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Image : Ky Co – a pristine campsite in Quy Nhon

Ky Co – a pristine campsite in Quy Nhon

person Orange Themes access_time May 11,2016

VietNamNet Bridge – Ky Co beach nestled at the foot of Mount Phuong Mai is the must-see destination in the beautiful coastal city of Quy Nhon.

Image : Kurt Russell talks Escape From New York and Big Trouble in Little China remakes

Kurt Russell talks Escape From New York and Big Trouble in Little China remakes

person Orange Themes access_time Apr 25,2017

Kurt Russell talks Escape From New York and Big Trouble in Little China remakes Let's face it, there aren't many people in Hollywood that are cooler than Kurt Russell. A powerhouse of acting brilliance and cool over the past four decades, the actor

Image : 3 new appointments to Supreme Court, deputy AG post for Hri Kumar

3 new appointments to Supreme Court, deputy AG post for Hri Kumar

person Orange Themes access_time Feb 17,2017

3 new appointments to Supreme Court, deputy AG post for Hri Kumar Three new Supreme Court appointments were announced yesterday, as well as that of Senior Counsel Hri Kumar Nair as the new deputy attorney-general. High Court judge Steven Chong Horng

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ANZ not backing out of retail and wealth businesses in Vietnam

access_time Nov 01,2016 chat_bubble_outline 58 views

ANZ is not selling its retail and wealth-management businesses in Vietnam, according to the bank’s branch in Hanoi.

In a move to shift its focus in the Asian region to institutional banking, ANZ has sold its wealth and retail operations in Singapore, Hong Kong, mainland China, Taiwan and Indonesia for around $80 million to Singapore’s DBS Group Holdings Ltd, Thomson Reuters reported on Monday.

The news has raised questions regarding ANZ’s operations in Vietnam, and whether or not the Australian bank is looking to offload its retail assets in the Southeast Asian country as well.

Thomson Reuters cited chief executive Shayne Elliott as saying that the bank might review options for its similar assets in the Philippines and Vietnam.

Clarifying the above remark, an ANZ representative said there are currently no plans to sell its retail and wealth businesses in Vietnam.

“ANZ’s retail and wealth businesses in Vietnam are not part of this transaction and there is no impact to our retail and institutional customers in Vietnam,” ANZ Communications Officer Nguyen Huyen My told VnExpress International in an e-mail on Tuesday.

She also added that ANZ Vietnam will continue to examine ways to improve its retail and wealth operations.

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