VietinBank to sign strategic agreement with VEC

Wednesday, May 21, 2008
The Bank for Trade and Industry of Viet Nam (VietinBank), formerly Industrial and Commercial Bank of Viet Nam (Incombank), announced that it is to sign a strategic cooperation agreement with the Viet Nam Express Highway Development and Investment Co (VEC) on May 20 in Hanoi.

Under it, VietinBank and VEC will jointly carry out development plans to exploit the two signatories' potentials effectively. First, the two signatories would co-build investment projects to exploit services along the two sides of highways to submit to the government.

According to VietinBank's representative, the bank will create the best conditions for VEC to approach and use its banking services and products