly expanding manufacturing activities and generating employment while contributing to the budget and ensuring strict compliance with the law. Also, the company has been actively pursuing corporate social responsibility activities to support the local community during the challenging times of the COVID-19 pandemic. “Nestlé Vietnam’s contribution to the COVID-19 vaccine fund once again confirmed that they stand heart and soul on the side of Vietnam and Hung Yen,” he added. “We highly appreciate the company’s ongoing contributions and efforts to sustainable development and the prosperity of the larger community.” Binu Jacob, managing director of Nestlé Vietnam, … [Read more...] about Nestlé Vietnam nurturing local communities