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Vietcombank or formally the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietnamese: Ngân hàng TMCP Ngoại thương Việt Nam) is a major commercial bank in Vietnam. Overview [ edit ]
Eurocurrency is currency held on deposit outside its home market, i.e., held in banks located outside of the country which issues the currency. [1] For example, a deposit of US dollars held in a bank in London, would be considered eurocurrency, as the US dollar is deposited outside of its home market.
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
Vietnam Posts and Telecommunications Group (Vietnamese: Tập đoàn Bưu chính Viễn thông Việt Nam), operating as its initialism VNPT, is a telecommunications company, owned by the Ministry of Finance, and was once the national post office of Vietnam.
Vietcombank Tower is a skyscraper in Ho Chi Minh City. [ 1 ] [ 2 ] It is 205 m (673 ft) tall and has a floor area of 3.232m² and has 35 above ground floors and 4 underground floors. [ 1 ]